logistics
Logistics Sector Job Cuts Impacting Performance
Seventy-six percent of logistics leaders say they see notable workforce shortages in their operations…
Forward Air CEO Out Following Messy Merger
Weeks after the firm agreed to the acquisition of Omni Logistics, Forward Air is on the hunt for a new chief…
Could Rising Transportation Prices Signal the End of ‘Freight Recession’?
Transportation Prices grew 12.7 points into expansion territory, according to January survey data from the…
WWD Recommends
DHL Supply Chain’s Sally Miller on the State of Robotics, Sustainability and Gen AI
"Five years ago, the customer would ask me questions that are much different than today," DHL Supply Chain…
Cargo Theft Has Nearly Doubled Since 2019
Cargo theft accelerated at a rapid pace in 2023, and the logistics industry should expect more of the same in…
Activists Gunning for Control of Norfolk Southern and Ouster of CEO
Activist investors led by Ancora Holdings are pushing for a board overhaul at Norfolk Southern, as well as…
Spate of Logistics Acquisitions Could Set Tone for 2024 M&A
As Forward Air and Omni Logistics finally closed on a long-awaited merger, Ryder System and AIT Worldwide…
3PLs Penske Logistics, Kenco Lay Off Combined 300
Despite the layoffs, transportation and warehousing add 15,500 jobs in January, says a new jobs report from…
Former Slync CEO Convicted of Defrauding Investors
Co-founder Christopher Kirchner is facing a maximum of 150 years in prison after being found guilty of wire…
UPS Lays Off 12,000: ‘We Don’t Expect These Jobs to Come Back’
As part of a $1 billion cost-cutting plan, UPS is exploring strategic alternatives for its freight brokerage…
Last-mile Delivery Provider Veho Lays Off 19% of Corporate Employees
Although revenue reportedly doubled from 2022, Veho is yet another logistics tech company making staff cuts.
Flexport to Slash 20 Percent of Staff—Again
Days after announcing a $260-million investment from Shopify, the freight forwarder is headed for mass…
Fruit of the Loom to Layoff 119 Workers as S.C. Distribution Center Closes
The decision, announced this week through a WARN notice, will impact 119 jobs.
Forward Air, Omni Logistics See ‘Writing on the Wall,’ Amend Merger
Both logistics companies have agreed to settle their litigation against one another, targeting to complete…
CMA CGM Bolsters UK Logistics Foothold with $718M Acquisition
The ocean carrier's Ceva Logistics 3PL unit is acquiring Wincanton, which provides logistics services for…