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Shipping
FedEx tool helps businesses handle international shipping
Parcel and logistics service provider FedEx Corp. today launched a suite of digital tools designed to help businesses navigate the complexities of international shipping.The new “Global Trade Navigator” product comes as businesses of…
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NRF: “extended peak season” keeps rolling in 2027
This year’s extended peak season is continuing, with a final bump expected this month that could push September just over the line to be the busiest month of the year for import volume at the nation’s major container ports, according to…
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Report: market drives hot demand for robotic picking
As warehouse automation continues to evolve, some of the most rapid development is happening in the use of stationary robots with robotic arms for picking and handling tasks—including palletizing, depalletizing, and item or case…
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Autonomous truck firm PlusAI plan to go public
The autonomous trucking technology firm Plus Automation, Inc. (known as PlusAI) plans to become a publicly listed company by merging with a special purpose acquisition company (SPAC) backed by the private equity firm Yorkville Advisors…
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C.H. Robinson: spot rates to continue recovery in 2027 from freight recession
As the freight market continues to normalize after a nearly four-year rate recession, brokerage firm C.H. Robinson is forecasting that spot rates in 2027 are expected to rise another 10% year over year for dry van, 11% for reefer, and…
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GE Appliances to expand Kentucky washer and drier factory in $1 billion plan
GE Appliances plans to invest $1 billion in a Kentucky factory that makes laundry appliances like washers and dryers, the company said Wednesday.The plan would expand high-output production of laundry products, according to GE…
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Logistics growth slowed in August
Economic growth in logistics slowed for a second straight month in August, marked by cooling inventory levels and rising cost pressures, according to the latest Logistics Managers’ Index (LMI) report, released this week.The LMI was 66.6…
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DHL Group completes corporate reorganization
Global logistics provider DHL Group today said it has completed a corporate reorganization that will see the global operating group represented by an entity called DHL AG, while the company’s Deutsche Post AG unit continues to represent…
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Descartes buys 3PL-focused WMS provider Extensiv for $120 million
The Canadian supply chain software firm Descartes Systems Group is continuing its run of acquisitions, announcing today that it has paid $120 million to buy California-based Extensiv, a provider of warehouse management and fulfillment…
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Chobani to adapt PA factory to dairy food production in $1.2 billion plan
In a move that will expand Pennsylvania’s food & beverage industry, the yogurt maker Chobani today announced a $1.2 billion plan to convert an existing food production facility into a dairy product manufacturing operation.Chobani…
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