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FedEx Founder Fred Smith Dies at 80

Supply Chain Digest

Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. Operations began in 1973 with 14 aircraft, and a package hub in Memphis.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Kuehne + Nagel Inc.

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

A steep, across-the-board decline in imported cargo , exports and empty containers during March dropped volumes at several major ports to levels not seen since before the COVID-19 pandemic. billion cumulative square feet of flat, sunny rooftop space — or about twice the area of Memphis, Tenn., million U.S. Generating the full 185.6