Skip to content
Search AI Powered

Latest Stories

newsworthy

accolades: awards and recognition

  • Web savvy. Forbes.com has named GT Nexus a "Best of the Web" company in its annual business-to-business directory. This is the third straight year that GT Nexus has been included in the list, which is compiled from surveys of companies in 36 different industries. GT Nexus was named to the Logistics category for the on-demand software and services it delivers over the Internet. Clients use the software to manage complex global transportation, logistics and supply chain activity.
  • All papers are in order. Georgia-Pacific has honored Leicht Transfer and Storage with two awards. The company presented Leicht with its 2004 Service Award for outstanding service for Georgia-Pacific's retail business and also named it the winner of its Inventory Accuracy Award for outstanding inventory management. Georgia-Pacific selected Leicht for achieving a "very high level of control in all facets of its operations with a focus on getting it right on each and every transaction." In 2003, Leicht implemented an inventory management system that includes Pocket PCs, bar-code readers and radio frequency to track Georgia-Pacific products in the more than one million square feet of warehouse space Leicht dedicates to this client.
  • South American salute. Ryder Brazil has received the 2004 Volvo Logistics Award. The award is a joint initiative of the Center for Logistics Studies at Coppead/Federal University in Rio de Janeiro, Volvo Brazil and Tecnologistica magazine. Ryder Brazil was selected for overall excellence in logistics services and cargo transportation throughout Brazil. This is the second time Ryder has received this award.
  • Uplifting choice. Masco Corp., a manufacturer and supplier of home improvement and building products, has selected Crown Lift Trucks as a winner in its MASTAR (Masco Supplier Team Award Recognition) Awards Program. The award recognizes leadership, communication, commitment and cooperation among Masco's leading suppliers.

The Latest

More Stories

team collaborating on data with laptops

Gartner: data governance strategy is key to making AI pay off

Supply chain planning (SCP) leaders working on transformation efforts are focused on two major high-impact technology trends, including composite AI and supply chain data governance, according to a study from Gartner, Inc.

"SCP leaders are in the process of developing transformation roadmaps that will prioritize delivering on advanced decision intelligence and automated decision making," Eva Dawkins, Director Analyst in Gartner’s Supply Chain practice, said in a release. "Composite AI, which is the combined application of different AI techniques to improve learning efficiency, will drive the optimization and automation of many planning activities at scale, while supply chain data governance is the foundational key for digital transformation.”

Keep ReadingShow less

Featured

manufacturing job growth in US factories

Savills “cautiously optimistic” on future of U.S. manufacturing boom

The U.S. manufacturing sector has become an engine of new job creation over the past four years, thanks to a combination of federal incentives and mega-trends like nearshoring and the clean energy boom, according to the industrial real estate firm Savills.

While those manufacturing announcements have softened slightly from their 2022 high point, they remain historically elevated. And the sector’s growth outlook remains strong, regardless of the results of the November U.S. presidential election, the company said in its September “Savills Manufacturing Report.”

Keep ReadingShow less
dexory robot counting warehouse inventory

Dexory raises $80 million for inventory-counting robots

The British logistics robot vendor Dexory this week said it has raised $80 million in venture funding to support an expansion of its artificial intelligence (AI) powered features, grow its global team, and accelerate the deployment of its autonomous robots.

A “significant focus” continues to be on expanding across the U.S. market, where Dexory is live with customers in seven states and last month opened a U.S. headquarters in Nashville. The Series B will also enhance development and production facilities at its UK headquarters, the firm said.

Keep ReadingShow less
container cranes and trucks at DB Schenker yard

Deutsche Bahn says sale of DB Schenker will cut debt, improve rail

German rail giant Deutsche Bahn AG yesterday said it will cut its debt and boost its focus on improving rail infrastructure thanks to its formal approval of the deal to sell its logistics subsidiary DB Schenker to the Danish transport and logistics group DSV for a total price of $16.3 billion.

Originally announced in September, the move will allow Deutsche Bahn to “fully focus on restructuring the rail infrastructure in Germany and providing climate-friendly passenger and freight transport operations in Germany and Europe,” Werner Gatzer, Chairman of the DB Supervisory Board, said in a release.

Keep ReadingShow less
containers stacked in a yard

Reinke moves from TIA to IANA in top office

Transportation industry veteran Anne Reinke will become president & CEO of trade group the Intermodal Association of North America (IANA) at the end of the year, stepping into the position from her previous post leading third party logistics (3PL) trade group the Transportation Intermediaries Association (TIA), both organizations said today.

Reinke will take her new job upon the retirement of Joni Casey at the end of the year. Casey had announced in July that she would step down after 27 years at the helm of IANA.

Keep ReadingShow less