Shipping

The New York-based industrial artificial intelligence (AI) provider Augury has raised $75 million for its process optimization tools for manufacturers, in a deal that values the company at more than $1 billion, the firm said…
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Logistics real estate developer Prologis today named a new chief executive, saying the company’s current president, Dan Letter, will succeed CEO and co-founder Hamid Moghadam when he steps down in about a year. After retiring on January…
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Rogers graduated from Princeton University and went to work for a medical device startup in China before moving to a hedge fund company, where he became a Chartered Financial Analyst (CFA). After that, he joined the U.S. Marine Corps,…
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E-commerce giant Amazon is continuing to expand its third party logistics (3PL) offerings, announcing today that it will provide its Amazon Prime fulfillment muscle for qualified consumers who buy certain goods from sporting goods…
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Global logistics provider Deutsche Bahn (DB) this week claimed victory in its decade-long lawsuit against several air freight carriers that it said had acted as a cartel to artificially inflate cargo prices.DB said it had successfully…
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Both shippers and carriers feel growing urgency for the logistics industry to agree on a common standard for key performance indicators (KPIs), as the sector’s benchmarks have continued to evolve since the COVID-19 pandemic, according to…
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It’s getting a little easier to find warehouse space in the U.S., as the frantic construction pace of recent years declined to pre-pandemic levels in the fourth quarter of 2024, in line with rising vacancies, according to a report from…
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Hardy said she would not be surprised if high rates of employee turnover are contributing to the rise in injuries and reportable incidents. While there are no statistics available to confirm that, experts we consulted for this article…
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Drivers typically choose a specific blend of gasoline based on their car's engine, picking high-octane fuel for a sports car and regular gas for the family sedan. Now a company has launched a similar range of products for diesel fuel,…
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When planning routes for their delivery trucks, fleet managers—or more likely, their route planning software systems—consider factors like mileage, road height and weight restrictions, traffic conditions, and weather. They can now add…
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