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A new software company dedicated to logistics technology has been launched. Interactive Capacity Gateway, based in Detroit, implements and hosts Web-based software systems for the transportation industry. ... Peninsular Warehouse Co., a third-party logistics company in the Southeast, has changed its name to PenserSC. ... Old Dominion Freight Line has relocated and expanded its service center in Portland, Ore. ... Agility, TNT, and UPS, three leading logistics and transportation companies, are working with the World Economic Forum and the United Nations to provide logistics services to humanitarian agencies responding to large-scale natural disasters. ... Transplace, a third-party logistics service company, has launched a new subsidiary in Mexico called Transplace Mexico. …Horizon Lines has joined the EPA SmartWay Transport Partnership, and ProLogis has become a partner in the EPA's Energy Star program. …Brambles, the parent company of pallet management company CHEP, has acquired LeanLogistics, a company that provides technology- based transport and supply chain solutions. LeanLogistics will now operate as a division of CHEP. ... Vocollect's new VoiceLink 3.0 WCS (warehouse control system) has achieved certified integration status from SAP.

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FMCSA rule would require greater broker transparency

A move by federal regulators to reinforce requirements for broker transparency in freight transactions is stirring debate among transportation groups, after the Federal Motor Carrier Safety Administration (FMCSA) published a “notice of proposed rulemaking” this week.

According to FMCSA, its draft rule would strive to make broker transparency more common, requiring greater sharing of the material information necessary for transportation industry parties to make informed business decisions and to support the efficient resolution of disputes.

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chart of trucking conditions

FTR: Trucking sector outlook is bright for a two-year horizon

The trucking freight market is still on course to rebound from a two-year recession despite stumbling in September, according to the latest assessment by transportation industry analysis group FTR.

Bloomington, Indiana-based FTR said its Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.

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chart of robot use in factories by country

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

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person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

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Report: SMEs hopeful ahead of holiday peak

Report: SMEs hopeful ahead of holiday peak

Businesses are cautiously optimistic as peak holiday shipping season draws near, with many anticipating year-over-year sales increases as they continue to battle challenging supply chain conditions.

That’s according to the DHL 2024 Peak Season Shipping Survey, released today by express shipping service provider DHL Express U.S. The company surveyed small and medium-sized enterprises (SMEs) to gauge their holiday business outlook compared to last year and found that a mix of optimism and “strategic caution” prevail ahead of this year’s peak.

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