Tech buildout will be key to growth at FedEx Freight: CEO Smith
As it becomes a standalone company, the largest US LTL provider seeks to leapfrog legacy technologies that are focused more on packages and parcels.
As it becomes a standalone company, the largest US LTL provider seeks to leapfrog legacy technologies that are focused more on packages and parcels.
A roundtable discussion of industry experts hosted by the Journal of Commerce saw agreement that demand fundamentals remain strong, but beneath the positive outlook lies growing concerns.
The lawn and garden care brand’s broader use of Kinaxis technology aims to unify planning, decision-making and execution into a single platform.
Fewer surcharges are among the tactics the service is using to gain market share after opening to all businesses earlier this year, experts said.
Sources in India told the Journal of Commerce ONE has agreed to charter about 500 TEUs of slot space per week on Hapag-operated ships working the trade lane.
The automaker won’t yet say what portion of U.S.-bound Tacoma production will shift from Mexico after expanding the San Antonio factory.
The $6 million influx into UK-based artificial intelligence technology provider Nexcade comes as the cost of building AI tools is likely to rise in the coming years.
Global air freight spot rates were up 38% year over year in June, but the pace of growth is slowing, Xeneta reported.
But this month will be the end of an early peak season that began in May and increased in intensity, according to the Global Port Tracker, with imports for August through November expected to be lower year over year.
The modest growth in domestic volumes the market has seen this year to date should be well within the sector’s capabilities to handle, but it’s far too soon to “declare victory,” writes Larry Gross.