FM Logistic’s operating income up 20%; future guidance withheld
French 3PL FM Logistic reports strong organic growth in its recent fiscal year as European expansion progresses. The company didn’t issue annual guidance due to COVID-19 uncertainty.
French 3PL FM Logistic reports strong organic growth in its recent fiscal year as European expansion progresses. The company didn’t issue annual guidance due to COVID-19 uncertainty.
The best time to build on your company’s offerings through acquisitions may actually be during a global disruption.
Guest commentator Eric Masotti writes about the importance of technology in logistics – but also underscores the importance of dedicated people to the process.
Logistics companies are performing at a high level despite supply chain challenges caused by the coronavirus pandemic and inadequate government planning, Ebola response coordinator Ron Klain said.
Werner believes its consumer-heavy shipper base will allow the company to ‘more effectively manage through’ the downturn.
Prologis reports solid first quarter, but reels in guidance on COVID-19 headwinds. An uptick in demand is not likely until a vaccine is discovered.
Ubirch, a blockchain cybersecurity company, has joined the Blockchain in Transport Alliance (BiTA). Learn more about Ubirch and BiTA.
If you need coronavirus gear, who you gonna call? Logistics busters!
Prologis’ update highlights strength of the logistics real estate market entering pandemic. Some clients are asking for rent relief.
Americans are taking to their laptops instead of heading to the mall, and legacy retailers are facing the pressure to adapt to the times.
While FEMA is working to airlift medical supplies from international sources, the White House doesn’t want to share equipment with other countries that may be in need. But don’t blame logistics providers like FedEx, which are executing on their logistics contracts.
COVID-19 is driving change in industry that highlights a new way businesses may operate going forward. Plus, air cargo companies accused of jacking rates, warehouse hiring rises and trucking’s image is getting a makeover.
Consultants, used to going onsite to perform their work, are now tasked with providing assessments without travel to a customer’s facility.
Roadrunner seeks voluntary delisting from the NYSE as it continues its reorganization and focuses on asset-light offerings.
XPO increases paid sick leave by two weeks for employees affected by the coronavirus.
Citing a deterioration in market conditions, XPO announces that it is no longer looking to spin-off its separate business units.
Brian Aoaeh explores the vulnerability of supply chains in an interconnected world that is threatened by a potential pandemic.
If it looks like a duck and walks like a duck, it’s probably a duck. Public and private officials behind the development of a large air cargo terminal at San Bernardino International Airport say they have no idea who will occupy the air-to-truck transfer terminal, but the telltale signs point to Amazon.com and its Amazon Prime Air network.
China’s largest ecommerce company, JD.com, not ready to completely quantify coronavirus disruption.
Brian Aoaeh explores unforeseen shocks to global supply chains and global commerce.