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logistics

Layoffs at GXO, Coyote, Flexe Usher in 2024

GXO is closing a Memphis distribution center, while Dextrous Robotics shuttered operations after four years.

Next Wave in Retail Job Loss Could Be From This Sector

Transportation and warehousing shed 23,000 jobs in December. The outlook isn't looking any better.

Supply Chain’s Biggest Threat in 2024? Extreme Weather Disruption

A months-long drought at the Panama Canal is the latest example of how climate concerns snarl global supply…

Walmart, Shein Logistics Partner Eyeing 2026 IPO

IGH Holding Inc. also has distribution partnerships with retail giants including Target and TJX, and delivers…

A Look Back at a Turbulent Year in Logistics

The logistics sector endured layoffs, falling freight rates, Yellow's bankruptcy, canal congestion and…

Forward Air Divests Last-Mile Business to Hub Group for $262 Million

Already looking to get out of its $3.2 merger with Omni Logistics, Forward hopes the sale can help it shift…

Bah Humbug: Retail Facing a $82.1B Returns Problem

Logistics tech firm Optoro said the cost for a returned item is about 27 percent of the purchase price.

Chain Reaction: Anar Mammadov of Senpex on Slashing Shipping Costs

Senpex's Anar Mammadov discusses how the last-mile delivery company is helping its partners efficiently make…

‘Tremendous Outcome’: Yellow Gets Court Nod to Sell 130 Assets

The bankrupt behemoth still hopes to secure buyers for the 46 owned and 147 leased terminals remaining in its…

FedEx Fighting Contractor Lawsuit Over ‘Abusive’ Tactics

One attorney calls Pynq's RICO claims "a novel approach to attack the independent contractor relationship."

Yellow Rivals Purchase Properties at Bankruptcy Auction

XPO acquired 28 of the defunct trucking company's service centers for $870 million.

Container Demand Rebound Could be 18 Months Away

According to Container XChange, 43 percent of shippers and carriers expect low-profit freight rates to…

‘Intimidation Tactics’: Activist Investor Rips Omni Logistics With Forward Air Merger In Flux

Ancora Holdings says Omni has made "efforts to suppress opposition," and that its counsel has sent subpoenas…

UPS Unifies Supply Chain Tools in One Dashboard

The number of companies using UPS Supply Chain Symphony has tripled in 2023. The portal now tracks tracking…

Forward Air Countersues Omni Logistics, Wants Out of $3.2B Merger

"Forward Air has yet to provide any refutation of the strategic rationale of the planned combination," Omni…