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Logistics: Page 177
Port of LA Kicks Off 2024 with Near-Record January Volume
January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.
General Motors, Panasonic Sign Investment Deals with Canadian Graphite Producer
GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said.
Practicing Green Logistics in Supply Chain Management
The push for supply chain sustainability comes with many built-in benefits, including lower costs, increased efficiency and stronger customer loyalty.
Log-hub Update Includes 3D Maps for Supply Chain Visualization
Log-hub said that its 3D maps offering will provide users with increased efficiency and more strategic insights into how companies navigate global supply chain networks.
Maersk: Red Sea Diversions Could Extend into Second Half of 2024
Maersk said that it has added about 6% more vessel capacity to its schedule to keep the flow of trade moving, further adding to the company’s operational costs.
China-U.S. Average Container Leasing Rates Up Threefold Since November
An industry expert from a Californian freight forwarding company said they anticipate organizations will have to deal with equipment shortages due to vessels being rerouted away from the Red Sea.
Accenture Agrees to Acquisition of Insight Sourcing
Accenture will absorb roughly 220 consultants from Insight Sourcing and gain access to the company's portfolio of more than 40 technology procurement tools.
Rideshare, App-Based Delivery Drivers Striking in the U.K. and the U.S.
Uber and Lyft drivers are holding daylong strikes in Chicago, Philadelphia, Pittsburgh, Miami, Orlando, Austin, Newark and several other cities.
APAC Air Freight Market Subdued, Shipping Continues to Struggle, Report Says
Dimerco said that ocean shippers in the APAC region should anticipate rates to increase for vessels going to the U.S. and Europe.
Oracle Unveils New Supply Chain Logistics Tools
The company said that these updates to Oracle Transportation Management and Oracle Global Trade Management will help customers increase visibility, reduce costs and automate regulatory compliances.
DHL Investing $200M in U.S. Life Sciences and Healthcare Expansion
DHL plans on opening five more warehouse facilities in the U.S. by the end of 2024 to meet its customers' life sciences and healthcare needs.
Start-Up CDL 1000 Acquiring Competitor Next Trucking
CDL 1000 founder Andrew Sobko said that this acquisition, as well as the company’s purchase of Hickory Transportation Services in November, will allow the organization to expand its services nationwide.
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