There is no way to avoid it: the trucking and freight industries are in a recession, with no clear visibility as to when business will rebound.

Through the new offering, companies will be able to ship parcels from coast-to-coast in the U.S. in as little as two to five business days. 

For every day that the strike goes on, supply chains will need an additional three to five days to recover, the Railway Association of Canada estimates.

Inventory levels in the logistics industry, which recorded a score of 42.9 during June 2023, are contracting at the second-fastest rate in LMI history.

In this environment, for retailers to compete, they need to give customers a full menu of delivery options to fit their preferences at the point of purchase, each and every time.

The 13,000 square meter center located in Dubai Industrial City is the United Arab Emirates' first Cold Store facility.

The "final mile" benefits from the collaboration of artificial intelligence and machine learning and optimized data, says Mathew Witte, senior vice president at Ortec.

Ekart launched its air and surface B2B transportation services in India to provide domestic businesses with improved transportation speeds and greater reliability.

Eric Rempel, chief innovation officer at Redwood Logistics, says the modern fourth-party logistics provider offers a finely honed logistics platform as a service.

KOBC will be in charge of securing funding for the centers while CJ Logistics will be responsible for operating the facilities.