Logistics News

Deutsche Bahn has signed an agreement to sell its logistics subsidiary DB Schenker to Danish freight forwarder DSV for approximately $16 million (14.8 billion EUR), the companies said today.The acquisition will allow Deutsche Bahn to focus on its core rail business and reduce debt, while DSV will expand its global... Read more

Michael Sadowski Most of the apparel sold in North America is manufactured in Asia, meaning the finished goods travel long distances to reach end markets, with all the associated greenhouse gas emissions. On top of that, apparel manufacturing itself requires a significant amount of energy, water, and raw materials like... Read more

Growth slowed slightly from July, but a recent pattern of steady expansion may indicate a return to pre-Covid seasonal trends.... Read more

The winter peak season hiring boom has begun, as logistics service provider (LSP) Geodis said Thursday that it plans to hire 3,700 seasonal workers across its warehouses and distribution centers in the U.S. and Canada to help manage the expected rise in volumes.That hiring surge marks a significant jump in... Read more

The Port of Los Angeles plans to build a $52 million on-dock rail expansion at its Fenix Marine Terminal, saying the project will expand capacity and cargo efficiency while providing environmental benefits.The investment follows several similar moves to expand rail access at other U.S. ports, including an $83 million project... Read more

Numbers could go even higher in winter peak season, as demand is driven by hot e-commerce and shift in freight flows away from Red Sea violence.... Read more

GEODIS, a leading global logistics provider, today announced plans to hire 3,700 seasonal workers across its campuses in the U.S. and Canada to help manage the expected rise in volumes during peak season.... Read more

Seegrid Corp., which makes autonomous mobile robots (AMRs) for pallet material handling, has landed $50 million in new financial backing to accelerate its autonomous lift truck initiatives, which are generating more growth than expected, the company said today.“Unrelenting labor shortages and wage inflation, accompanied by increasing consumer demand, are driving... Read more

DAYTON, Ohio – Dayton Freight Lines, Inc., a leading provider of regional less-than-truckload (LTL) transportation services, was presented the 2023 Exceptional Performance Award and the Minnesota LTL Carrier of the Year award from Uline.... Read more

Truckload drivers in the U.S. earned a median annual amount of $76,420 in 2023, posting an increase of 10% over the last survey, done two years ago, according to an industry survey from the fleet owners’ trade group American Trucking Associations (ATA).That result showed that driver wages across the industry continue to... Read more

A post-pandemic hangover of excess capacity coupled with tepid industrial production is dampening demand and short-circuiting a return to growth for truckers. A bright spot: Inflation is moderating, and consumers keep spending. And maybe the Fed will finally cut interest rates.... Read more

Global Shipping Business Network (GSBN), a not-for-profit consortium enabling paperless shipping data exchange, has joined the Hong Kong Monetary Authority’s (HKMA) Project Ensemble in a move to accelerate the use of electronic Bill of Lading (eBOL) technology.Specifically, the move allows Hong Kong-based GSBN to test its eBOL tokenization use case with... Read more

The food supply chain software provider GrubMarket has acquired FreshGoGo, one of the largest online Asian grocery and specialty food e-commerce platforms in North America, the firms said on August 28.San Francisco-based GrubMarket said the deal will strengthen its position in the rapidly growing online grocery delivery market. GrubMarket provides AI-enabled... Read more

The Chinese electric vehicle (EV) maker BYD has zipped past Tesla to reach first place in a competitive ranking of 18 global EV manufacturers, according to the technology analyst firm ABI Research.In addition to those two “market leaders,” the analysis also included the “mainstream” companies GAC Aion, General Motors, Hyundai-Kia,... Read more

New capability is the subject of a peer-reviewed research article and is now in use at an iconic $10B+ quick-service restaurant chain... Read more