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https://www.freightwaves.com/news/daily-infographic-what-is-a-logistician
Consolidated Intermodal Technologies (CIT) Announces MandR System Capabilities Expansion to Include Intermodal Equipment Beyond Chassis Fleets
Seamless M&R management for chassis, trailers, containers, reefers and gensets
Budd Lake, NJ – June 8, 2021 — Consolidated Intermodal Technologies (CIT), a leading developer of innovative and proprietary asset optimization platform technology solutions, today announces its Maintenance and Repair System (MandR) capabilities have expanded to include a wide...
Logistics is a notoriously volatile industry. During market shifts, it can be difficult for shippers to decide which modes, providers and contract/rate types will serve their business best. In the constant race to keep up, many default to the most common solutions, unable to set aside the time required to look deeper into their options. Ultimately, this approach leads to lost time, lost money and lost opportunities.
In a tight capacity market, it can be difficult for shippers to effectively...
https://www.freightwaves.com/news/4pls-provide-competitive-advantage-needed-to-thrive-in-2021
Golden Peanut and Tree Nuts Inc. is permanently closing its processing and distribution facility in El Paso, Texas, according to a notice sent to state officials Friday.
The Alpharetta, Georgia-based peanut and tree nut processing company will lay off 86 employees and “will be closing entirely and permanently ceasing operations,” according to documents filed with the Texas Workforce Commission. The facility’s last day is scheduled for Dec. 15, 2021.
The El Paso facility processes pecans and has a...
https://www.freightwaves.com/news/86-laid-off-as-pecan-processor-distributor-to-close-texas-facility
Global logistics real estate provider Prologis says it is on track to meet its goals for 100% carbon-neutral construction and 100% LED lighting across its 984 million-square-foot portfolio of buildings by 2025.
In advance of World Environment Day on Saturday, Prologis on Thursday shared its 2020 Sustainability Report, which focused on environmental, social and governance (ESG) factors through the lens of customers, talent and culture, and innovative and operational excellence.
“We have a strong...
https://www.freightwaves.com/news/prologis-2025-sustainability-goals-largely-on-track
Little did the world expect a tiny virus such as the coronavirus to affect more than 170 million people of the world population bringing shock and confusion in its wake. This is the official figure at the time of publishing this article and it is only expected to go up until the pandemic is brought under control through radical but prudent means.
The pandemic has brought global activities down since last year, in some countries, almost to a standstill.
The shipping industry has not been spared...
https://www.marineinsight.com/maritime-law/what-is-abandoned-cargo/
This commentary was written by Robert Nathan, founder of Value Chain Ventures. The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
By Robert Nathan
Many of you reading this have experienced the “pull” of the freight-force: an indescribable force that supply chain professionals around the globe harness to improve the global supply chain and hence the global economy. The inertia and intensity of the question, “How can...
U.S. Department of Transportation Secretary Pete Buttigieg visited Tennessee to find out how the closure of the Interstate 40 bridge connecting that state and Arkansas has affected freight movement. It was shut down more than three weeks ago due to a cracked beam in the span.
Buttigieg on Thursday met with regional transportation officials at a FedEx Corp. (NYSE: FDX) facility in Memphis before touring the Hernando De Soto bridge, also called the Mississippi River bridge. Shipping giant FedEx...
On the Crowley Maritime Corporation website is a statement by Thomas Crowley, Jr., the company’s Chairman and CEO: “In 1892, my grandfather, Thomas Crowley, bought a Whitehall rowboat and went into business for himself shuttling personnel and supplies between the San Francisco waterfront and the tall sailing ships that would anchor in San Francisco Bay. From these humble beginnings grew the company we know today as Crowley Maritime Corporation.”
The company’s describes itself as: “Crowley is a...
Freight broker Landstar System (NASDAQ: LSTR) lifted second-quarter guidance ahead of an appearance at an investor conference on Tuesday. The company now expects revenue and earnings per share to be “slightly above” the high end of its previous guidance ranges of $1.4 billion to $1.45 billion and $2.20 to $2.30, respectively.
The Jacksonville, Florida-based company is calling for truckload volumes to increase by a low-double-digit percentage from the first quarter with revenue per load...
https://www.freightwaves.com/news/landstar-raises-q2-outlook-volumes-pricing-outperform
