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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.,

El Paso 145
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How LTE-M and NB-IoT Are Revolutionizing Asset Tracking in Global Supply Chains

Logistics Viewpoints

In the past, tracking a shipping container across continents or monitoring the temperature of a pharmaceutical package in a rural warehouse came with trade-offs: cost, power drain, or unreliable coverage. That makes it ideal for warehouse environments, shipping pallets, or cold storage units. This is changing.

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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. About STORD.

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

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. Revenue: €63.3 billion/$72.43

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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. billion had been invested in Exiger ; warehouse automation and robotics; supply chain digitization and AI; and supply chain sustainability solutions.

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DHL steps up Middle East expansion with $570M in planned investments

Freight Waves

DHL Group, based in Bonn, Germany, said the investment, which aims to increase capacity and network efficiency, spans its express delivery, freight forwarding, contract logistics and e-commerce units in Saudi Arabia and the United Arab Emirates. Some of DHL’s investment in the region began in 2024.

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This Week in Logistics News (February 25 – March 4)

Logistics Viewpoints

A central part of Amazon’s ultrafast delivery strategy is its network of warehouses that the company calls same-day sites. The facilities are a fraction of the size of Amazon’s large fulfillment warehouses and are designed to prepare products for immediate delivery. The company’s Supply Chain 3.0 billion.