Container traffic slows at Suez Canal after Red Sea missile attacks A.P. Moller-Maersk and Hapag-Lloyd divert vessels from increasingly dangerous waters December 15, 2023 Ben Ames No Comments A.P. Moller-Maersk and Hapag-Lloyd divert vessels from increasingly dangerous watersRead More
NRF: shrinkage continues to rise, but maybe not organized crime Retail group retracts statistic on portion of retail shrink that was caused by “organized retail crime” December 11, 2023 Ben Ames No Comments Retail group retracts statistic on portion of retail shrink that was caused by “organized retail crime”Read More
Freight exec Brad Jacobs turns sights on building products distribution sector Industry is prime for consolidation because it generates billions in annual revenue, but is highly fragmented and lacks modern tech, investor says December 11, 2023 Ben Ames No Comments Industry is prime for consolidation because it generates billions in annual revenue, but is highly fragmented and lacks modern tech, investor saysRead More
Former XPO chief Brad Jacobs builds $1 billion war chest for another acquisition run Investor announces plan to take over software firm called SilverSun Technologies and use it to buy up targets in an unnamed industry December 4, 2023 Ben Ames No Comments Investor announces plan to take over software firm called SilverSun Technologies and use it to buy up targets in an unnamed industryRead More
Hapag-Lloyd is latest to add “war risk surcharge” on shipments to and from Israel Ongoing violence in region leads to climbing insurance rates for vessels calling Israeli ports December 1, 2023 Ben Ames No Comments Ongoing violence in region leads to climbing insurance rates for vessels calling Israeli portsRead More
Startup says its electric motor can save power in conveyors Infinitum raises $185 million, partners with Rockwell Automation to bring product to warehouses December 1, 2023 Ben Ames No Comments Infinitum raises $185 million, partners with Rockwell Automation to bring product to warehouses Read More
Universal Robots unveils smaller, stronger cobot arm UR30 can hoist 30 kg or 65 pounds for applications in material handling and palletizing November 29, 2023 Ben Ames No Comments UR30 can hoist 30 kg or 65 pounds for applications in material handling and palletizingRead More
Intermodal groups applaud White House pick for new Multimodal Freight Office DOT position will coordinate across modal agencies to enhance information sharing, and guide investments in intermodal projects November 29, 2023 Ben Ames No Comments DOT position will coordinate across modal agencies to enhance information sharing, and guide investments in intermodal projectsRead More
Amazon’s parcel delivery growth puts pressure on retailers, Veho says E-commerce giant reportedly passes UPS and FedEx in package deliveries, in push to keep its consumers loyal November 29, 2023 Ben Ames No Comments E-commerce giant reportedly passes UPS and FedEx in package deliveries, in push to keep its consumers loyalRead More
Biden Administration unwraps package of supply chain support policies Initiatives to include over 30 actions including creation of White House Council on Supply Chain Resilience. November 27, 2023 Ben Ames No Comments Initiatives to include over 30 actions including creation of White House Council on Supply Chain Resilience.Read More