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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

North American Transborder Freight up 23.8% Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. billion of freight, up 15.7% billion of freight, up 20.9%

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight.

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Competing in a diverse parcel market

Cathy Roberson

Meanwhile, FedEx reported that overall revenue for the quarter ending February 29 declined 2.3% Express average daily volumes fell 2.9%, with no change in Ground and Freight average daily shipments per day declined 4.1%. Its Freight division is considered the largest LTL provider. billion, while operating income increased 19.2%

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Supply Chain Matters This Week in Supply Chain Tech- March 17 2023

Supply Chain Matters

According to the SAP announcement , at a purchase price of $18.15 The software provider will continue to be led by its existing CEO Zig Serafin and reportedly will remain headquartered in Provo, Utah and Seattle, Washington. in cash per share, the transaction corresponds to a Qualtrics equity value of approximately $12.5

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Top 12 New Logistics Startup Companies Making Noise

ShipBob

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Freight forwarding. Brands can connect products, sales channels, warehouses, workflows, reports, and more.