Logistics
U.S. trucking companies were T-boned by US$165 billion in nuclear verdicts, or jury awards of more than $10 million, in 2023, according to a report from Marathon Strategies.Overall, U.S. juries ordered companies in 47 different industries to pay a nuclear verdict last year, in a report by Krystyna Shchedrina of Today’s Trucking. There were 89 cases with verdicts of more than US$10 million in the U.S., the highest in 15 ...
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Swift Navigation, a provider of positioning technologies, and CHC Navigation, a global navigation satellite systems, or GNSS, services provider, have joined forces .The partnership intends to integrate Swift’s Skylark Precise Positioning Service with CHC Navigation’s GNSS receivers, delivering reliable and cost-effective centimeter-accurate positioning to unlock ...
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Global logistics provider GEODIS announce its new strategic plan, Ambition 2027, to project the group into the future, while building on its achievements and continuing to focus on providing customers “innovative, sustainable and ethical logistics.”A continuation of the previous plan covering the period from 2018 ...
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Descartes Systems Group, the Canadian software-as-a-service solutions provider, report strong results for its fiscal third quarter ended Oct. 31, as it assimilates two acquisitions from the previous quarter.Revenue for the quarter ended Oct. 31, was US$168.8 million, up 3 percent from the third quarter of ...
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FIFA has selected critical logistics company Rock-it Cargo as the Official Logistics Provider of the FIFA World Cup 26, the tournament set to take place across 16 host cities in Canada, Mexico and the U.S., from June to 11 to July 19, 2026.Rock-it Cargo, a ...
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DHL Supply Chain is deploying a suite of generative artificial intelligence applications to enhance its data management and analytics capabilities, aiming to provide greater insights and direct value for customers.Developed with the support of Boston Consulting Group, DHL Supply Chain said its strategic initiative marks ...
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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 ...
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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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