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Rising diesel costs are eating into freight company budgets, as 52% of U.S. transport and shipping companies now spend 20% or more of their monthly operating budget on fuel costs, according to a report from Nevada-based technology consulting firm Tech.co.And some of those companies spend even more. The study found...
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Published on 2025-08-11
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DC Velocity
Warehouse automation equipment provider Hai Robotics today named Adrian Stoch as CEO Americas, picking an executive from the third party logistics firm (3PL) GXO to expand its U.S. leadership team in response to growing regional demand.According to Hai, the appointment comes as the Chinese company accelerates its sales of automated...
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Published on 2025-08-11
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DC Velocity
Carriers and brokers are showing resilience as they navigate a challenging freight market reeling from uncertainty in both demand and pricing, according to surveys conducted by truckstop.com and Bloomberg Intelligence.“Many carriers and brokers remained optimistic through the first half of 2025 despite facing difficulties,” said Todd Markusic, Customer Insights Manager...
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Published on 2025-08-08
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DC Velocity
As new tariffs this week put pressure on international trade, import cargo volume at the nation’s major container ports is tentatively expected to end 2025 5.6% below 2024’s volume, according to the Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates.“While this forecast is...
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Published on 2025-08-08
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DC Velocity
Three logistics firms this week said they had merged into a single unit to meet the shipping needs of businesses of all sizes, as FirstMile, ACI Logistix, and Sendle will now operate under the unified leadership of FAST Group, a Philippines-based private equity firm.While FAST Group will be headquartered in...
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Published on 2025-08-08
Source:
DC Velocity
This story first appeared in the July/August issue of Supply Chain Xchange, a journal of thought leadership for the supply chain management profession and a sister publication to AGiLE Business Media & Events’ DC Velocity.Despite transportation and logistics’ (T&L) critical role in global commerce, the industry has long struggled with...
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Published on 2025-08-06
Source:
DC Velocity
With millions of testing miles under the hood, autonomous vehicles are expected to see much wider adoption within the next few years.Waymo, owned by Google parent Alphabet, recently introduced autonomous taxi service in Los Angeles. Amazon’s Zoox is set to launch its four-passenger driverless taxi service later this year in...
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Published on 2025-08-06
Source:
DC Velocity
Doug Schuchart knows a good company when he sees it. Schuchart joined automated equipment manufacturer Beckhoff USA in 2007 as a regional sales engineer and has been there ever since. Today, he serves as the company’s global intralogistics industry manager, where he leads business development efforts worldwide and works with...
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Published on 2025-08-06
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DC Velocity
Automated storage and retrieval systems (AS/RS) have long helped companies save floor space, improve working conditions, and boost productivity in the warehouse. But they typically require big infrastructure investments that make sense only for the largest companies with the deepest pockets.But that situation is changing. Technology is advancing rapidly, and...
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Published on 2025-08-05
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DC Velocity
Adoption of zero-emission trucks continued at a steady clip in 2024, and although headwinds have emerged this year, industry experts say they expect continued momentum over the long term—particularly in the warehouse yard, which they say is the ideal application for the technology, especially the battery-electric variety.“Right now, about one...
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Published on 2025-08-05
Source:
DC Velocity
Economic activity expanded across the logistics industry in July, driven by strong activity among middle-mile firms that are bearing the brunt of efforts to stay ahead of trade-related uncertainties, according to the latest Logistics Managers’ Index (LMI) report, released today.The LMI registered 59.2 in July, down from June’s reading of...
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Published on 2025-08-05
Source:
DC Velocity
The beleaguered U.S. truck freight market showed signs of recovery in the second quarter of 2025, with national shipment volumes rising 2.4% and spending increasing 1.2% from the previous quarter, according to the latest U.S. Bank Freight Payment Index.This marks the first quarter-to-quarter gain in both metrics in three years....
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Published on 2025-08-05
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DC Velocity
Preliminary net orders for North American (N.A.) Class 8 trucks/tractors in July posted their seventh consecutive year-over-year decrease, sinking 7% compared to the same month in 2024 despite a 42% rise over last month, according to FTR.At 12,700, orders remained notably below July's 10-year average of 19,974 units, underscoring persistent...
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Published on 2025-08-05
Source:
DC Velocity
The e-commerce retailer and logistics provider Amazon last week broke ground on a 930,000-square-foot logistics facility in Little Rock, Arkansas, that will help improve delivery speeds for customers and boost local economic growth when it becomes operational by 2027, the company said.Seattle-based Amazon said the site would also create hundreds...
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Published on 2025-08-05
Source:
DC Velocity
Logistics industry group the Material Handling Equipment Distributors Association (MHEDA) today named a new CEO to replace outgoing leader Jeannette Walker, tapping Lauren Reed, an executive from warehousing consulting firm Storage Solutions, a Jungheinrich Company.The move comes after Walker announced in June that she would leave MHEDA’s top post after...
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Published on 2025-08-04
Source:
DC Velocity
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