Almost two-thirds of senior automotive executives say they cut their backlogged orders by 61% while another 34% expect to reduce their backlogs over the next 12 months.

OOCL Logistics customers will be able to apply for financing through the PODIUM platform, meaning suppliers can now receive funding less than 72 hours after shipping out a product.

The feature can determine a price range for logistics services based on numerous variables including types of transportation, equipment, demand and competition. 

While they still have some operating leverage, shippers should start preparing for the market turn.

The financial collapse of Yellow, the third-largest less-than-truckload carrier in the U.S., will incur some challenges in the transportation world that people might not have considered.

The Master Logistics Center Plan details the construction of 59 centers across the Kingdom that have a total area exceeding 1.07 billion square feet.

There is an optimal opportunity to improve efficiencies by streamlining store operations and pickup experience to maximize time serving customers.

Amazon Shipping is now available in the contiguous U.S., meaning the organization will handle packages sold on the company website as well as items from other selling channels.

July 2023 marked the fifth straight month that the Logistics Managers' Index score hit a new all-time low.

Beyond physical expansion, the projects will also focus on implementing new technology and adopting updated terminal operating systems, including automation, at each port.