Logistics News

The truck freight market continued to contract in the fourth quarter, closing out 2024 with further declines in shipments and spending, according to the latest U.S. Bank Freight Payment Index.By the numbers, fourth quarter shipment volume was down 4.7% compared to the prior quarter, while spending dropped 2.2%.Geographically, fourth-quarter shipment... Read more

Volvo Autonomous Solutions will form a strategic partnership with autonomous driving technology and generative AI provider Waabi to jointly develop and deploy autonomous trucks, with testing scheduled to begin later this year.The two companies said they will integrate Waabi's virtual driver system, the Waabi Driver, into the Volvo VNL Autonomous,... Read more

Businesses are scrambling today to insulate their supply chains from the impacts of a trade war being launched by the Trump Administration, which is planning to erect high tariff walls on Tuesday against goods imported from Canada, Mexico, and China.Tariffs are import taxes paid by American companies and collected by... Read more

Businesses dependent on ocean freight are facing shipping delays due to volatile conditions, as the global average trip for ocean shipments climbed to 68 days in the fourth quarter compared to 60 days for that same quarter a year ago, counting time elapsed from initial booking to clearing the gate... Read more

Manufacturing enterprises in North America are breaking with tradition to harness the power of artificial intelligence (AI) and machine learning (ML) as they seek to compete amid new technologies, consumer demands, and economic shifts, according to a report from the research and advisory firm Information Services Group (ISG).That changing landscape... Read more

Women are significantly underrepresented in the global transport sector workforce, comprising only 12% of transportation and storage workers worldwide as they face hurdles such as unfavorable workplace policies and significant gender gaps in operational, technical and leadership roles, a study from the World Bank Group shows.This underrepresentation limits diverse perspectives... Read more

The industrial real estate market saw a significant increase in leases of “mega distribution centers” measuring 1 million square feet or more in 2024, according to a report from CBRE analyzing last year’s 100 largest industrial & logistics leases.Occupiers signed leases for 49 such mega distribution centers last year, up... Read more

All flights remained grounded this morning at Washington, D.C.’s Reagan National Airport (DCA) following the deadly mid-air crash last night between a passenger jet and an Army helicopter.In a statement, DCA airport officials said they would open the facility again today for flights after planes were grounded for more than... Read more

Oh, you work in logistics, too? Then you’ve probably met my friends Truedi, Lumi, and Roger.No, you haven’t swapped business cards with those guys or eaten appetizers together at a trade-show social hour. But the chances are good that you’ve had conversations with them. That’s because they’re the online chatbots... Read more

With the hourglass dwindling before steep tariffs threatened by the new Trump Administration will impose new taxes on U.S. companies importing goods from abroad, organizations need to deploy strategies to handle those spiraling costs.American companies with far-flung supply chains have been hanging for weeks in a “wait-and-see” situation to learn... Read more

As a contract provider of warehousing, logistics, and supply chain solutions, Geodis often has to provide customized services for clients.That was the case recently when one of its customers asked Geodis to up its inventory monitoring game—specifically, to begin conducting quarterly cycle counts of the goods it stored at a... Read more

The less-than-truckload (LTL) industry moved closer to a revamped freight classification system this week, as the National Motor Freight Transportation Association (NMFTA) continued to spread the word about upcoming changes to the way it helps shippers and carriers determine delivery rates. The NMFTA will publish proposed changes to its National... Read more

Trade and transportation groups are congratulating Sean Duffy today for winning confirmation in a U.S. Senate vote to become the country’s next Secretary of Transportation.Duffy prevailed in a broad, 77-22 majority as the former Wisconsin Congressman moved through congressional committee hearings with few ripples compared to some of the more... Read more

With the new Trump Administration continuing to threaten steep tariffs on Mexico, Canada, and China as early as February 1, supply chain organizations preparing for that economic shock must be prepared to make strategic responses that go beyond either absorbing new costs or passing them on to customers, according to... Read more

Global logistics real estate rents drooped in 2024 as an overheated market reset after years of outperformance, according to a report from real estate giant Prologis.By the numbers, global logistics real estate rents declined by 5% last year as market conditions “normalized” after historic growth during the pandemic. After more... Read more