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Layoff wave hits freight sector as nearly 9,000 jobs slashed

Freight Waves

Layoffs continue to impact the freight industry as firms across the U.S. The workforce reductions are tied to companies operating in sectors such as trucking, warehousing, logistics, food suppliers and manufacturing. Freight-related companies in Mexico have also recently announced major workforce reductions. In the U.S.,

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Ocean Freight Visibility Spells new Opportunities for Supply Chains – LogiSYM September 2020

The Logistics & Supply Chain Management Society

Headquartered in Germany, Ocean Insights is a leading ocean supply chain visibility and market intelligence provider that supplies real-time tracking data and market analysis to large shippers from a broad range of industries, including automotive, manufacturing, food & beverage, commodity trading, chemical and freight forwarding.

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Supply Chain Investments Represent a Significant Portion of Total VC Investing

Logistics Viewpoints

The Netherlands-based online grocery store Picnic Technology raised €355 million in investor capital as part of plans to expand into France and Germany. They also invested in manufacturing software firms like Plex, Oslo, and AVATA. Skydio, an intelligent drone technology, received $230 million Series E fundraising.

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Borderlands Mexico: US trade with Mexico over $69 billion in April

Freight Waves

billion, followed by Germany at $20.5 The company processes location-based data — telemetry data from passenger and freight vehicles — into mission-critical transportation applications and intelligence. “[The Hengli Hydraulics operates in over 20 countries, with 11 manufacturing plants and more than 8,000 employees worldwide.

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The STORD Story with Sean Henry

The Logistics of Logistics

He founded STORD along with co-founder Jacob Boudreau after experiencing the challenges of fragmentation and disconnected technology of the third-party logistics industry (3PL) first-hand while working in supply chain optimization for a global automotive manufacturer in Germany. Sean attended Georgia Tech prior to founding STORD.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Germany Freezes the Nord Stream 2 Project. Germany responded by halting certification of the Nord Stream 2 gas pipeline. That’s more than 50% of Germany’s annual consumption and could be worth as much as $15 billion to Gazprom, the Russian state-owned company that controls the pipeline. Russia Attacks Ukraine.

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The Great Maersk Shift

Freightos

As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started.