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NEWS

24 Apr
P&G expects $2.2B hit from supply costs in 2023
Category: Air Freight, Contract Logistics, ...
To combat inflation in inputs, the consumer goods giant is raising prices while taking steps to digitize and analyze its supply chain.
24 Apr
Tesla says lack of lithium refining capacity will become EV production ‘choke point’
Category: Air Freight, Contract Logistics, ...
The EV maker is expanding its lithium production capacity in the U.S. and calling on other companies to do so, too.
24 Apr
Geodis’ cross-border delivery service ups capacity with 2 new gateways
Category: Air Freight, Contract Logistics, ...
The airport facilities in New York and Los Angeles adds to MyParcel’s current processing and handling capabilities out of Chicago.
24 Apr
Amazon targets counterfeits with new information-sharing exchange
Category: Air Freight, Contract Logistics, ...
The e-commerce giant said the program has already detected hundreds of problematic accounts.
24 Apr
Ground parcel delivery costs reach record high as rate hikes take hold
Category: Air Freight, Contract Logistics, ...
Discounts helped prevent the figure from climbing even higher, according to the TD Cowen/AFS Freight Index.
24 Apr
Ikea invests $2.2B to fuel US growth
Category: Air Freight, Contract Logistics, ...
The investment, which is the retailer’s largest in the past four decades, will be used to open locations and strengthen its fulfillment network.
21 Apr
Fastenal makes headway on digital sales strategy
Category: Air Freight, Contract Logistics, ...
The fastener distributor is also seeing fulfillment and inventory rates improve.
21 Apr
CPKC inks intermodal deal with Schneider
Category: Air Freight, Contract Logistics, ...
The trucking company will provide service along the railroad’s north-south corridor, which connects the U.S. and Mexico.
21 Apr
On-demand delivery provider Frayt eyes large-scale shippers with $7M funding round
Category: Air Freight, Contract Logistics, ...
The company has already made progress in securing big-name customers like Bridgestone, Sherwin-Williams and Cargill.
20 Apr
Lawmakers scrutinize potential loopholes in forced labor law
Category: Air Freight, Contract Logistics, ...
Congressional members want more information on enforcement following reports that shippers are skirting the Uyghur Forced Labor Prevention Act.