Participants in a key conference discussed how private equity dollars sitting on the sidelines could boost logistics M&A.
Freight forwarder and logistics provider Seko Logistics announced it has entered an agreement to recapitalize.
Seko Logistics said U.S. Customs and Border Protection has harmed its business by temporarily suspending some import privileges without providing evidence of wrongdoing.
Israel won’t be able to produce as many goods for its economy because of the war it is waging. Some logistics providers are increasing their capability to deliver imports to the country by air and ocean.
More signs are surfacing that the second half of the year won’t be a panacea to the international freight recession. Seko Logistics says there won’t be a surge in orders that fuels transportation spending.
Ulta Beauty turns 1,300 stores into fulfillment centers; Seko Logistics launches tech to support customer service in the final mile.
Karen Webster, CEO of PYMNTS.com, discussed the importance of cross-border e-commerce businesses using embedded payment platforms with LianLian Global’s David Messenger and David Emerson of Seko Logistics at FreightWaves’ Supply Chain Meets FinTech event on Wednesday
Supply chain disruptions and the growth of e-commerce have forced Seko Logistics to think differently about its logistics network.
The stress levels of logistics managers and supply chain managers are at all high-time highs — and for good reason.
ShipStation has announced its first integration with an LTL shipper, enabling customers to ship e-commerce orders of furniture and other large items direct to residences.
It’s not what the company typically does but “this market has created a lot of unique situations,” says SEKO exec.
Thanks to COVID, there are no seasonal highs and lows for international shipping. There is so much demand for goods that the peak season never seems to end — and ports, railroads, truckers and warehouses are reaching the breaking point.
In today’s edition of The Daily Dash, Amazon is altering the industry’s perspective of peak freight season. Plus, Women in Trucking named the top employers for women and XPO could be looking to downsize.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Seko Logistics to open new hub in Dallas; China firm opens $10 million auto parts plant in Mexico; medical device firm expands in Reynosa; Nippon Express opens new facility in Guanajuato.
When it comes to airports and cargo, bigger isn’t always better. Shippers are finding the benefits of airports that fly under the radar.
Big cargo planes are dumping cargo faster than O’Hare, LAX and other airports can process it. That could mean a longer wait for your new favorite gadget.
Face shields, gloves and hand sanitizer were yesterday’s hot airfreight product. Now the cool shipments that people need right away are yoga pants, bikes and hot tubs.
Shanghai Pudong Airport is getting crushed by heavy cargo volumes. Add to the mix a lot of red tape for export clearance and shipments are experiencing long delays and missed flights.
A perfect storm of events has created the mother-of-all cargo bottlenecks at Shanghai’s Pudong airport, where shipments sit at a standstill in crowded warehouses waiting for overwhelmed Chinese customs officers to inspect outbound PPE shipments.
The coronavirus has created a weird market dynamic for airfreight in China. There is very little demand for scheduled flights to move manufactured goods, but charter flights are in high demand to get medical and relief supplies to China. And airfreight rates are poised to jump once Chinese factories fire back up.
Importers and exporters can expect shipping delays and skyrocketing transportation budgets associated with the logistics challenges in China associated with the coronavirus in China. But there are steps companies can take to minimize the damage to customers and their bottom lines.
Seko Logistics acquires Air-City to boost exposure in NYC and China
The ongoing political strife in Hong Kong is not directly slowing shipping activity at the world’s busiest cargo airport, but could gradually reshape supply chains in unexpected ways. A two-day occupation of passenger terminals at Hong Kong International Airport (HKIA) in August didn’t physically impact cargo facilities or freighter-dominant carriers, and the airport quickly resumed […]
Santa seems likely to leave some coal in the airfreight industry’s stocking this year, but some see 2020 turning to glitter if the industry can get past what is poised to be a difficult Q1.
Third-party logistics providers must be ready to optimize data, streamline communications and never stop evolving to be successful in today’s marketplace, said Mike Powell, chief technology officer of Chicago-based SEKO Logistics. “Third-party logistics providers need to figure out who you want to be. Don’t be afraid to make mistakes. If you make one, figure out […]
