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Shipping
CMA CGM to spend $110 million on “bespoke AI”
What follows is a look at how several companies are harnessing the power of digitalization and what one industry organization is doing to support those efforts.EASING THE LOAD WITH AITo see the kinds of benefits digitalization can bring,…
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DHL bets big on healthcare with $2.2 billion investment
The German logistics provider DHL will invest $2.2 billion over the next five years to enhance its logistics capabilities in the life sciences and healthcare sector, the company said today.With 50% of the investment allocated to the…
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Plaquemines Port rebrands in bid to become gateway for global trade
“Recession and stagflation risks are rising with tariff uncertainty,” Schenker said in a statement. “U.S. consumer confidence has recently fallen, while consumer inflation rates remain elevated. The prospects for Q1 2025 U.S. gross…
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Widespread flooding in central U.S. wreaks $80 billion in damage
An outbreak of severe weather and widespread flooding in central U.S. states has done $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate by AccuWeather.The damage comes from a rare…
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Map app helps truckers receive “home deliveries” while on the road
When it comes to online shopping, truckers don’t have it as easy as the rest of us. The problem lies in the part of the ordering process where you select a delivery address: You can’t just click on one of your saved addresses for a…
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Logistics industry growth slowed in March
Economic activity in the logistics industry expanded in March, but at a slower rate compared to the first two months of the year, according to the latest Logistics Mangers’ Index report (LMI), released this week.The LMI registered 57.1…
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Market analysts say Trump tariffs spark economic risks
An array of supply chain market analysts is describing new economic risks triggered by the Trump administration’s move yesterday to impose high “reciprocal”—usually called retaliatory—tariffs on all U.S. trading partners, and trade…
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Latest Trump tariff plan shocks supply chain markets
Supply chains are struggling with a “sea change” of swiftly changing tariffs today, and stock markets were swamped on Thursday with a 1,500-point plunge in value as U.S. investors scrambled to find ways to offset the cost of the new…
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A good day for a long drive
On the flip side, some shippers are doubling down on the partnership philosophy, signing longer contracts with their 3PLs, deepening their engagement, and emphasizing collaboration and true partnerships with shared gains. They’re…
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Vertical Cold Storage acquires Detroit temperature-controlled logistics firm
Temperature-controlled DC operator Vertical Cold Storage has acquired the Canton, Michigan-based company Arctic Logistics, making its fifth acquisition of a facility in the past year and becoming the sixth largest cold storage company in…
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