Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Kuehne + Nagel Cuts Over 2,000 Jobs Amid Logistics Capacity Glut
Kuehne + Nagel International AG plans to cut more than 2,000 jobs, as it tackles a glut of capacity in the transportation market, even as the war on Iran makes the global cargo outlook more unpredictable. The Swiss logistics services provider plans…
CJ Logistics delivers two KAI T-50i jets to Indonesia
CJ Logistics has successfully transported two T-50i advanced trainer jets manufactured by Korea Aerospace Industries (KAI) to Indonesia, demonstrating its capability in handling military equipment requiring the highest levels of security and…
Thoma Bravo to acquire logistics firm WWEX Group
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GXO Logistics, Inc. (NYSE:GXO) Short Interest Down 16.1% in February
GXO Logistics, Inc. (NYSE:GXO - Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 5,470,338 shares, a drop of 16.1% from the January 29th…
Short Interest in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) Decreases By 15.7%
Radiant Logistics, Inc. (NYSEAMERICAN:RLGT - Get Free Report) was the target of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 502,218 shares, a decrease of 15.7% from the January 29th…
JPMorgan Chase & Co. Has $19.05 Million Stock Holdings in GXO Logistics, Inc. $GXO
JPMorgan Chase & Co. cut its position in shares of GXO Logistics, Inc. (NYSE:GXO - Free Report) by 4.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned…
How insight gamified AI
Working in tech, I learned that technology alone doesn't spark transformation. The people do. And people approach new technologies in wildly different ways. To be successful, companies need to adapt to that line of thinking, just like companies…
JPMorgan Chase & Co. Increases Stock Position in Delek Logistics Partners, L.P. $DKL
JPMorgan Chase & Co. increased its position in Delek Logistics Partners, L.P. (NYSE:DKL - Free Report) by 30.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 426,966 shares…
Thousands of cruise passengers are trapped in Gulf ports
Thousands of cruise line passengers are trapped in ports in the Gulf due to the war in the Middle East. They and crews are unable to leave the ships, which have become floating hotels, due to the escalating hostilities. At least six ships from big…
SPIE signs an agreement for the acquisition of ROFA Industrial Automation AG in Germany
SPIE signs an agreement for the acquisition of ROFA Industrial Automation AG in Germany Leading player in highly attractive industrial automation, conveyor systems and intralogistics markets Diversified client portfolio and cross-selling…
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Rapido launches Ownly food app in Bengaluru with latest campaign
Rapido has officially launched Ownly, its standalone food delivery platform, in Bengaluru. The move follows the company's announcement last year about entering the segment with an alternative pricing model for restaurants. Ownly operates on what it…
Auto & Transport Roundup: Market Talk
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0858 GMT – Higher oil prices could lift integrated and upstream-focused oil and gas producers in…
Iran-U.S. war chokes key shipping lane and threatens global cargo industry
Listen to this article with a free account The war in Iran is choking off a key shipping route in the global supply chain, potentially leading to massive delays in the flow of goods to American consumers. The Strait of Hormuz, a narrow waterway…
Michael Jenicek of Move Forward LLC Announces Future Plans to Expand Fleet
Through his company Move Forward LLC, Michael is helping people to move with confidence. The team at Move Forward LLC provides a white-glove level of service while maintaining honest, transparent rates. To this end, they do not broker or…
Spy agency launches 24-hr emergency response team in response to Middle East crisis
The National Intelligence Service (NIS) has launched an around-the-clock emergency response team to monitor developments in the Middle East following U.S.-Israeli strikes against Iran and assist with the safe evacuation of nationals from the…
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