Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
GXO raises 2026 outlook, dismisses Amazon logistics threat
GXO Logistics reported stronger-than-expected first-quarter earnings Tuesday, driven by growth in aerospace, defense and technology logistics contracts, while executives pushed back against concerns that Amazon's newly expanded supply chain…
What Amazon Supply Chain Services Means for Logistics - TT
Amazon's announcement is seen as an extension of the company's core focus and strategy in final-mile delivery, according to one transportation analyst. (Michael Nagle/Bloomberg) Amazon launched Supply Chain Services to offer freight, fulfillment…
Truck rentals in April stay firm amid stable logistics activity: Shriram Mobility Bulletin
India's mobility and logistics sector witnessed relatively stable trucking activity during April, following the strong momentum seen at the close of the financial year. Truck rentals across key trunk routes remained firm, with marginal…
UBS Group AG Grows Stake in GXO Logistics, Inc. $GXO
UBS Group AG raised its stake in GXO Logistics, Inc. (NYSE:GXO - Free Report) by 25.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,018,649…
GXO Isn't Sweating Amazon. Here's Why.
GXO is welcoming the competition from Amazon as the e-commerce giant directly takes on the logistics industry. The contract logistics provider raised its full-year adjusted earnings guidance upon releasing its first quarter earnings report, which…
Universal Logistics Stock Plunged on Amazon's Trucking News. Its 3.4% Dividend Could Make the Dip Worth Buying.
The third-party transportation logistics provider Universal Logistics Holdings (ULH) walked straight into a storm when Amazon.com (AMZN) decided to play in its backyard. On May 4, Amazon launched Amazon Supply Chain Services and cracked open its…
This driverless Chinese mining truck is giant, agile, and shows the industrial future of AI
If you thought that embodied AI was all about humanoids and robotic good boys, allow me to introduce you to the Shuanglin K7. Equipped with a Level 4 driving brain that allows it to operate with no human intervention, this massive robot on four…
How Logistics Management Software Helps Firefighter Well-Being
The well-being of firefighters is improved when pen and paper are taken out of the equation for apparatus and equipment checks. Written apparatus and equipment checks and other logistics management efforts make it difficult for fire departments to…
Supply Chain Intelligence Firm Secures Funding for Predictive AI
A South Korean supply chain intelligence company said it has recently secured additional funding, a financial boost it would use to advance its predictive AI. Willog, founded in 2021, said in a statement it secured a Series B-2 investment from…
Did Amazon Just Give This Logisitcs Stock a No-Brainer Buying Opportunity?
Amazon (AMZN +0.53%) set off a panic in the supply chain industry on Monday when it announced its new supply chain services business. Essentially, the company is opening up its logistics infrastructure, which powers its e-commerce business, to…
Investindustrial to form Italian mechatronics hub; Cinven plays in smart logistics with Ongoing Warehouse; Hypax buys non-ferrous metals business
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LG CNS unveils PhysicalWorks to accelerate industrial robot deployment
LG CNS unveiled PhysicalWorks on Thursday, an integrated robot transformation platform that cuts industrial robot deployment times from several months to one or two months, as the company escalates its push into physical artificial intelligence…
Government needs to act on Middle East impact on retail, industry warns
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Retailers braced for the effects of the Middle East…
Baggage bots: Chinese humanoids clock on at Japanese airports amid labour crunch
China-made humanoid robots are beginning to gain traction in Japan, with models from Chinese firms Unitree and UBTech being deployed by Japan Airlines for baggage and cargo handling, highlighting the growing adoption of Chinese robotics technology…
Philippines urges ASEAN to boost crisis coordination
CEBU, Philippines — The Philippines' foreign minister on Thursday told Southeast Asian ministers the ASEAN bloc needs to strengthen its crisis coordination, as the region reels from the economic fallout of the Middle East conflict.
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