Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Medlog opens new Saudi logistics park
In a move that strengthens Saudi Arabia's position as a global logistics hub, Medlog has officially opened Medlog 1, an integrated logistics park in Dammam that promises to reshape the Kingdom's supply chain landscape. Medlog is the inland…
Logistics shares tumble as AI automation claims shake investors
Freight AI claims triggered a sharp market sell-off across trucking logistics shares Investors reacted strongly to automation fears as small AI firm surged in value Market anxiety around AI disruption spread beyond trucking into healthcare and…
GXO Logistics, Inc. (NYSE:GXO) Receives Average Rating of 'Moderate Buy' from Brokerages
Shares of GXO Logistics, Inc. (NYSE:GXO - Get Free Report) have been assigned an average rating of 'Moderate Buy' from the thirteen brokerages that are presently covering the company, MarketBeat.com reports. Two equities research analysts have…
Universal Logistics (NASDAQ:ULH) Shares Pass Below 50 Day Moving Average - Time to Sell?
Universal Logistics Holdings, Inc. (NASDAQ:ULH - Get Free Report) passed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $16.66 and traded as low as $15.49. Universal Logistics shares last traded…
Bastion Asset Management Inc. Acquires 119,967 Shares of GXO Logistics, Inc. $GXO
Bastion Asset Management Inc. lifted its holdings in shares of GXO Logistics, Inc. (NYSE:GXO - Free Report) by 145.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The…
Futures, Global Markets Rise With US Markets Closed For President's Day
Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents' Day holiday and mainland China's…
The AI 'scare trade' is tearing through markets. Bernstein picked 8 stocks that can weather the storm
Bernstein has listed eight European 'AI risk-proof' names it thinks are structurally resilient to the recent market volatility, and can outperform peers thanks to moats in their business models. The logistics, software, real estate and financials…
NC AI targets manufacturing-driven physical AI shift
Feb. 16 (Asia Today) -- South Korea's NC AI is accelerating development of 'physical AI,' aiming to apply real-world manufacturing data to robotics and industrial operations in what industry leaders describe as the next phase of artificial…
AI Turns From Friend To Foe - Will AI Kill The Bull Market?
Last week, fears of AI damaging long-standing business models expanded into wealth management, logistics stocks, and financial stocks, and there were plenty of dire predictions. Wall Street doesn't like uncertainty that points to multiple…
Stock market doom loop is hitting everything that touches AI
Getting your Trinity Audio player ready... By Jeran Wittenstein and Ryan Vlastelica | Bloomberg The stock market turmoil unleashed by the artificial-intelligence industry reflects two fears that are increasingly at odds. One is that AI is poised to…
The Contradiction at the Heart of the AI Selloff
This article is for subscribers only. There's a contradiction at the center of how Wall Street has been talking about artificial intelligence. On one side, there's the view that AI will dramatically change the economy. (That's been the driving…
India's job market will see a hockey stick trend in 3 years in the AI age: Prosus India
India still has about three more years of job churn before hitting the upper end of the hockey stick in the job market, Sehraj Singh, Managing Director of Prosus India, told businessline while sharing findings of its “AI for All: Catalysing…
Philippines says takes exception to China embassy comment on job losses
MANILA — The Philippines takes “strong exception” to a statement by the Chinese Embassy in Manila that the simmering diplomatic spat between the two countries could result in millions of jobs being lost, the foreign ministry…
Debashis Basu: Equity Markets' Challenges: Weak Demand, High Valuation
Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu. India's trade agreements with the…
Anderson Cooper Is Leaving '60 Minutes'
|Anderson Cooper to Leave ‘60 Minutes' on CBS https://www.nytimes.com/2026/02/16/business/media/anderson-cooper-60-minutes.html For nearly 20 years, Anderson Cooper has had a rare double billing in the TV industry: anchor on CNN and…
Receive a Daily briefing on Logistics Industry News
Get Started