Logistics Technology News

Shifting focus from acquisitions to profit-building, XPO works to convince investors it will succeed in the long-haul.

Damco has established three new global hubs to expand its Hub-in-Transit program.

Established logistics companies and brokers could partner with digital start-ups to speed the "evolution" of technology demanded by shippers, the CEO of Echo Global Logistics says.

There is plenty of innovation to be found on the technology side of logistics, and funding is up sharply this year.

Amazon now may be the world's largest 3PL, especially for small shippers, supply chain consultant Adrian Gonzalez tells SMC3 Connections 2016.

Can the notoriously complicated, not to mention technologically hidebound, freight forwarding industry be turned into a streamlined, digitally driven paragon of efficiency?

Major Japanese transportation and logistics companies are following in the footsteps of their corporate customers and rushing to strengthen their presence in Mexico.

“Importers and exporters need to work together. It’s a common bond we’re not using,” Dean Tracy, managing director of Global Integrated Services, told the annual Agriculture Transportation Coalition conference.

Several non-vessel-operating common carriers have detailed how much they will charge shippers to transmit verified gross mass declarations to marine terminals and container lines and what they will charge for weighing services to meet the SOLAS rule taking effect July 1.

Shippers, especially retailers, want better end-to-end visibility to better manage inventory, but they need to connect gaps in their supply chains.

Damco, the global logistics and freight forwarding group, Tuesday launched container weighing services.

Japanese logistics firm SG Holdings has secured two strategic business partners in Southeast Asia.

The Home Depot is moving its stores closer to consumers, digitally, if not literally.

The U.S. parcel giant expressed frustration, not only with the patchwork of guidance policies from individual nations, but from individual terminal operators as well.

Freight forwarder to charge more to customers that don't use company portal.

Kuehne + Nagel has chosen Inttra to help its clients comply with an international container weight regulation.

A move by Hitachi Transport System and SG Holdings to form a capital alliance could pave the way for the two major Japanese logistics companies to integrate their operations and become the country’s second-largest logistics company by sales.

UPS partners with SAP to bring 3-D printing to more manufacturing supply chains.

DB Schenker named a new CEO of its U.S. operations effective immediately.

FedEx Wednesday declared its offer for TNT Express unconditional.

The largest trade group representing drayage companies in the Port of New York and New Jersey has created its own web-based forum to connect truckers looking to make “street turns.”

Industry players from logistics service providers to container lines and air cargo airlines correctly see e-commerce as a trend that, more than any other, will drive change in traditional supply chain processes and have a transformational effect on the way goods are connected to consumers.

SingPost's focus on e-commerce pays off handsomely as its profit trajectory continues to head up in the first quarter.

Kintetsu World Express, a major international freight forwarder in Japan, experienced a sinking full-year net profit, even as its revenue soared.

DSV, the Danish trucking and logistics group, posted a slightly higher first-quarter operating profit despite losses incurred by UTi Worldwide.

Deutsche Post DHL hailed the “strongest quarter” in its history.

Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit surge by double-digits in 2015.

Japan’s major transportation and logistics companies are on a spending spree in Myanmar.

Damco profit jumped triple digits in the first quarter.

A slower economy has not necessarily driven less-than-truckload carriers off the road.

Allcargo Logistics, the parent of global non-vessel-operating common carrier ECU Line, plans to more than double annual revenue.

CEVA Logistics posted a positive performance in the first quarter despite tough market conditions.

Yusen Logistics Co.’s group net profit was shaped by an uneven performance across its business segments and geographic regions.

Gati Ltd., India’s leading express distribution and supply chain solutions provider, saw its group net income decline in fiscal year 2015 to 2016.

Deutsche Bahn, Germany’s state-owned railway, is pressing ahead with plans to list its DB Schenker logistics unit on the stock market.

C.H. Robinson Worldwide moved more goods in the U.S. by truck in the first quarter.

TNT Express narrowed its net loss in the first quarter to 14 million euros ($15.8 million) from 19 million euros a year ago as it prepares to be taken over by its larger U.S. rival FedEx.

Panalpina’s first-quarter profit dipped only slightly from a year ago as a market-beating performance in air cargo offset a sharp slump in ocean container traffic and a continued contraction in its key oil and gas business.

Kuehne + Nagel’s first-quarter earnings increased 10.5 percent as solid growth in container traffic offset a decline in air cargo traffic.