Logistics
Freight forwarder Yusen Logistics Co. Ltd. said it has reached an agreement for sustainable shipping solutions through liner shipper Ocean Network Express’ ONE LEAF+ green shipping service.Under this agreement, ONE will use sustainable biofuels for propulsion, achieving up to 84 percent reduction in well-to-wake CO2 emissions compared to very low sulfur fuel oil, or VLSFO. The green shipping option will enable Yusen Logistics to simultaneously reduce their Scope 3 greenhouse ...
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News of a possible “reset” in the EU-UK Trade and Cooperation Agreement, due for review in 2026, could raise unrealistic expectations, the British International Freight Association said Feb. 19.Calling “the use of ‘reset’ is regrettable,” BIFA said preparatory work will be undertaken this year in ...
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Nearly half of shippers see shifting tariffs and trade policies as the top risks to supply chains in 2025, according to a survey from global logistics provider C.H. Robinson.Survey results also show shippers are actively preparing for changes in tariffs and trade policy, including analyzing ...
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A recent DHL Global Forwarding white paper highlights the importance of multi-shoring strategies to help companies safeguard their supply chains against global disruptions while strengthening their operational flexibility.
The ocean and air freight division of DHL Group, in China Plus X: The New Global Supply ...
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Warehousing costs are estimated to account for 13 percent of the total supply chain expenses, while last-mile delivery holds the largest share at 41 percent of supply chain costs, according to ITS Logistics.In its first quarter U.S. Distribution and Fulfillment Index, ITS Logistics’ Producer Price ...
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DHL Supply Chain said it will become North America’s largest provider of reverse logistics solutions through acquiring Inmar Supply Chain Solutions, a returns solutions provider for the retail e-commerce industry.The acquisition will result in 14 return centers and around 800 associates joining the DHL Supply ...
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Ocean Network Express and LX Pantos have formed a joint venture, Boxlinks LLC, to provide end-to-end domestic intermodal transportation services.This strategic partnership will leverage the combined strengths of ONE and LX Pantos and use the companies’ partnerships with major rail carriers and trucking companies to ...
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JB Hunt Transport Services’ Q4 Results Mixed
J.B. Hunt Transport Services Inc. reported fourth quarter net income of US$155.5 million, compared to net earnings of US$153.5 million in the fourth quarter 2023.Operating revenue for the Lowell, Arkansas-based intermodal service provider was US$3.15 billion in the fourth ...
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Sean Duffy was confirmed Jan. 28 as U.S. Transportation Secretary, who has been tapped by President Donald Trump to cut transportation regulations and address the nation’s infrastructure, AP reported.A former Wisconsin congressman and reality TV star, Duffy, 53, garnered bipartisan approval, with a 77-22 Senate ...
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Trailer Bridge Inc. said it has been selected by the Naval Supply Systems Command for a five-year, multi-award, indefinite-delivery/indefinite-quantity contract for the U.S. military.
Trailer Bridge is one of 86 companies worldwide awarded the contract for the Worldwide Expeditionary Multiple Award Contract 2.0. WEXMAC 2.0 ...
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