logistics
UPS Establishes $3 Billion Cost-Savings Plan, Will Close 200 Facilities
The network consolidation is designed to flow more volume into automated warehouses, and will likely lead to…
Ancora Lays Out 3-Year Plan for Norfolk Southern Ahead of Board Vote
The activist investor wants to cut the rail company's operating ratio from 67.4 percent of revenue to 57…
Report: Safeguarding Supply Chains With Diversified Sourcing Maps and Shipping Strategies
Four years after the pandemic forced companies to pivot, the industry remains focused on disruption-proofing…
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One-Quarter of Logistics Firms Projected to Use AI for KPIs by 2028
Gartner projects 25 percent of logistics companies could be using generative AI to help with key performance…
Macy’s to Downsize Fulfillment Operations in $235M Cost Cut
The retailer has not disclosed how many DCs it will close, but plans to save costs by increasing automation…
Walmart Rolls Out AI-Driven Route Optimization Software to Third Parties
Route Optimization considers traffic conditions, vehicle capacities and customer locations to generate…
Inside Inditex’s $2 Billion Logistics Expansion
Zara's parent plans on building three new distribution centers and expand another one of its facilities over…
Union Coalition: Replacing Norfolk Southern CEO Would be ‘A Tremendous Mistake’
Transportation Trades Department head Greg Regan says activist investor Ancora's short-term focus will hurt…
Byte-Sized AI: ThredUp Talks AI in Earnings; Shopify Gets a New Partner; DB Schenker Pilots More Robots
Virtual try-on for menswear comes to life; warehouse robots continue to be all the rage; fashion design…
DHL CEO: ‘Weak Global Trade’ Responsible for Slow Start to 2024
The logistics giant expects a decline in first half EBIT that will only balance out in the second half if…
Slync’s IP, Tech Assets Acquired Out of Bankruptcy
The logistics orchestration technology will get a second wind under supply chain consulting and solutions…
Ceva Won’t Raise Offer for Wincanton, Ending Bidding War With GXO
Ceva's parent, ocean carrier CMA CGM, is partnering with Nike to help the athleticwear maker reduce their CO2…
Norfolk Southern Train Derailment Puts More Pressure on Proxy Fight
"How can anyone defend this?" activist investor Ancora said of the wreck, which came 13 months after the…
Wincanton Board Unanimously Recommends GXO’s $965M Bid
Third-party logistics (3PL) provider Ceva Logistics now has until March 6 to up its bid for the second time.
European Parliament ‘Bans’ Amazon Lobbyists
The Everything Store was accused of refusing to engage in hearings about warehouse conditions.