Skip to content
Search AI Powered

Latest Stories

newsworthy

short takes

Donald Pratt died at the age of 72 in Charlotte, N.C. For more than 20 years, Pratt was the head of Carolina Handling, one of material handling equipment manufacturer Raymond's largest dealers. He took the company from three employees to over 200 at his retirement. Pratt also founded battery-changing company Multi-Shifter in 1974. … Port terminal operator MTC Holdings is being purchased by Highstar Capital, a subsidiary of AIG Global Investment Group. Headquartered in San Francisco, MTC is one of the largest independent terminal operators on the West Coast and is growing its operations on the East Coast. … Old Dominion Freight Line has opened a new service center in Long Beach, Calif. … Kansas-based supply chain consulting firm Xelocity has acquired PPM Ltd., a consulting and training company based in New Zealand and South Africa. … Horizon Lines has signed a letter of intent to purchase Honolulu-based Hawaii Stevedores. … RedPrairie has announced a standard integration of its products with the Microsoft Dynamics GP enterprise resource planning suite. The objective of the integration is to enable faster and less costly implementations. … Third-party logistics company C.H. Robinson Worldwide has expanded operations in Southeast Asia with the opening of a new office in Singapore. … Also in Singapore, Menlo Worldwide has acquired Singaporebased Cougar Logistics Corp., which includes Cougar Express Logistics, a freight forwarding, warehousing, logistics, and distribution management company. … A newly formed company, Goods Movement Inc., has acquired design and integration firm W&H Systems, headquartered in Carlstadt, N.J. Goods Movement, which is based in Rancho Dominguez, Calif., will add W&H to its portfolio, which now includes Total Transportation Services and North American Conveyor Inc.

The Latest

More Stories

Image of earth made of sculpted paper, surrounded by trees and green

Creating a sustainability roadmap for the apparel industry: interview with Michael Sadowski

Michael Sadowski
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 cotton. Overall, the production of apparel is responsible for about 2% of the world’s total greenhouse gas emissions, according to a report titled

Taking Stock of Progress Against the Roadmap to Net Zeroby the Apparel Impact Institute. Founded in 2017, the Apparel Impact Institute is an organization dedicated to identifying, funding, and then scaling solutions aimed at reducing the carbon emissions and other environmental impacts of the apparel and textile industries.

Keep ReadingShow less

Featured

xeneta air-freight.jpeg

Air cargo carriers enjoy 24% rise in average spot rates

The global air cargo market’s hot summer of double-digit demand growth continued in August with average spot rates showing their largest year-on-year jump with a 24% increase, according to the latest weekly analysis by Xeneta.

Xeneta cited two reasons to explain the increase. First, Global average air cargo spot rates reached $2.68 per kg in August due to continuing supply and demand imbalance. That came as August's global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its double-digit growth, rising +11%.

Keep ReadingShow less
littler Screenshot 2024-09-04 at 2.59.02 PM.png

Congressional gridlock and election outcomes complicate search for labor

Worker shortages remain a persistent challenge for U.S. employers, even as labor force participation for prime-age workers continues to increase, according to an industry report from labor law firm Littler Mendelson P.C.

The report cites data showing that there are approximately 1.7 million workers missing from the post-pandemic workforce and that 38% of small firms are unable to fill open positions. At the same time, the “skills gap” in the workforce is accelerating as automation and AI create significant shifts in how work is performed.

Keep ReadingShow less
stax PR_13August2024-NEW.jpg

Toyota picks vendor to control smokestack emissions from its ro-ro ships

Stax Engineering, the venture-backed startup that provides smokestack emissions reduction services for maritime ships, will service all vessels from Toyota Motor North America Inc. visiting the Toyota Berth at the Port of Long Beach, according to a new five-year deal announced today.

Beginning in 2025 to coincide with new California Air Resources Board (CARB) standards, STAX will become the first and only emissions control provider to service roll-on/roll-off (ro-ros) vessels in the state of California, the company said.

Keep ReadingShow less
trucker premium_photo-1670650045209-54756fb80f7f.jpeg

ATA survey: Truckload drivers earn median salary of $76,420

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 increase post-pandemic, despite a challenging freight market for motor carriers. The data comes from ATA’s “Driver Compensation Study,” which asked 120 fleets, more than 150,000 employee drivers, and 14,000 independent contractors about their wage and benefit information.

Keep ReadingShow less