Skip to content
Search AI Powered

Latest Stories

newsworthy

NFI joins Volvo Trucks' LIGHTS project

3PL will operate Volvo's electric truck demonstration units as part of a California project to reduce greenhouse gas emissions.

Third-party logistics provider NFI is partnering with Volvo Trucks and California's South Coast Air Quality Management District (SCAQMD) for the Volvo Low Impact Green Heavy Transport Solutions (LIGHTS) project. As part of the partnership, NFI will operate Volvo Trucks' all-electric truck demonstration units in Southern California in 2019. Volvo plans to commercialize the units in North America in 2020.

The Volvo LIGHTS project is part of a California initiative to reduce greenhouse gas emissions, strengthen the economy, and improve public health and the environment, the companies said. Organizers say the project is estimated to eliminate 3.57 tons of air pollutants and 3,020 tons of greenhouse gases annually.

The Latest

More Stories

chart of global manufacturing levels

North American manufacturers stockpile goods ahead of Trump term

North American manufacturers have begun stockpiling goods to buffer against the impact of potential tariffs threatened by incoming Trump Administration, building up safety stocks to guard against higher imported costs, according to a report from New Jersey business software firm GEP.

That surge in orders has sparked a jump in production, shrinking the level of spare capacity in global supply chains to its lowest level since June, the firm said in its “GEP Global Supply Chain Volatility Index.” By the numbers, that index rose to -0.20 in November, from -0.39 the month before, based on GEP’s measurement of demand conditions, shortages, transportation costs, inventories, and backlogs from its monthly survey of 27,000 businesses.

Keep ReadingShow less

Featured

new technologies illustration with lightbulbs
Artificial Intelligence

Supply chain startups get creative

image of computer screen to illustrate trends

Construction underway on $9 billion of warehouse space in U.S.

In response to booming e-commerce volumes, investors are currently building $9 billion worth of warehousing and distribution projects under construction in the U.S., with nearly 25% of the activity attributed to one company alone—Amazon.

The measure comes from a report by the Texas-based market analyst firm Industrial Info Resources (IIR), which said that Amazon is responsible for $2 billion in warehousing and distribution projects across the U.S., buoyed by the buildout of fulfillment centers--facilities that help process orders and ship products directly to end customers, ensuring deliveries of online goods from retailers to buyers.

Keep ReadingShow less
screenshot of cargo booking tech from cargosprint

Investor-backed CargoSprint acquires Advent eModal

Private equity firms are continuing to make waves in the logistics sector, as the Atlanta-based cargo payments and scheduling platform CargoSprint today acquired Advent Intermodal Solutions LLC, a New Jersey firm known as Advent eModal that says its cloud-based platform speeds up laden container movement at ports and intermodal hubs.

According to CargoSprint—which is backed by the private equity investment firm Lone View Capital—the move will expand the breadth of global trade that it facilitates and enhance its existing solutions for air, sea and land freight. The acquisition follows Lone View Capital’s deal just last month to buy a majority ownership stake in CargoSprint.

Keep ReadingShow less
eureka robotics tech for manufacturing and logistics

Airbus Ventures invests $10.5 million in robotics startup

Airbus Ventures, the venture capital arm of French aircraft manufacturer Airbus, on Thursday invested $10.5 million in the Singapore startup Eureka Robotics, which delivers robotic software and systems to automate tasks in precision manufacturing and logistics.

Eureka said it would use the “series A” round to accelerate the development and deployment of its main products, Eureka Controller and Eureka 3D Camera, which enable system integrators and manufacturers to deploy High Accuracy-High Agility (HA-HA) applications in factories and warehouses. Common uses include AI-based inspection, precision handling, 3D picking, assembly, and dispensing.

Keep ReadingShow less
containers and ships at port

AAFA urges ILA and USMX to resolve dockworker contract feud

As another potential strike looms at East and Gulf coast ports, nervous retailers are calling on dockworkers union the International Longshoremen's Association (ILA) to reach an agreement with port management group the United States Maritime Alliance (USMX) before their current labor contract expires on January 15.

The latest call for a quick solution came from the American Apparel & Footwear Association (AAFA), which cheered President-elect Donald Trump for his published comments yesterday indicating that he supports the 45,000 dockworkers’ opposition to increased automation for handling shipping containers.

Keep ReadingShow less