Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Lotte Global Logistics expands U.S. battery storage transport
Aug. 10 (Asia Today) -- Lotte Global Logistics said Monday it will significantly expand inland transportation of battery energy storage systems made by LG Energy Solution in the United States as the South Korean logistics company moves deeper into…
US ports are quietly testing AI despite cybersecurity and logistics challenges
At the Port of New Orleans, a cargo ship docks. On board are power transformers, wind turbine components, and industrial generators used to construct data centers in the US. Moving these unwieldy pieces of equipment inland from the port is a…
GXO Logistics Is Gaining Business At Lower Incremental Margins, Signaling Model Challenges
GXO Logistics reported 2Q26 results showing strong commercial wins but stagnant margins and minimal operating leverage. GXO's organic revenue grew 3.4%, but profits and margins remained flat, highlighting cost absorption issues despite new business…
Trai Expands 1601 Number Series for Utilities, Logistics to Combat Impersonation Fraud
The Telecom Regulatory Authority of India has significantly expanded its 1600-number series, introducing the new 1601 series for utilities, courier, and logistics companies to combat rising impersonation fraud and help consumers identify legitimate…
Pangaea Logistics Solutions Ltd. (PANL) Q2 2026 Earnings Call Transcript
Pangaea Logistics Solutions Ltd. (PANL) Q2 2026 Earnings Call August 11, 2026 8:00 AM EDT Mads Petersen - President, CEO & Director Gianni DelSignore - CFO & Secretary Liam Burke - B. Riley Securities, Inc., Research Division Charles Fratt -…
Pangaea Logistics: Q2 Earnings Snapshot
NEWPORT, R.I. (AP) — NEWPORT, R.I. (AP) — Pangaea Logistics Solutions Ltd. (PANL) on Monday reported profit of $10.2 million in its second quarter. On a per-share basis, the Newport, Rhode Island-based company said it had profit of 16…
Proficient Auto Logistics, Inc. (PAL) Q2 2026 Earnings Call Transcript
Proficient Auto Logistics, Inc. (PAL) Q2 2026 Earnings Call August 10, 2026 5:00 PM EDT Bradley Wright - CFO & Secretary Richard O'Dell - Chairman & CEO J. Bruce Chan - Stifel, Nicolaus & Company, Incorporated, Research Division Patrick Brown -…
One Killed in Ukrainian Attack on Wildberries Logistics Center in Voronezh
A Ukrainian drone attack killed one person and injured two others in the southwestern Voronezh region, local officials said Tuesday, with online retailer Wildberries saying that a fire broke out at one of its logistics centers during the air…
The CEVA Logistics data breach is having major knock-on effects across Europe - here's what we know
CEVA Logistics hack disrupted European warehouses and exposed some customer data Retailers and Valve reported compromised delivery information and service delays Clients warned of targeted scams while awaiting fuller incident details from CEVA CEVA…
Proficient Auto Logistics forecasts $350M-$370M second-half 2026 revenue with ~97% operating ratio as it agrees to buy Hansen & Adkins (NASDAQ:PAL)
The acquisition will make Proficient the largest auto hauler in North America and is expected to be immediately accretive to profitability, improving scale, network, and margins. Key risks include rising costs (fuel, maintenance), industry driver…
Logistics Firm Hit With Suit Over Tobacco Use Surcharge
Logistics firm NFI Industries Inc. unlawfully imposed a tobacco use surcharge on thousands of workers without offering mandated wellness program alternatives in violation of the Employee Retirement Income Security Act, a... To view the full…
Riyadh to host global logistics, supply chain forums in November
RIYADH — Saudi Arabia will host the second editions of the Global Logistics Forum (GLF) and the UNCTAD Global Supply Chain Forum (GSCF) in Riyadh from November 29 to December 1, 2026. The forums will be held under the patronage of Custodian…
Russia Hit Military Enterprises, Logistics Centers in Kiev, Zaporozhye - MoD
'Tonight, the Russian Armed Forces launched a strike using ground-based precision weapons, striking military-industrial complexes and transport and logistics centers in Kiev and Zaporozhye,' the statement says.The large warehouse center San Park in…
Proficient Auto Logistics Q2 Earnings Call Highlights
Proficient Auto Logistics NASDAQ: PAL reported lower second-quarter revenue and adjusted EBITDA from a year earlier, while management said operating trends improved sequentially through the quarter and announced a definitive agreement to acquire…
Pangaea Logistics Solutions (NASDAQ:PANL) Announces Earnings Results
Pangaea Logistics Solutions (NASDAQ:PANL - Get Free Report) announced its earnings results on Monday. The shipping company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.02, Zacks reports.
Receive a Daily briefing on Logistics Industry News
Get Started