Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Amazon adds seller surcharge as oil spike from Iran tensions drives logistics costs higher
Amazon will impose new fees later this month on third-party sellers as rising oil prices tied to the ongoing war with Iran ripple through the U.S. economy, a shift that could ultimately push costs onto consumers. The company said it will begin…
Perpetual Ltd Sells 543,160 Shares of GXO Logistics, Inc. $GXO
Perpetual Ltd lowered its holdings in GXO Logistics, Inc. (NYSE:GXO - Free Report) by 20.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,168,467 shares of the company's…
Amazon tells sellers it's adding a 3.5% charge to offset rising fuel and logistics costs
Amazon is adding a new charge for some sellers to offset higher fuel prices. The e-commerce giant plans to start adding a 3.5% “fuel and logistics-related surcharge” on orders it ships through its Fulfillment by Amazon service in…
Ukraine war: Russian attack on Nikopol market kills five
Sarah Rainsford,Southern and Eastern Europe correspondent, Kyivand A Russian drone attack on a market in southern Ukraine has killed five people and injured 21, including a 14-year-old girl, the prosecutor general's office says. The attack took…
Ukraine war: Russian attack on Nikopol market kills five
Sarah Rainsford, Southern and Eastern Europe correspondent, Kyiv and Robert Greenall, BBC News A Russian drone attack on a market in southern Ukraine has killed five people and injured 21, including a 14-year-old girl, the prosecutor general's…
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. 0701 GMT – J&T Global Express's earnings outlook remains largely intact, says Morningstar's…
AI is rewiring the world's most prolific film industry
Welcome to the new-look movie set, where the quiet hum of a coding floor has replaced the cacophony of cameras, clapperboards and shouted directions. SCROLL TO CONTINUE WITH CONTENT The Collective Artists Network, a top talent agency for Bollywood…
Iran Conflict Turns Fuel Into Freight Market's Wild Card - TT
The price of diesel is displayed at a gas station March 19 in Hyattsville, Md. (Stephanie Scarbrough/Associated Press) Iran's takeover of the Strait of Hormuz and regional attacks have lifted fuel prices and disrupted ocean and U.S. trucking…
West Asia Conflict Disrupts Bikaner's Bhujia, Papad, Spice Exports to Gulf, Europe
The escalating conflict in West Asia is severely impacting Bikaner's renowned food export industry, leading to significant delays, soaring freight costs, and disruptions in the supply of popular snacks like bhujia and papad to crucial Gulf and…
Q2 Update: Iran War, Depleting Munitions, And Market Outlook
Geopolitical escalation is now impacting energy infrastructure, increasing the risk of sustained supply disruptions and keeping oil and gas prices elevated. Markets appear complacent despite rising risks - equities are weakening technically, but…
It's Past Time To Privatize The Post Office
Submitted by QTR's Fringe Finance A new piece from the Cato Institute lays out how bad things have gotten at the post office, arguing that the United States Postal Service is facing a severe and worsening financial crisis. According to the article…
No mediocre worker is safe - the bar for keeping your job just went up
With hiring budgets constrained, some companies are finding a different way to bring in talent: replacing workers with better ones. 'There is just no appetite for mediocrity anymore,' said Brent Orsuga, founder of the supply chain and logistics…
This 30-Year-Old Uber Employee Started a 'Scrappy' Side Hustle in Her Kitchen - It Hit $10K in 48 Hours: 'Never About Chasing a Trend'
Glabman wanted to create a functional condiment she could enjoy while navigating health issues. She boostapped her side hustle, She's The Sauce, with about $20,000 of her own savings. She's The Sauce made $10,000 in just 48 hours and now averages…
'The frontline is like Terminator': fighting robots give Ukraine hope in war with Russia
Victor Pavlov showed off Ukraine's newest and most versatile weapon: a battery-powered land robot. The unmanned ground vehicles come in various shapes and sizes. One runs on caterpillar tracks and resembles a roofless milk float. Another has wheels…
'The good old days are gone': how will US prices stand as war in Iran surges on?
As consumers watch the price of gasoline and airline tickets rise, experts say that the war in Iran will continue to drive up prices across the economy. “The good old days are gone,” said Christopher Tang, a professor at the UCLA…
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