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Descartes Announces Fiscal 2026 First Quarter Financial Results WATERLOO, Ontario and ATLANTA, Georgia, June 4, 2025 (GLOBE NEWSWIRE) – The Descartes Systems Group Inc. TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2026 first quarter ( Q1FY26 ). Ryan, Descartes' CEO. million, up 12% from $151.3
The FLR adopts the International Labor Organizations definition of forced labor and mandates the European Commission to issue guidelines by June 2026 to aid compliance. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.
food supply by the end of 2026. From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.
This week in supply chain and logistics news includes Blue Yonder being selected to support Border States, an electrical distribution company, with their warehouse management needs. Border States, a leading electrical distributor, has chosen Blue Yonder to power its first regional distribution center, scheduled to open in 2026.
It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico.
This demand spike coincides with a worldwide imperative to transition toward cleaner energy sources. For non-EV batteries, such as those used in grid-scale storage systems, tariffs are also slated to increase to 25% by 2026. However, a complex and at times contradictory web of federal policies is creating significant headwinds.
Strategic rethink in supply chains With such a substantial shift in operating costs over the short and long term, as well as an increased risk of dislocation disrupting supply chains, businesses are reconsidering their strategies, with major implications for global manufacturing and sourcing.
The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers. AI-driven analytics, machine learning, and robotics are improving procurement, inventory management, logistics, and supplier negotiations. Resilience is now taking precedence.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
Billion Acquisition of e2open Australia based logistics software provider WiseTech, developer of logistics execution software CargoWise , announced an agreement to acquire U.S. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1 WiseTech Announces $2.1 million in total revenues, a decline of 4.8
The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. Under “intermediate” products, the first sectors to be impacted are iron and steel in 2026, and aluminum in 2027.
Two companies, global parcel and logistics carrier FedEx , and global container shipping firm Hapag-Lloyd recently reported warnings related to 2025 financial performance. Hapag-Lloyd Warns on Profitability Last week global container shipping and logistics services provider Hapag-Lloyd warned of significantly lowered earnings this year.
As part of its partnership with drone company Wing, the retail giant intends to bring drone deliveries to Houston, Tampa, Orlando, Atlanta and Charlotte by June of 2026, and will expand existing services in the Dallas-Fort Worth region.
Brian Grass - Chief Financial Officer We also began dual sourcing more of our production and are now intensifying those efforts even further. We began to build out our internal Southeast Asia sourcing capabilities to accelerate supplier transitions out of China and in many cases dual source our production. Christopher J.
The topic/report will be on the logistics M&A so far this year. Reported May 20 Let me take a moment to comment on our global sourcing strategy. Today, more than 50% of our purchases are sourced in the United States. As a result, we now have tremendous sourcing flexibility. Look for another article later this week.
They include areas of supply chain planning, sourcing and procurement, customer fulfillment, logistics, transportation and other application areas. Scaling Back of Market Expectations Late last month, quantitative IT market industry analyst firm Gartner released a report of expected IT spending increases in 2025.
First up was UPS’ plan to reduce Amazon volumes 50% by the second half of 2026. Both providers offer tech platforms to manage crowd-sourced last-mile deliveries. Revenue within its forwarding and logistics businesses increased $282 million. And logistics revenue grew by 16.2%. Indeed, for 2024, Amazon made up 11.8%
Brent Kirby – President Given the uncertainties surrounding current trade deliberations, we would not anticipate significant country of origin changes in our sourcing in the near term. As we think about our moves from the 50%, we said back in February we were on a path to move to under 40% by 2026. We are speeding that up.
Reliance on China for Rare Earths Wal-Mart Brings Price War to Groceries, Boosting Pressure on Big Food Retailers Bloomberg Toyota, Daimler Finalize Plan to Merge Truck Units in 2026 More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox.
These tariffs will raise costs, disrupt supply chains, and force companies to rethink sourcing and logistics strategies. or shift sourcing to Mexico and Canada under USMCA. Companies must renegotiate supplier contracts to control costs and explore alternative sourcing strategies to minimize tariff exposure.
See the simple form from Hopper below: Source: Steve Hopper The seven ways included steps such as turning supervisors into true coaches, recognizing and rewarding performance, effective use of huddles, encouraging employee suggestions, doing frequent “gemba” walks and a few others. I will be back to WERC in 2026.
Powered by generative AI, this new system harnesses data from dozens of sources, including satellite imagery, road networks, building footprints, customer instructions, information from prior deliveries, and street imagery, to create a comprehensive delivery solution for millions of locations. Quick Response Ups Driver Hires h 2.8
This week in supply chain and logistics, major players across industries are making bold moves in response to cost pressures, policy shifts, and capacity challenges. These stories highlight the evolving dynamics and pressures shaping logistics and supply chain strategy from August 4th to August 7th. In the energy sector, U.S.
economy by 2026 and make inflation 2 percentage points higher [in 2025] than it otherwise would have been.”[4] He writes, “Tariffs hit hard on the bottom line by hiking up costs across supply chains, thereby affecting sourcing, manufacturing, and distribution decisions. and non-U.S. … Add in the burgeoning U.S.
Union Pacific, Norfolk Southern explore cross-continental railroad merger, source says Union Pacific (UNP.N) , the largest U.S. freight railroad operator, is exploring a possible acquisition of Norfolk Southern (NSC.N) to create a $200 billion coast-to-coast rail network, a person familiar with the matter said.
Those that can scenario plan, model risk, and quickly pivot sourcing strategies will be far better equipped to thrive in a fragmented, fast-moving global market. Amidst these geopolitical challenges, companies are also grappling with how to manage the environmental and logistical demands of scaling AI—especially when it comes to data centers.
Gulf shipping costs drop as Israel-Iran ceasefire holds Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources said on Thursday.
Exclusive: Hyundai Motor has a rare earths stockpile that can last about a year, source says Hyundai Motor (005380.KS) US trucker Forward Air attracts takeover interest from buyout firms, sources say Private equity firms including Blackstone (BX.N) Explainer: What's behind the surge in Japan's rice prices? tariffs loom.
companies experienced logistics cost increases of 10% to 15% due to tariffs in the past year. When duties render traditional sourcing unprofitable, companies must reconfigure supplier networks, often under tight timelines. An estimated 60% of U.S. Beyond the U.S., Tariffs also destabilize supply chain operations.
Truck maker Kenworth, a subsidiary of Paccar, announces that it is discontinuing its obviouslypopular, W900 model, launched 62 years prior in 1963, saying production of the iconic cab will end in 2026. That left logistics costs as a percent of US GDP down a bit in 2024 to 8.7%. The major focus of logistics is on e-commerce.
and Vietnam creates new question marks for sportswear and clothing retailers like Nike and Adidas that source shoes and clothes from factories in the Southeast Asian country, industry experts said on Thursday. For retailers, US-Vietnam trade deal leaves questions A trade deal announced by the U.S. billion rupees ($497.30
Last week featured news in the parcel logistics and last mile delivery segment with the announcement from Amazon adding FedEx as a multi-year partner for large or specialized packages. That phase out involves cutting the number of Amazon shipments serviced by one-half by the end of 2026.
Sales Slowdown The tariffs further complicate chief executive officer Calvin McDonald’s target of doubling sales from 2021 to 2026. Lululemon’s guidance assumes 30% tariffs on China and 10% on other countries. Rising competition and promotions in the apparel industry, and years of higher inflation, are also hindering the company.
the secretary of the Department of Health and Human Services, said he had reached “an understanding” with food manufacturers to remove commonly used artificial food dyes from their products by 2026. Kennedy Jr., The Times said Kraft Heinz is the first major food company to officially announce plans to do so.
This open-source tool essentially unlocks RDP capabilities that would normally be exclusive to Windows Pro, letting you connect remotely to your Windows Home PC using the standard Remote Desktop client. It allows users to bypass the restrictions of the Home edition by “wrapping” the existing RDP functionality.
I thought this was a very topical introduction to this week’s Supply Chain and logistics news Canadian Railroad Work Stoppage Threatens U.S Volvo Wins Bid for 300 Electric Trucks from DSV Announced on Thursday, Volvo received an order for 300 electronic trucks from Danish logistic firm DSV. billion in the first half of the year.
” And now on to this week’s logistics news. The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. Asda said it is experiencing “sourcing challenges” on some products that are grown in southern Spain and north Africa. The expansion will also grow Target’s workforce.
This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. Finding this data may reveal that double the work is being completed to source information that already exists in other branches.
The APAC automated storage and retrieval systems (ASRS) market is forecast to grow at a CAGR of about 10% between 2021 and 2026. Logistics automation has been on the uptrend for several years, and COVID-19 has only accelerated this trajectory. The Green Corridor – Optimal Tech for Green Logistics – Making Emissions Visible.
With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. This would increase efficiency, lowering inventory and logistics costs while still meeting customer demand. Digital Twin Applications For instance, say you’re a manufacturer or distributor.
Autonomous supply chains can also help businesses by enabling new business models, such as direct-to-consumer, subscription-based, and circular, and creating new sources of revenue and competitive advantage. The post The Future of Autonomous Supply Chains Part 1: Autonomous Shipping appeared first on Logistics Viewpoints.
I will soon be publishing the 2021 base-year study with a five-year forecast through 2026. Vanderlande is a member of Toyota Industries Corporation within the Toyota Advanced Logistics Group. KNAPP offers integrated warehouse systems and logistics software solutions. Contact us for more information.
Material Handling & Logistics ). Material Handling & Logistics ). 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Chain Store Age ). Chain Store Age ).
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
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