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HighJump Software is acquiring Global Beverage Group Inc., which supplies software for the direct-store delivery of consumer packaged goods. ... Toyota Material Handling USA says its $5 billion sales revenue in 2005 made it the world's largest lift truck supplier for the fourth consecutive year. ... Liquidity Services Inc. has acquired the wholesale business of California-based STR Inc., a liquidator of store-returned merchandise. The company plans to leverage the Internet for the disposition of returns. ... Nissan Forklift has received Foreign Trade Zone status for its factory near the Rockford International Airport in Illinois. This will allow Nissan Forklift to streamline the customs process, as well as reduce or eliminate duties and tariffs on many of the parts that it imports and completed machines Nissan exports. ... INTTRA, a company that provides e-commerce solutions to ocean carriers and their customers, has opened an office in Dubai in the United Arab Emirates. ... LXE has announced that its MX7 and MX3X handheld computers have been certified for Cisco Compatible Extensions Version 3. Psion Teklogix says that its 7537 handheld has received that same Cisco certification. ... Dallas-based third-party service provider Greatwide Logistics Services has acquired Gallop Logistics Corp., a privately held freight brokerage company headquartered in Toronto, Ontario. Gallop provides temperature-controlled truckload and LTL service for food producers, distributors and retailers. ... QAD Inc., an enterprise software specialist, has acquired Precision Software Ltd., a supplier of transportation management software based in Dublin, Ireland.

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a drone flying in a warehouse

Geodis goes airborne to speed cycle counts

As a contract provider of warehousing, logistics, and supply chain solutions, Geodis often has to provide customized services for clients.

That was the case recently when one of its customers asked Geodis to up its inventory monitoring game—specifically, to begin conducting quarterly cycle counts of the goods it stored at a Geodis site. Trouble was, performing more frequent counts would be something of a burden for the facility, which still conducted inventory counts manually—a process that was tedious and, depending on what else the team needed to accomplish, sometimes required overtime.

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NMFTA to release proposed freight classification changes this week

NMFTA to release proposed freight classification changes this week

The less-than-truckload (LTL) industry moved closer to a revamped freight classification system this week, as the National Motor Freight Traffic Association (NMFTA) continued to spread the word about upcoming changes to the way it helps shippers and carriers determine delivery rates. The NMFTA will publish proposed changes to its National Motor Freight Classification (NMFC) system Thursday, a transition announced last year, and that the organization has termed its “classification reimagination” process.

Businesses throughout the LTL industry will be affected by the changes, as the NMFC is a tool for setting prices that is used daily by transportation providers, trucking fleets, third party logistics service providers (3PLs), and freight brokers.

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US department of transportation building

Senate confirms Duffy as U.S. Transportation secretary

Trade and transportation groups are congratulating Sean Duffy today for winning confirmation in a U.S. Senate vote to become the country’s next Secretary of Transportation.

Duffy prevailed in a broad, 77-22 majority as the former Wisconsin Congressman moved through congressional committee hearings with few ripples compared to some of the more controversial cabinet picks for the new Trump Administration.

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boxes in a freight trailer

Gartner: some enterprises could turn tariff volatility to their advantage

With the new Trump Administration continuing to threaten steep tariffs on Mexico, Canada, and China as early as February 1, supply chain organizations preparing for that economic shock must be prepared to make strategic responses that go beyond either absorbing new costs or passing them on to customers, according to Gartner Inc.

https://www.gartner.com/en/newsroom/press-releases/2025-01-28-gartner-says-supply-chain-organizations-can-use-tariff-volatility-to-drive-competitive-advantage

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Logistics real estate rents dropped in 2024 after decade of growth

Global logistics real estate rents drooped in 2024 as an overheated market reset after years of outperformance, according to a report from real estate giant Prologis.

By the numbers, global logistics real estate rents declined by 5% last year as market conditions “normalized” after historic growth during the pandemic. After more than a decade overall of consistent growth, the change was driven by rising real estate vacancy rates up in most markets, Prologis said. The three causes for that condition included an influx of new building supply, coupled with positive but subdued demand, and uncertainty about conditions in the economic, financial market, and supply chain sectors.

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