Logistics

This episode is brought to you by DDC FPO. DDC is a business process outsourcing provider that specializes in freight. Perhaps best known for Freight Billing, DDC can turn your back office into a profit center. Discover how to cut expenses and increase margins at ddcfpo.com. UPS (NYSE: UPS) just...

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This commentary was written by Lori Ann LaRocco. The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The word "historic" in the maritime and logistics industry has become so overused that its meaning now is watered...

Port Houston remains closed as the Texas Gulf Coast continues to feel the impact of Tropical Storm Nicholas, which has been pounding the area with high winds, rain, and flooding over the last 24 hours. The storm made landfall as a Category 1 hurricane in Texas early Tuesday morning, bringing winds...

August data from Cass Information Systems shows a sequential surge in expenditures, a proxy for freight rates, with shipments stepping higher as well. The year-over-year comparisons for both subindexes were materially higher again. Freight rates up and to the right The expenditures component of...

The market for buying and selling third-party logistics providers and freight brokerages is red hot, according to Capstone Partners investment bankers Burke Smith and Nathan Feldman. Rates for all modes of transportation rose quickly over the past year, pushing up 3PLs' earnings power and making...

Advanced Handling Systems' (AHS) third-party logistics and e-commerce warehouse customers can now choose to deploy robotic solutions from Berkshire Grey for their facilities. AHS, which integrates fulfillment and distribution solutions and counts many Fortune 100, e-commerce, and 3PL companies...

UPS is jumping into the same-day delivery game, announcing Friday that it is acquiring Roadie. Terms were not disclosed. The transaction is expected to close in the fourth quarter of 2021. "Roadie's leading technology, combined with UPS' portfolio, will open doors for new growth opportunities,"...

It looks like Wall Street was undervaluing Echo Global Logistics. In a deal announced Friday morning, the private equity firm Jordan Co., which has 3PL experience in an earlier ownership of GlobalTranz, said it was acquiring Echo for $48.25 per share. That is a roughly 54% premium over the...

E-commerce has made retail shopping as easy as clicking a button, and telehealth has already brought some of those conveniences to health care. Now, companies are trying to figure out how to use the tools of e-commerce to improve the health care supply chain. How can health care suppliers still...

Third-party logistics provider Radiant Logistics announced record results Thursday after the market close. The Renton, Washington-based company reported adjusted earnings per share of 20 cents, 2 cents higher year-over-year but a penny light of consensus, for its fiscal fourth quarter ended June 30...

Blythe Brumleve returns to her home studio after a month on the road for this new episode of Cyberly. Today's hot topic: getting started on your next endeavour.  Brumleve talks about how the most challenging thing when pursuing something new is often just taking the plunge and doing it, whether...

A report from Morgan Stanley's transportation research team, headed by Ravi Shanker, estimates the value of Uber Technologies' (NYSE: UBER) "sum of parts" at $72 per share. Of that, about $2 can be attributed to Uber Freight, based on valuing Uber Freight at $3.5 billion.  The $3.5 billion...

Supply chain stakeholders are forming a coalition in the southwestern U.S. that seeks to stage certain logistics activities in Nevada, Utah and Arizona and away from the densely populated metropolitan and port areas in California.  The Nevada Governor's Office of Economic Development (GOED) and...

Inventory levels increased for the nation's largest retailers during the fiscal second quarter that ended July 31. However, when looking at merchandise positions relative to sales, many big-box chains are operating at a significant supply deficit compared to two years ago. Elevated consumer demand...