Modern Shipper

Ireland-based cargo group ASL Aviation is expanding to Australia with the acquisition of a FedEx contract carrier.

Walmart doubles down on omnichannel.

Shekar Natarajan moves on as logistics provider Quiet Platforms looks to improve on a disappointing outlook.

Newly tapped interim CEO Lance Rosenzweig is targeting a four-fold increase in Pitney Bowes’ share price in coming years.

Trimble’s U.S. strengths have been combined with Transporeon’s overseas presence through a $1.98 billion acquisition.

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One analyst says there’s no reason for FedEx to be aggressive at this time. Another says the current pricing push is visible but it’s limited.

The XPO contract logistics spinoff GXO is expanding its shared warehousing solution globally, starting with the European market.

Pitney Bowes maintains it does not look to compete at scale with FedEx and UPS as alleged by Hestia Capital Partners.

Echo Global Logistics has held true to the same goal since its inception almost 20 years ago: Make transportation management simpler.

Warehouse robotics firm Locus Robotics announced a major automation solution for AMR fleets, LocusOne.

“We have been here over a decade and have deployed thousands of systems using this technology. We are bringing this level of experience with robotics that is just unmatched in this market,” said Mujin Director of Sales Josh Cloer.

Supply chain and logistics firms are making their solutions known at the industry’s largest event. Here’s the most notable news.

Making its U.S. debut at ProMat in Chicago, CoEvolution is seeking new partners to get its technology into U.S. warehouses.

App-based companies fighting AB5 in California got a second court win last week as a three-judge panel cited statements by AB5’s author in its ruling.

Yale Lift Truck Technologies, formerly Yale, showed off its latest tech at the 2023 ProMat supply chain conference in Chicago.

The Ultra5 machine has a right-sized design that eliminates the need for corrugated boxes, according to Packsize.

San Francisco Bay Area-based Nimble Robotics has now raised a total of $115 million to help reduce warehouse size by up to 75%.

FedEx Express is aggressively scaling back air operations to save money as shipping demand crumbles.

Volume weakness persists at FedEx, but cost reductions are acting as strong offsets.