Logistics | SupplyChainBrain

Logistics: Page 287

FedEx Stock Tumbles After Warning on Economic Trends

The delivery giant’s shares fell on Sept. 16 in the biggest one-day percentage drop since FedEx went public in 1978.

A close-up view of two FedEx Corp. parcels. Photo: Shutterstock.

FedEx CEO Says He Expects the Economy to Enter a "Worldwide Recession"

The CEO’s pessimism came after FedEx missed estimates on revenue and earnings in its first quarter. The company also withdrew its full year guidance.

Packages are unloaded from a FedEx Corp. truck in New York City. Photo: Shutterstock.

Can an FMC Order Break the Cargo Logjam at Ports?

The recently enacted Ocean Shipping Reform Act of 2022 gave the U.S. Federal Maritime Commission stronger oversight of how ocean carriers and marine terminals treat shippers. Now, FMC is being called on to wield some of that power.

Photo: iStock.com/metamorworks

DB Schenker Completes Acquisition of USA Truck

The transaction was approved by USA Truck’s stockholders at a special meeting of stockholders held on Sept. 12.

Joe Jaska, Executive Vice President Land Transport for the Americas Region at DB Schenker. Photo: DB Schenker

Rail Shippers Applaud Labor Deal, Seek Rapid Ratification

The deal announced before dawn on the morning of Sept. 15 came less than 24 hours before a deadline Sept. 16 that could have led to a shutdown of rail operations across the U.S.

Photo: iStock.com/Denis Mamin

U.S. Steel Says Accelerating Headwinds Eroding Metal Demand

The Pittsburgh-based producer said demand has dropped across most of its markets amid persistent supply-chain problems and higher costs for raw materials and energy in Europe.

Photo: Bloomberg

Truck Fleets Are Waking Up to the Need to Slash Vehicle Emissions

A significant industry challenge revolves around answering the question of how to efficiently move the transportation industry toward a carbon-free future.

0130 Trucks

Watch: Integrated Tactical Planning and Optimized Logistics

Reduced inventory and optimized logistics are just a few of the benefits to be realized in implementing Integrated Tactical Planning, says David Goddard, principal at Oliver Wight.

David Goddard 1

Port of Los Angeles Cargo Volume Eases in August

After record-breaking cargo volume in 2021 and the first half of 2022, the port of Los Angeles reported that the import surge at the port slowed in August, due to early arrival of holiday goods, and economic concerns.

San Pedro Bay Aerial Port Of Los Angeles

Railroad Unions and Companies Reach a Tentative Deal to Avoid a Strike

The agreement now heads to union members for a ratification vote, which is a standard procedure in labor talks. While the vote is tallied, workers have agreed not to strike.

Photo: Getty.

Zara Owner’s Profit Jumps as Price Increases Outpace Costs

Inditex SA is increasing prices by more than surging inflation rates, making the owner of the Zara fashion chain a standout among retailers getting hit by higher costs and shaky consumer demand.

Photo: iStock.com/J2R

Amazon to Fund Raises for Delivery Drivers Amid Tight Labor Market

Amazon will spend $450 million to raise wages and benefits for members of its Delivery Service Partners network, a program of small businesses that drive fleets of Amazon-branded delivery vans.

Photo: iStock.com/Sundry Photography

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

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