Tariff fears evident in February supply chain data

Record imports ahead of new tariffs shaped sentiment among supply chain managers in February, according to the Logistics Managers’ Index report released Tuesday. The monthly query of logistics supply executives showed big moves in inventories and the costs to carry them along with knock-on effects in warehousing metrics.

The subindex for inventory levels jumped 6.3 percentage points to 64.8 in February with the inventory costs dataset stepping 7.1 points higher to 77.3. The LMI is a diffusion...

https://www.freightwaves.com/news/tariff-fears-evident-in-february-supply-chain-data

Lineage’s earnings grow through post-pandemic ‘major inventory rebalancing’

Temperature-controlled warehouse operator Lineage Inc. said on a Wednesday quarterly call that its customers remain growth-oriented but acknowledged that food inventories have stabilized at lower levels.

Total throughput at its facilities hasn’t changed all that much since the pandemic, but customers are holding less inventory than they did prior to COVID. Food producers ramped production in 2022 in efforts to rebuild stock levels, but they overshot the mark and were left holding more...

https://www.freightwaves.com/news/lineages-earnings-grow-through-post-pandemic-major-inventory-rebalancing

ABF Freight latest LTL carrier to nab Yellow terminals

Less-than-truckload carrier ABF Freight and parent ArcBest Corp. have entered private purchase agreements to acquire two leased properties totaling $11.5 million from defunct Yellow Corp.’s estate, according to a Wednesday filing in a federal bankruptcy court in Delaware.

ArcBest (NASDAQ: ARCB) is acquiring a 108-door terminal on 32.5 acres near Denver for $7 million and a 60-door service center on 12.6 acres near Seattle for $4.5 million.

The company picked up four of Yellow’s terminals valued...

https://www.freightwaves.com/news/abf-freight-latest-ltl-carrier-to-nab-yellow-terminals

Prologis CEO Hamid Moghadam announces retirement

Logistics warehouse operator Prologis announced Wednesday that co-founder and longtime leader Hamid Moghadam will be retiring. Prologis President Dan Letter will succeed Moghadam as CEO on Jan. 1.

Moghadam will continue to serve as executive chairman.

Photo: Prologis President Dan Letter will succeed Hamid Moghadam as CEO in 2026. (PRNewsfoto/Prologis, Inc.)

Letter joined San Francisco-based Prologis (NYSE: PLD) in 2004 and has served as the real estate investment trust’s president since January...

https://www.freightwaves.com/news/prologis-ceo-hamid-moghadam-announces-retirement

Lab0: Robotics system first to fully automate inbound warehouse ops

Ridgefield, Washington, industrial automation company Lab0 announced on Tuesday morning the launch of the first industrial humanoid-inspired system designed to fully automate inbound warehouse operations.

According to a news release emailed to FreightWaves, Lab0 has emerged after two years of secret development on the RoboGlide system to integrate multiple stages of warehouse logistics. RoboGlide is a flexible and modular system that can unload shipping containers, identify products, detect...

https://www.freightwaves.com/news/lab0-robotics-system-first-to-fully-automate-inbound-warehouse-ops

Knight-Swift titulares Compradores en la última venta de terminal amarillo

Una presentación del martes ante un tribunal de bancarrota federal en Delaware mostró el transporte de Knight-Swift, A. Duie Pyle y Tforce Properties han celebrado acuerdos de compra por un total de $ 15.1 millones para adquirir siete de las terminales difuntas de Yellow Corp. Swift con sede en...

https://fullavantenews.com/knight-swift-titulares-compradores-en-la-ultima-venta-de-terminal-amarillo/?lang=es

Knight-Swift headlines buyers in latest Yellow terminal sale

A Tuesday filing with a federal bankruptcy court in Delaware showed Knight-Swift Transportation, A. Duie Pyle and TForce Properties have entered purchase agreements totaling $15.1 million to acquire seven of defunct Yellow Corp.’s terminals.

Phoenix-based Knight-Swift (NYSE: KNX) is acquiring three terminals in Southern California – Downey (71 doors), San Diego (49 doors) and Santa Maria (16 doors) – and one property in Roanoke, Virginia, (34 doors) for $9.9 million.

The four properties are...

https://www.freightwaves.com/news/knight-swift-headlines-buyers-in-latest-yellow-terminal-sale

ArcBest implementando carretillas elevadoras que dimensionan la carga

El proveedor de transporte y logística ArcBest anunció el lunes que ha desarrollado una carretilla elevadora que puede capturar las dimensiones de un envío. Actualmente, la compañía está utilizando la tecnología en un piloto de prueba. También anunció que ha abierto sus ofertas de tecnología Vaux a...

https://fullavantenews.com/arcbest-implementando-carretillas-elevadoras-que-dimensionan-la-carga/?lang=es

ArcBest deploying freight-dimensioning forklifts

Transportation and logistics provider ArcBest announced Monday it has developed a forklift that can capture the dimensions of a shipment. The company is currently using the technology in a test pilot. It also announced it has opened its Vaux technology offerings to other industries.

“Accurate freight dimensions have become increasingly important, but standard static dimensioners can be cost-prohibitive and inefficient for many businesses,” said Dennis Anderson, ArcBest’s chief innovation...

https://www.freightwaves.com/news/arcbest-deploying-freight-dimensioning-forklifts

BLS revision: Far fewer workers in truck transportation than earlier estimated

The U.S. has had a lot fewer people employed in truck transportation than it originally thought.

The February employment report from the Bureau of Labor Statistics was the first to reflect the revised annual model the BLS uses in reporting job figures. The agency signals every August what it believes it will be reporting in February, based on the data it has collected at that point. 

In August, the BLS said the transportation and warehousing sector was one of the only segments reported by the BLS...

https://www.freightwaves.com/news/bls-revision-far-fewer-workers-in-truck-transportation-than-earlier-estimated