Logistics
North American supply chain solution provider J.B. Hunt Transport Inc. and UP.Labs have established the Logistics Venture Lab, to explore innovation in transportation and mobility.The logistics and freight-focused lab aims to launch as many as six startups over the next three years to solve core strategic challenges within the industry. J.B. Hunt represents UP.Labs’ fourth corporate partnership, following collaborations with Porsche AG, Alaska Airlines and an undisclosed retail corporate partner.“Through ...
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C.H. Robinson has created technology that reads incoming email then automates tasks a person would do across the entire lifecycle of a freight shipment: from price quote, to accepting a load, to setting appointments for pickup and delivery, to checking on the load in transit.The ...
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U.S. Transportation Command, or USTRANSCOM, has awarded Trailer Bridge Inc. a stevedoring and terminal services contract for Danish ports, an indefinite-delivery/indefinite-quantity pact potentially worth more than US$60 million.Under the five-year single-source contract, Trailer Bridge will be responsible for providing all stevedoring and related terminal services ...
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J.B. Hunt Transport Services Inc. reported third quarter net earnings of US$152.1 million, down early 19 percent from US$187.4 million in the year-earlier period.Operating revenue slipped 3 percent in the latest quarter to $3.07 billion, which the Lowell, Arkansas-based motor carrier said was primarily driven ...
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Descartes Systems Group, a leading provider of on-demand, software-as-a-service solutions, said it has acquired Sellercloud, a provider of omnichannel ecommerce solutions.New-Jersey-based Sellercloud supports small and mid-market retailers, distributors, wholesalers, and manufacturers. Its Inventory Management Solutions and Order Management Solutions (IMS/OMS) help customers synchronize, plan and ...
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The National Retail Federation, a leading voice for the retail industry, forecasts winter holiday spending to grow 2.5 percent to 3.5 percent over 2023, or US$979.5 billion to US$989 billion in total holiday spending in November and December, compared with US$955.6 billion in 2023.“The economy ...
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Hub Group Inc., the comprehensive transportation and logistics management solutions, said Oct. 8 said it has entered a joint venture with EASO, a family owned, Mexico City-based intermodal and trucking logistics provider.The joint venture will be the largest cross-border and intra-Mexico intermodal company, positioning Hub ...
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The U.S. Department of Commerce, in collaboration with the Council on Foreign Relations, or CFR, hosted its inaugural Supply Chain Summit on Sept. 10, bringing together leaders from government, industry, academia, and communities.The summit was intended to highlight efforts by the U.S. government and industry ...
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SANY America, the U.S. subsidiary of a leading global heavy equipment manufacturer, has launched operations at a near-port warehouse and distribution facility, two miles from the Port of Wilmington.The Industrial Realty Group facility provides SANY America with the capabilities and infrastructure, including cranes and internal, ...
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Belgium-based Aertssen Logistics has established a U.S. footprint with an international logistics site near the Port of Savannah.The equipment processing center in Rincon, Georgia, 14 miles from the Port of Savannah’s Garden City Terminal, will serve the machinery, agriculture, equipment and construction sectors moving cargo ...
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