McCormick cites higher freight, input costs in lifting inflation forecast
The spice and seasoning maker is mitigating the impact through pricing and productivity measures, as well as the acquisition of a Mexico subsidiary.
The spice and seasoning maker is mitigating the impact through pricing and productivity measures, as well as the acquisition of a Mexico subsidiary.
Chevron CFO Eimear Bonner expects energy prices to stay elevated, while a major trucking CEO says contracts signed before diesel prices rose are hurting the bottom line.
The retailer’s site in Nampa will distribute inventory to 123 stores and includes a group that aims to “apply practical artificial intelligence to operational needs.”
The agreement ends weeks of intense negotiations and warning strikes that heavily disrupted container shipping operations across northern Germany.
More than half the carrier’s fleet is deployed on the trans-Pacific, where rates have been on a steep upwards trajectory since January.
Moralve is using Amazon Global Warehousing and Distribution for more effective product allocation in markets beyond the U.S., its CEO said.
The need for new services, multi-modal networks, and AI-driven technology is encouraging acquisitions across the logistics landscape.
The CMA CGM subsidiary unveiled a new operating model Tuesday, which Patrick Moebel believes will create a simplified, more customer-centric organization and improve productivity.
For railroads and their intermodal partners, the question is what happens to truck-to-rail conversion when the largest truck broker gets larger and better at pricing truck capacity, writes Paul Tonsager.
The marketplace is among several shippers that will claim zero-emission trucking certificates to help cover added operational expenses for electric trucks.