Welcome to Logistics Management
The first quarter edition of the TD Cowen/AFS Freight Index, which was recently released by New York-based investment firm TD Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, highlighted how various freight transportation modes are handling various factors, including low demand, overcapacity, and pricing.
The Logistics and Supply Chain News that Shaped 2024
In an annual tradition, LM group news editor Jeff Berman has conducted a thorough review of the expansive number of logistics- and supply chain-related news articles reported, written, and posted by the Logistics Management editorial staff over the course of the calendar year in order to create this list of the top news articles over that period. This …
Pitt Ohio expands Midwestern LTL presence with acquisition of …
Dec 16, 2024 · Pitt Ohio Transportation Group, a group of less-than-truckload (LTL) carriers controlled by Pitt Ohio, is expanding with the acquisition of Sutton Transport, a 45-year-old Midwest regional LTL trucking company based in Weston, Wis.
2025 Rate Outlook: Navigating the unpredictable
Dec 12, 2024 · The webinar provides insights from freight industry experts on the U.S. freight economy, rate and capacity forecasts across major transport modes, and strategies to help shippers budget effectively amidst ongoing market volatility.
Top 25 Freight Forwarders: Top forwarders continue to sail …
As if 2021 wasn’t bad enough, 2022 is presenting additional layers of disruption to global freight markets with further COVID-related lockdowns, especially in China; Russia’s invasion of Ukraine; exceptionally strong increases in energy prices; heightened competition for talent; and inflation and recession worries that are hitting multiple geographies and supply chains at different ...
FedEx announces that FedEx Freight will be separated into its own ...
Dec 19, 2024 · In its fiscal second quarter earnings announcement issued earlier today, Memphis-based global freight transportation and logistics services provider FedEx said that the company’s Board of Directors, following a review of the role of its less-than-truckload (LTL) subsidiary, FedEx Freight, in its portfolio, has elected to make a push to fully separate the unit into a new publicly-traded company.
Global Logistics: Challenges in our changing world
What a year. The COVID-19 pandemic set in and made a massive impact on global trade and amplified existing logistics challenges around the world; lockdowns triggered rapid growth in e-commerce, putting additional strain on already strained freight networks; and a last-minute Brexit deal was finally reached following a few chaotic weeks at the UK border.
FedEx opens up new automated facility at its Memphis World Hub
Nov 6, 2024 · FedEx said that this LEED-certified facility is comprised of 1.3 million square-feel (MSF) across four levels, with 11 miles of conveyor belt, a space dedicated to moving bulky, non-conveyable shipments, and sort 56,000 packages per hour.
2024 State of Freight Forwarders: What’s next is happening now
Meanwhile, the industry is still feeling the effects of the surge in mergers and acquisitions. “It shows no sign of abating in 2024,” reports Sai Kiran Baliji, lead analyst of logistics research at Mordor Intelligence Analysts. With e-commerce gaining momentum and a rising influx of small and medium-sized enterprises (SMEs) entering the …
Global Labor Rates: China is no longer a low-cost country
The race to manufacture and source products in China started in the late 1990s and continued for two decades.. As China ascended to the World Trade Association in 2001, accessibility of this low-cost labor and low-cost operations country looked very attractive to global manufacturers, and many companies set up factories in China or began sourcing Chinese parts and products.