Feature
German container shipping line Hapag-Lloyd reported first quarter first quarter earnings up 17 percent, while forecasting lower earnings expectations for 2025.
Operating profit jumped 24 percent, to US$500 million in the first quarter, while revenue rose nearly 19 percent to US$5.1 billion. Strong demand pushed transport volume and average freight rates up 9 percent to 3.3 million TEUs carried and US$1,480 per TEU, respectively.
It was the third-best operating result in company ...
[+]
Despite escalating tariffs, labor shortages and digital disruption, supply chain leaders are betting big on GenAI. Yet, a new report reveals that many organizations are still struggling to convert investment into impact.
Logility, an AI-driven supply chain management leader, recently released its Supply Chain Horizons 2025 ...
[+]
The U.S. Chamber of Commerce on April 23 said it has hired 15-year Capitol Hill veteran Doug Andres as vice president of political communications.
Andres held senior communications roles for top party leaders in the House and Senate, most recently serving as national press secretary for ...
[+]
Retail sales in March snapped a two-month series of declines, but those gains were moderate, as consumers continued to anguish over rising tariffs, according to the CNBC/NRF Retail Monitor, the National Retail Federation said April 14.
The improved spending “came before the president’s ‘Liberation Day’ tariff ...
[+]
TT Club, the international freight transport insurer, is raising awareness the increasing prevalence of credit fraud over the last 12 months.
Fraudulent strategies can be extremely lucrative for international criminals and the global supply chain is typically low-risk due to the remote nature of the actual ...
[+]
C.H. Robinson has performed more than 3 million shipping tasks with its fleet of generative artificial intelligence agents, proprietary tech tools the global logistics provider has built to automate steps across the lifecycle of a shipment and reduce customers’ speed-to-market from hours to seconds.
“That’s 3 ...
[+]
Countries in the United Nations’ International Maritime Organization struck a deal April 11 in London on a global fuel emission standard for the maritime sector that will wield a stick against violators and a carrot for vessels burning cleaner fuels, Reuters reported.
A majority of countries ...
[+]
A Senate bill was reintroduced April 10 that would establish a “unified, federal response” to the rampant spread of cargo theft by criminals who often operate across state and international borders.
The Combating Organized Retail Crime Act, reintroduced by Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) ...
[+]
RoadOne IntermodaLogistics said April 8 it has made strategic hires in its senior leadership team, which it said is positioning itself for strategic growth.
The intermodal logistics provider made hires across key areas including finance, operations, warehousing, pricing, sales and marketing, to position itself for significant ...
[+]
New logistics software provider Emerger on April 8 announced the launch of an all-in-one cloud-based project logistics software platform to empower logistics professionals to save time, increase productivity, and reduce operational cost.
Emerger utilizes technology to streamline communication and transactions between shippers and logistics service providers ...
[+]
« Back
More »
