Remove Freight Remove Memphis Remove Procurement Analytics
article thumbnail

Strategic cargo theft is a rapidly growing concern

Freight Waves

to discuss the evolving landscape of cargo theft that continues to plague the freight industry. Strategic theft,” which involves deception and trickery to gain possession of freight, has skyrocketed by 1,475% between Q1 2022 and Q4 2024, according to CargoNet data. The scammer couldn’t answer.

article thumbnail

FedEx Founder Fred Smith Dies at 80

Supply Chain Digest

He founded a new freight company called “Federal Express,” to denote his national ambitions. Operations began in 1973 with 14 aircraft, and a package hub in Memphis. Financial performance metrics are valuable as they capture the economic consequences of business decisions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

All The Supply Chain News You Need To Know 3.11-3.15

Freight Plus

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!

article thumbnail

This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

US homes 8 retailers keeping Earth Day alive through a commitment to sustainability Ground parcel delivery costs reached a record high in Q1, although pricing discounts from carriers softened the blow, according to the TD Cowen/AFS Freight Index. households each year, a new report has found. percent for Q4. million U.S.

article thumbnail

June 2024 Freight Market Update

Stord

In the first half of the year, we experienced historically low rates due to excess capacity and flat freight volumes. Top Trends Capacity is Plentiful Covering freight is not difficult and negotiating power is still in the hands of the Shipper. at the beginning of May, it’s a metric to watch closely as we progress through the summer.