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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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The need to know

EFT

China's April soybean imports hit decade-low as customs delays disrupt trade China's soybean imports plunged to a 10-year low in April as prolonged customs clearance delays and late Brazilian shipments caused by harvest slowdowns and logistics issues disrupted the usual flow of cargoes, traders and analysts say.

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June Industry News

Freight Center

This pioneering Green Corridors Intelligent Freight Transportation System (IFTS) will connect inland terminals near Monterrey, Mexico, and north of Laredo (I‑35 area), operating 24/7 with low-emission shuttles to streamline customs crossings and dramatically reduce border congestion and emissions—by up to 75% compared to conventional diesel trucks.

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FourKites CEO Manipulates My Words to Unfairly Slam Project44’s Movement Platform

Freight Waves

This week, I was drawn into the feud between Project44 and FourKites, fierce rivals in logistics tech. It’s an impressive, transformative solution for logistics tech. Elenjickal claimed Project44 aims to harm carriers, 3PLs, 4PLs, freight forwarders, and brokers, urging caution in doing business with them.

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The Freight Broker’s Secret Weapon with Nick Schrock

The Logistics of Logistics

Nick Schrock and Joe Lynch discuss the freight broker’s secret weapon. Nick is the CEO and Founder of Valoroo , an outsourcing provider that focuses specifically on the logistics industry. He previously worked at Flock Freight, Ungerboeck Software, O’Brien Associates Food Brokerage, and Northwestern Mutual.

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Winning in a Down Freight Market with Nick Dangles

The Logistics of Logistics

Nick Dangles and Joe Lynch discuss winning in a down freight market. Nick is Co-founder of Sync Logistics Training is a joint venture between Metafora + Kinetic, a Learning Management Software that gives brokerages the power to transfer years of industry knowledge to new hire employees in an engaging and effective platform.

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This Week in Logistics News (May 4 – May 10)

Logistics Viewpoints

And now on to this week’s logistics news. Walmart recently established its latest high-tech consolidation center in Illinois, marking a significant addition to its supply chain infrastructure. The post This Week in Logistics News (May 4 – May 10) appeared first on Logistics Viewpoints. That’s all for this week.