Logistics Industry News

A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

afr.com - Hannah Tattersall - Peter Gunn, truckie turned billionaire logistics titan, dies at 83
Peter Gunn, truckie turned billionaire logistics titan, dies at 83
Australian Financial Review

Peter Gunn, the Victorian truck driver who became a logistics industry pioneer after founding road transport business Cubico, has died aged 83. The Gunn family confirmed his death in Melbourne on February 26. Hannah Tattersall is the acting editor…

pymnts.com - PYMNTS - PayPal and TCS Blockchain Modernize Logistics Payments
PayPal and TCS Blockchain Modernize Logistics Payments
PYMNTS.com | Breaking News, Trends and Analysis

This solution will allow faster and cheaper settlement, the companies said in a Tuesday (March 3) press release. The solution will leverage TCS's solutions and the PayPal USD (PYUSD) stablecoin, according to the release. Utilizing blockchain and…

pehub.com - Iris Dorbian - Thoma Bravo to acquire logistics firm WWEX Group
Thoma Bravo to acquire logistics firm WWEX Group
PE Hub

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businessinsider.com - Alex Nicoll - Apollo CEO Marc Rowan predicts a private markets 'shakeout
Apollo CEO Marc Rowan predicts a private markets 'shakeout
Business Insider

Even one of private credit's biggest proponents is warning of a potential industry 'shakeout.' Marc Rowan, CEO of private credit giant Apollo Global Management, told Bloomberg News editor in chief John Micklethwait at the Bloomberg Invest…

marketbeat.com - Proficient Auto Logistics (NASDAQ:PAL) Given Outperform Rating at Barrington Research
Proficient Auto Logistics (NASDAQ:PAL) Given Outperform Rating at Barrington Research
MarketBeat

Proficient Auto Logistics (NASDAQ:PAL - Get Free Report)'s stock had its 'outperform' rating reaffirmed by research analysts at Barrington Research in a research report issued on Tuesday, Benzinga reports. They currently have a $12.00 target price…

marketbeat.com - Arvin Capital Management LP Sells 34,825 Shares of GXO Logistics, Inc. $GXO
Arvin Capital Management LP Sells 34,825 Shares of GXO Logistics, Inc. $GXO
MarketBeat

Arvin Capital Management LP lowered its stake in shares of GXO Logistics, Inc. (NYSE:GXO - Free Report) by 7.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 440,800 shares of the company's stock after…

marketbeat.com - GXO Logistics, Inc. (NYSE:GXO) Short Interest Down 16.1% in February
GXO Logistics, Inc. (NYSE:GXO) Short Interest Down 16.1% in February
MarketBeat

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…

fastcompany.com - Juan Orlandini - How insight gamified AI
How insight gamified AI
Fast Company

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…

bbc.co.uk - Huw Thomas - Glass deposit scheme 'risks £300m fraud', industry warns
Glass deposit scheme 'risks £300m fraud', industry warns
BBC

Plans to include glass in Wales's deposit return scheme (DRS) could drive up prices for consumers, according to a joint letter to the first minister from hospitality, retail and drinks bosses. The letter said the move to include glass in Wales…

bbc.co.uk - Huw Thomas - Glass deposit scheme 'risks £300m fraud', industry warns
Glass deposit scheme 'risks £300m fraud', industry warns
BBC

Huw ThomasWales business correspondent Plans to include glass in Wales's deposit return scheme (DRS) could drive up prices for consumers, according to a joint letter to the first minister from hospitality, retail and drinks bosses. The letter said…

dailymail.co.uk - Rita Sobot - Thousands of cruise passengers are trapped in Gulf ports
Thousands of cruise passengers are trapped in Gulf ports
Mail Online

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…

freightwaves.com - Todd Maiden - LMI: Freight market recovery in 'full-swing'
LMI: Freight market recovery in 'full-swing'
FreightWaves

A monthly report compiling sentiment among supply chain managers said February provided more evidence “that the long-awaited freight market comeback is in full-swing.” The Logistics Managers' Index—a diffusion index in which a…

koreatimes.co.kr - Ko Dong-hwan - Uncertainties cloud Middle East markets for Korean beauty, foods
Uncertainties cloud Middle East markets for Korean beauty, foods
The Korea Times

Iran's closure of the Strait of Hormuz has created a barrier for Korea's major beauty and food firms exporting to the Middle East and other regions accessible through the key maritime shipping channel. With the region emerging as a rising global…

itweb.co.za - Evolution PR - Investing in AI infrastructure: What it means for the future of tech
Investing in AI infrastructure: What it means for the future of tech
www.itweb.co.za

Amritesh Anand, Vice-President and MD – Technology Services Group at In2IT Technologies. Artificial intelligence (AI) has become a central driver of today's digital economy. Behind the impressive breakthroughs in generative AI, natural…

newsweek.com - Joe Edwards - Mexico's multi-billion megaproject could rival Panama Canal
Mexico's multi-billion megaproject could rival Panama Canal
Newsweek

Mexico has been constructing the Interoceanic Corridor of the Isthmus of Tehuantepec, a rail-and-ports megaproject intended to move containers between the Pacific and the Gulf in hours. The corridor's backers pitch it as a dry canal that could keep…

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