Logistics

The administration of President Joe Biden wants the global supply chain of the future to look markedly different. In February, President Biden issued the Executive Order on America's Supply Chains, initiating a 100-day risk assessment to determine strengths and weaknesses of supply chains across...

Siloed technology can hold back e-commerce sellers, resulting in inefficiency and time-consuming cross-department communication breakdowns. Whitebox, an e-commerce management platform, has released a new business intelligence tool, Omnifi, that is designed to streamline these processes. Omnifi...

UPS Inc. (NYSE: UPS) — like many shipping and delivery companies — has a goal to reach net-zero emissions by 2050, including scope 1, scope 2 and scope 3 emissions.  But how will UPS get there? At an investor and analyst conference Wednesday, UPS shared some medium-term environmental, social and...

An industry group focused on international trade is warning that air and rail freight transportation could be negatively impacted if tensions escalate between Western allies and Belarus over the forced landing of a passenger jet and the arrest of a dissident journalist last month. Airline...

NextNav, whose primary product is a next-generation GPS system that provides far more spatial data than a standard system, such as where in a building an item is located, is going public through a merger with a special purpose acquisition company.  The SPAC is Spartacus Acquisition Co., and the...

With consumer prices creeping higher as shortages plague almost every industry from manufacturing to grocery stores, many people are wondering if economic relief is on the way.  On this episode of Freightonomics, Anthony Smith and Zach Strickland look upstream to source some relief but are...

Data released Friday from Cass Information Systems (NASDAQ: CASS) shows the freight industry advanced at a blistering pace during May. The Cass Freight Index logged the highest-ever growth rates in the shipments and expenditures components of the dataset's more than 30-year history. The May report...

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The age of e-commerce has simplified many business processes, while also increasing their sophistication. This is definitely the case when it comes to product...

Three weeks before new security rules go into effect for all export cargo moving by air, the Transportation Security Administration has finalized plans giving businesses the ability to opt out of screening every shipment prior to loading if their facilities have approved security controls. The air...

LIT started trading Friday morning on the NASDAQ Friday morning, Logistics Innovation Technologies Corp., a newly listed special acquisition company (SPAC), began trading on the NASDAQ under the ticker LITTU. The blank check company exists solely for the purpose of finding a private company to...

The Port of Los Angeles on Thursday became the first port in the Western Hemisphere to process 10 million container units in a 12-month period. LA Mayor Eric Garcetti, longshore labor leaders and port officials were among those gathered at the Fenix Marine Services Terminal to watch as the 10...

Just days before a critical hearing before the Subcommittee on Coast Guard and Maritime Transportation about the crisis facing American importers, the Agriculture Transportation Coalition (AgTC) has submitted three legislative proposals to enforce the carriage of trade and excessive penalties U.S....

Former Surface Transportation Board (STB) Vice Chairman William Clyburn Jr. is urging the current board to approve the proposed voting trust that Canadian railway CN (NYSE: CNI) plans to form as part of the process to acquire Kansas City Southern (NYSE: KSU). CN and Kansas City Southern (KCS) say...

Trucks Venture Capital announced it has launched two funds to make transportation safer, cleaner and more inclusive. Trucks Venture Fund 2 (TVF2), its new core fund, recently closed on $52,525,252, an amount based on an infatuation with repeating numbers. The fund is backed by seven large global...

This is an excerpt from Monday's (6/7) Point of Sale retail supply chain newsletter sponsored by ArcBest. Off-price retailers typically weather economic downturns with relative ease. In good economies, loyal shoppers of off-pricers like T.J. Maxx, Ross Stores and Burlington have the wherewithal...