Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hyundai Glovis steps up US logistics network with new hubs in LA, Savannah
Hyundai Glovis is ramping up its logistics presence across the US by opening major new facilities on both the East and West Coasts as it seeks to bolster its supply chain competitiveness amid changing market conditions. The logistics arm of Hyundai…
BMO Capital Markets Downgrades Chemtrade Logistics Income Fund (TSE:CHE.UN) to Market Perform
Chemtrade Logistics Income Fund (TSE:CHE.UN - Get Free Report) was downgraded by analysts at BMO Capital Markets from an 'outperform' rating to a 'market perform' rating in a research report issued to clients and investors on Wednesday…
Comedian Fortune Feimster talks laughs, logistics ahead of stop in San Antonio
When you're in high demand, it's no surprise when your schedule gets chaotic. That's what comedian and actress Fortune Feimster (Zootopia 2) has been navigating for the past couple of years. Along with her stand-up performances across the globe…
Watches and Wonders 2026: travel disruptions and glittering debuts
While it's too soon to assess the impact of the Middle East conflict on luxury watch sales, the Iran war has already wreaked havoc on the logistics of an industry that heavily relies on the free flow of goods and people. One of the hottest topics…
Exclusive: Consulting Giant BCG Picks New Head of North America
Boston Consulting Group named a new head of North America, selecting a longtime senior partner to guide operations in the firm's biggest market as it embraces artificial intelligence in much of its work. Mel Wolfgang, who works from the firm's…
Chase Elliott on his 'Back to the Future' thoughts and why he prefers to stay private: 12 Questions
Each week, The Athletic asks the same 12 questions to a different race car driver. Up next: Hendrick Motorsports driver Chase Elliott, NASCAR's eight-time Most Popular Driver Award winner, who recently won the Martinsville Speedway race. This…
Aussie truckies share urgent warning industry faces imminent wipeout
Truckies fear they won't survive the next six months READ MORE: Aussie state considers building its own fuel reserves Australian truck drivers say they won't survive the next six months if the current fuel crisis continues, and for some, their…
How Spotlite is Rewriting the Rules of the Modeling Industry
In an industry long defined by opaque contracts, vanishing paychecks, and the “wild west” of social media casting, Benjamin A. Hori is drawing a line in the sand. As the chief strategy officer and co-founder of Spotlite, Hori isn't…
FedEx Freight Launching New CRM to Chase Market Share Goals - TT
Some legacy applications will remain, but the company plans to rapidly update existing software with AI capabilities. (Ceri Breeze/Getty Images) FedEx Freight will deploy a new CRM by its June 1 spinoff as it becomes a stand-alone LTL carrier…
Memory Crunch and Iran War Lead Phone Market Decline, IDC Says
The global smartphone market suffered its first decline since 2023 in the first quarter of this year, according to market tracker IDC, with the memory chip supply crunch and war in Iran likely to elevate costs and constrain growth further. Apple…
Echo Opens Sacramento Site to Grow Refrigerated LTL Network - TT
Chicago-based Echo aims to improve services for customers in the Pacific Northwest, Northern California and the upper mountain states. (Echgo Global Logistics) Echo Global Logistics opened a new EchoChill facility in Sacramento, Calif., expanding…
'New Normal' Fuel Costs Unlock Pricing Power Across Parcel and Trucking
Skyrocketing fuel prices in March are putting pressure on trucking and parcel shipping environments, but both industries are benefiting by wielding more pricing power. According to a quarterly analysis from transportation cost management and…
Small trucking firms file wave of bankruptcies across U.S.
A string of small trucking and logistics companies across the U.S. have filed for bankruptcy protection in recent weeks, underscoring continued financial pressure on smaller carriers as freight demand remains uneven and costs stay elevated. The…
How Sudan's Economic Collapse Creates an Opening for China
Sudan's prolonged civil war is a humanitarian disaster that's left 400,000 people dead and 11 million displaced. The conflict has crippled the country's economy, leaving some questioning the long-term viability of the state. This has created an…
Samsung SDS shares jump 20% on KKR partnership and $820 million bond purchase
Samsung SDS shares surged after KKR agreed to buy $820 million in convertible bonds. The deal backed Samsung SDS' push into AI infrastructure and overseas expansion. KKR took an advisory role on strategy, including acquisitions and capital…
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