Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
NorthPoint Development breaks ground on next phase of Hazleton Logistics project
HAZLETON — NorthPoint Development broke ground Wednesday on the next phase of Hazleton Logistics 141, an industrial park along Arthur Gardner Highway in Hazleton City. NorthPoint officials, along with city and county leaders, came together…
AI in supply chains: FedEx's smart logistics
SINGAPORE – Getting packages delivered on time, without losing them, is no longer enough – it is just the bare minimum “table stakes” expected of any logistics industry player today, says FedEx's Asia-Pacific president…
Redrock Logistics seeks operating centre change in Oswaldtwistle
Redrock Logistics NW Ltd, based in Blackburn, has submitted an application to keep three goods vehicles and three trailers at 1 Haslingden Road, Oswaldtwistle. This change will affect the current operating centre at Unit 5 Holloway Drive, Wardley…
The King of Cool: Mobile Refrigeration and the Remaking of Global Logistics
Have you ever wondered how the United States transitioned from only having local fresh produce to an abundance of perishable goods available year-round across the country, even during the off-season? Today, almost $3 trillion (roughly 2.7 billion…
India, Panama chart new maritime partnership focused on logistics, digital innovation and global connectivity
Minister of Ports, Shipping and Waterways Sarbananda Sonowal held bilateral talks with Panama's Minister of Foreign Affairs, Javier Martinez-Acha Vasquez, to deepen maritime cooperation between the two countries, with both sides identifying…
GreenLine Mobility, Dabur join hands for green logistics solutions
GreenLine Mobility Solutions, the Essar Group's green logistics operator of LNG and electric-powered heavy commercial trucks, has entered into partnership with Dabur India, a leading FMCG company, to help decarbonise its supply chain through…
Dimensional Fund Advisors LP Acquires 371,391 Shares of GXO Logistics, Inc. $GXO
Dimensional Fund Advisors LP boosted its stake in shares of GXO Logistics, Inc. (NYSE:GXO - Free Report) by 8.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 4,866,867 shares of the company's stock…
Why Industrial Real Estate Investments Continue To Attract Investors
Eastvale, CA: Photographed is a Walmart distribution center located along I-15 in Eastvale. (Robert Gauthier/Los Angeles Times via Getty Images) Los Angeles Times via Getty Images Industrial real estate has remained one of the strongest-performing…
Delek Logistics Partners (NYSE:DKL) Reaches New 12-Month High - Time to Buy?
Delek Logistics Partners, L.P. (NYSE:DKL - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $57.15 and last traded at $56.93, with a volume of 21023 shares changing hands. The stock had…
Japanese food logistics giant recovers as extortion group claims cyberattack
Japan's largest refrigerated logistics company is gradually restoring operations after a cyberattack disrupted food deliveries nationwide, while the cybercrime group RansomHouse has claimed responsibility and threatened to leak stolen data.
Eastern Mediterranean Petrochemical Cluster Developed by Rönesans Attracts Over US$3 Billion in Investment
Total investment across the Eastern Mediterranean Petrochemical Cluster (DAPEK) now exceeds US$3 billion, anchored by the US$2 billion Polypropylene Production Facility and Liquid Bulk Terminal New port, energy and logistics investments position…
The Odyssey' film fuels online interest in Greek mythology, Google Trends shows
The release of “The Odyssey” is driving renewed interest in Greek mythology, with Google Trends recording a spike in online searches related to the ancient epic among Filipino moviegoers. Google said searches for “The…
Developers break ground on huge industrial park west of Houston
Another massive industrial development is coming to the fast-growing Katy area as developers continue betting on west Houston's booming logistics corridor. Houston-based National Property Holdings announced Wednesday it broke ground on Katy Prairie…
Trendy LA sneaker boutique at center of sinister multimillion-dollar Nike theft ring
A trio of Los Angeles sneakerheads — including the owner of a popular Melrose Avenue shoe boutique — were hit with federal charges as part of years-long investigation into a sophisticated Nike cargo theft ring. The suspects were among…
Russia's Amazon-style retail giant Wildberries is now in Ukraine's crosshairs. Here's why
Ukraine has ratcheted up its attacks on Russia's retail giant Wildberries, signaling a new phase in the war. Wildberries is Russia's biggest online retailer and its equivalent of the U.S. e-commerce giant Amazon. 'Given the scale of the targeted…
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