Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Across the loom: Yarn, dyes, and logistics costs surge amid West Asia tensions
Production costs in the textile industry have risen sharply, driven by increases across key inputs, from yarn and chemical dyes to processing charges, amid tensions in West Asia. As many of the materials used across the textile chain, including…
Aussie's powerful message as drivers panic-buy fuel
Aussie slammed drivers for panic buying fuel She warned it could cripple logistics industry READ MORE: Aussies call for mandatory WFH orders as Middle East war rages An Aussie has warned drivers to stop panic-buying fuel as it could cause a…
Pangaea Logistics Solutions (NASDAQ:PANL) Upgraded to 'Buy' at Wall Street Zen
Pangaea Logistics Solutions (NASDAQ:PANL - Get Free Report) was upgraded by research analysts at Wall Street Zen from a 'hold' rating to a 'buy' rating in a research report issued on Sunday. Other equities research analysts have also recently…
Hudson Bay Capital Management LP Grows Stake in GXO Logistics, Inc. $GXO
Hudson Bay Capital Management LP increased its position in GXO Logistics, Inc. (NYSE:GXO - Free Report) by 115.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 109,071…
Major distribution units to be built on 80-acre plot of land
Two storage and distribution units are set to be built on a large 80-acre plot of land in Leicestershire. Real estate investor, Firethorn, has recently acquired an 80.3-acre logistics site in Stanton Lane, in Bardon, near Coalville. The site has…
Flying start for low-altitude economy goals as 100 drone projects proposed
Hong Kong authorities have received more than 100 applications for innovative drone usage to pioneer the city's “ low-altitude economy ”, with some pilot projects set to launch as early as in three months, the transport minister has…
Is MercadoLibre, Inc. (MELI) A Good Stock To Buy Now?
Is MELI a good stock to buy? We came across a bullish thesis on MercadoLibre, Inc. on Compounding Your Wealth's Substack by Sergey. In this article, we will summarize the bulls' thesis on MELI. MercadoLibre, Inc.'s share was trading at $1,732.33 as…
Feature: Ethiopia sees expanding e-bike market amid rising fuel price
by Xinhua writers Muluneh Gebre, Liu Fangqiang ADDIS ABABA, March 21 (Xinhua) -- Samuel Ababu, 22, is one of 100 electric bike riders working for Klik, a delivery company specializing in transporting food, groceries, medicines and parcels across…
HYDGEN dispatches industrial hydrogen generation skids to Surat's diamond industry
HYDGEN, a Mangaluru-based hydrogen technology company, flagged off eight modular industrial hydrogen generation skids from its facility in Mangaluru to Surat on Saturday. Each skid is a fully integrated, on-site hydrogen generation system…
'Going To Cripple Our Economy': Small Businesses Sound Alarm Over Record Diesel Price Spike
The latest AAA fuel data from across America shows that the national average diesel price at the pump has jumped nearly 40% this month, surpassing the 2022 fuel spike that followed Russia's invasion of Ukraine. Surging diesel prices are already…
Luxury Car Buyers Alert: BMW Group India announces price hike; Check here latest update | Dynamite News
BMW Group India will increase prices of its BMW and MINI cars by up to 2% starting April 1, 2026. The hike will impact both locally manufactured and imported models. The company cited rising input, logistics, and operational costs as the reason…
Canadian Pacific Kansas City (CP) Expands Room to Grow Program with 14 New Certified Sites
Canadian Pacific Kansas City Limited (NYSE: CP) is one of the best railroad stocks to buy according to analysts. On March 12, Canadian Pacific Kansas City Limited (NYSE:CP) said 14 new Site Ready rail-served industrial development locations had…
Cargo Ship Pyxis Pioneer, Carrying LPG From US Arrives At Mangalore Port Amid West Asia Tensions
Mangaluru: In a significant boost to India's energy supply chain, the cargo vessel Pyxis Pioneer arrived at the New Mangaluru Port on Sunday, carrying a large consignment of liquefied petroleum gas (LPG) from the United States. The vessel, which…
Amazon.com (AMZN) AWS Taps SailPoint to Develop Governance Solutions for AI Agents
Amazon.com, Inc. (NASDAQ: AMZN) is one of Harvard University's top AI stock picks. On March 6, Amazon.com, Inc. (NASDAQ:AMZN)'s cloud unit, Amazon Web Services, inked a new multiyear strategic agreement with Sailpoint, a leader in enterprise…
FedEx has started delivering 'promotion-ready' AI training to over 400,000 workers
FedEx has undertaken an AI literacy initiative across its close to half-a-million employees around the world. The company continues to introduce new AI capabilities from every end of the organization, like advanced digital tracking and returns…
Receive a Daily briefing on Logistics Industry News
Get Started