DOF Group is acquiring Maersk Supply Service from A.P. Møller Holding for $1.1 billion, expanding its fleet by 22 vessels to a total of 65.
Shifting away from chatbots, large language models (LLMs) can be effectively utilized in supply chain management for various data cleanup tasks.
As the retail sector focuses on enhancing its ESG efforts, companies are investing in artificial intelligence (AI) and digital tools to improve transparency and data management.
General Motors has selected Optilogic’s Cosmic Frog software to optimize its supply chain design.
The U.S. Department of Transportation has announced $48.4 million in RAISE Grants to various ports, including Bellingham, Puerto Rico, and San Diego.
Los Angeles and Long Beach ports have announced a $25 million investment to build 207 electric truck chargers at eight sites.
WebCargo by Freightos partners with Coyne Airways, the first carrier to offer dangerous goods booking on the platform.
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SC Ports has successfully addressed ship delays by implementing operational solutions and pausing construction.
Speedy Freight, a UK-based 3PL company, has opened its first US office in Dallas, Texas, marking a significant step in its global expansion.
The Institute for Supply Management’s (ISM) June report reveals that manufacturing output fell for the third consecutive month, with the PMI dropping to 48.5.
Instawork’s 2024 State of Warehouse Labor report indicates improved staffing conditions and higher pay, signaling stabilization and growth in the warehouse labor market.
GXO and Agility Robotics have agreed to deploy humanoid robots in GXO’s logistics operations, marking the industry’s first commercial deployment of humanoid robots under a Robots-as-a-Service (RaaS) model.
New York City has received a $5.6 million grant from the U.S. Department of Transportation’s RAISE program to create an Urban Freight Lab.
Business Facilities’ 2024 rankings spotlight Phoenix as the top large metro manufacturing hub and Austin as the leader among small metros.