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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. This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. Ryan, Descartes' CEO.
Another wave of closures and layoffs has hit workers and companies tied to commercial transportation, manufacturing, lumber production, distribution and logistics across the U.S. CEO Bob Hendrickson cited increasing operational costs and “industry headwinds” as some of the reasons for the layoffs. 1,756), Canfor Corp.
Still Foggy at the Top – What the New LogisticsReport Means for the Rest of Us For all the hope around trucking bouncing back, the new CSCMP “State of LogisticsReport” just affirmed what most small carriers already feel: Things are still off. trillion on logistics last year. That’s 8.7% Prices could move again.
Meanwhile, supply chain and logistics news continue to unfold. Now Let’s Get Into The Top Supply Chain & Logistics News for the Week! The company, which was founded in Massachusetts in 1950, was purchased for $11.3 died last quarter due to the bird flu, reported by the U.S. egg supply chain.
However, global and regional production and purchasing activity as measured by the J.P. Morgan Manufacturing PMI index has included a four month (July through October) long sequential contraction in production levels and reported a neutral 50 mark at the end of November. That is quickly fleeting. Global growth is projected to be 3.2
Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.
During the summers when I lived in Atlanta, I would pack my bikes on top of the car and head to this wonderful, and what was then a remote beach on the Outer Banks of North Carolina. On August 31, 2023, E2open reported fiscal second-quarter reporting. This buying spree followed a decade of seven software purchases.
I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008.
While putting myself through school, I got a part-time job at JFK airport which opened my eyes to logistics. Right out of college, I worked at a logistics company in Atlanta. I was involved with the procurement of equipment and materials. The expected metrics were part of the contract. It had 2,500 pieces.
The purchasing department needs solutions that can be rolled out quickly and easily to new forwarders and the ability to send all of the required information on shipment structures for tenders at the push of a button. Cloud-based IT solutions make complex logistical processes easier to manage.
Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. Descartes Showcases Logistics Technology Platform Innovations at Global User and Partner Conference. MercuryGate Launches Global, Omni-modal Freight Procurement Solution.
ATLANTA (August 24, 2022) American Software, Inc. NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. wholly owned subsidiaries of the Company, were also recognized as Top 100 Logistics IT Providers by Inbound Logistics. million and purchased Starboard Solutions Corp.,
ATLANTA (August 25, 2021) American Software, Inc. NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. Atlanta-based American Software, Inc.
Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.
These recognitions are awarded based on the responses of a meaningful number of real customers on G2 Stord One Commerce and Stord One Warehouse achieved OMS Market Leader and WMS Market Leader, respectively, on the Grid report by receiving positive reviews from verified users compared to similar products.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. The report found that 92% of companies surveyed had been a victim of ORC in the past year and that 71% said ORC incidents were increasing. Return Fraud Continues to Post a Threat to Retailers.
Los Angeles, CA and Atlanta, CA, October 11, 2022 -- TruConnect , the U.S.’s In addition, TruConnect orchestrates its operations through the Stord One Commerce software platform, accessing greater visibility and analytics to further optimize its supply chain. This news comes on the heels of continued momentum for Stord.
Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Both models have rather expensive base list prices, but the vehicle themselves feature a lot of technical innovation.
New SuiteApp for cloud supply chain meets Oracle NetSuite SuiteCloud Platform development standards and best practices ATLANTA – June 9, 2022 – Stord, a cloud supply chain leader, today announced that its Stord Cloud Supply Chain SuiteApp has achieved “Built for NetSuite” status.
In the logistics industry, a hub and spoke distribution model is used to disperse inventory to multiple fulfillment centers from a large distribution center. After deregulation, airlines started routing flights from smaller markets through major hubs like Atlanta. Offset Freight Costs. What Is Hub and Spoke Distribution?
XPO’s stock nosedived last December after a short seller’s negative report. Lanes from Dallas to Los Angeles, Memphis to Atlanta, and Philly to Boston all gained ground. 310,000 Class 8 truck orders in 2018 marked the fourth strongest year for heavy duty truck purchases on record. billion of its own stock. 2018 — I mean — wow!
Jason Beardall, from England Logistics , Tamara Goorevitz , a lawyer who deals with lawsuits and litigation around transportation, shared insights into this issue. If you go through Atlanta, it could take you five hours to go five miles. A three person panel, including Prasad Collapali from Trucker Tools.
And now on to this week’s logistics news. XPO Logistics to spin off freight brokerage. CEVA Logistics using self-driving trucks to move freight. Walmart announced this week that it has become Canada’s first major retailer to offer carbon-neutral last-mile delivery for e-commerce purchases, including online grocery.
For some vineyards, they rely on specific barrels to give their wine its signature flavor; but reports are circulating that delays of 6 to 8 months are the norm for these barrels today. And now on to this week’s logistics news. The post This Week in Logistics News (October 30 – November 5) appeared first on Logistics Viewpoints.
Atlanta (GA)-- STORD , pioneers of networked distribution, next-generation warehousing and distribution for modern shippers, today announced a major update to their inventory visibility and order management platform, making it the fastest, most scalable, and most secure version of the application to date.
According to the National Retail Federation , over 16% of holiday purchases get returned, tallying up to a whopping $743 billion in merchandise yearly. items purchased being returned. Traditionally, this month of January is one of the most challenging times for logistics and return management in retail warehouses.
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