Month: June 2024

South Korea’s Hanwha Group has agreed to acquire Philly Shipyard from Norwegian owner Aker Capital for $100 million.

UPS announced it will sell its freight brokerage business, Coyote Logistics, to RXO for $1.025 billion.

Discover how ACR Systems from Hai Robotics revolutionize 3PL warehousing with flexible automation, addressing capacity constraints and labor shortages while enhancing operational efficiency and adaptability.

China has banned meat exports from Cool Port Oakland after detecting ractopamine in beef shipments.

A new study by J.J. Keller reveals that fleet managers’ top concerns in 2024 include driver safety, regulatory compliance, and managing expenses.

Jitsu, a last-mile delivery company, has opened a new sortation center in Detroit to better serve the growing population and demand in the area.

Malaysia is planning a $425 million AI-enhanced container port on the west coast of the Malay Peninsula.

The 2024 State of Logistics Report highlights the challenges logisticians face amid permanent volatility in supply chains.

Beginning next Monday, Maersk Air Cargo will introduce a new air cargo service connecting Chicago Rockford International Airport and Zhengzhou, China.

Industry experts weigh in on FedEx’s consolidation of its operating companies into a single unified organization.