Skip to content
Search AI Powered

Latest Stories

newsworthy

short takes

Donald Pratt died at the age of 72 in Charlotte, N.C. For more than 20 years, Pratt was the head of Carolina Handling, one of material handling equipment manufacturer Raymond's largest dealers. He took the company from three employees to over 200 at his retirement. Pratt also founded battery-changing company Multi-Shifter in 1974. … Port terminal operator MTC Holdings is being purchased by Highstar Capital, a subsidiary of AIG Global Investment Group. Headquartered in San Francisco, MTC is one of the largest independent terminal operators on the West Coast and is growing its operations on the East Coast. … Old Dominion Freight Line has opened a new service center in Long Beach, Calif. … Kansas-based supply chain consulting firm Xelocity has acquired PPM Ltd., a consulting and training company based in New Zealand and South Africa. … Horizon Lines has signed a letter of intent to purchase Honolulu-based Hawaii Stevedores. … RedPrairie has announced a standard integration of its products with the Microsoft Dynamics GP enterprise resource planning suite. The objective of the integration is to enable faster and less costly implementations. … Third-party logistics company C.H. Robinson Worldwide has expanded operations in Southeast Asia with the opening of a new office in Singapore. … Also in Singapore, Menlo Worldwide has acquired Singaporebased Cougar Logistics Corp., which includes Cougar Express Logistics, a freight forwarding, warehousing, logistics, and distribution management company. … A newly formed company, Goods Movement Inc., has acquired design and integration firm W&H Systems, headquartered in Carlstadt, N.J. Goods Movement, which is based in Rancho Dominguez, Calif., will add W&H to its portfolio, which now includes Total Transportation Services and North American Conveyor Inc.

The Latest

More Stories

Logistics gives back: October 2024

For the past seven years, third-party service provider ODW Logistics has provided logistics support for the Pelotonia Ride Weekend, a campaign to raise funds for cancer research at The Ohio State University’s Comprehensive Cancer Center–Arthur G. James Cancer Hospital and Richard J. Solove Research Institute. As in the past, ODW provided inventory management services and transportation for the riders’ bicycles at this year’s event. In all, some 7,000 riders and 3,000 volunteers participated in the ride weekend.


Keep ReadingShow less

Featured

siemens logistics airport buggage

Vanderlande to acquire Siemens Logistics for $325 million

The logistics process automation provider Vanderlande has agreed to acquire Siemens Logistics for $325 million, saying its specialty in providing value-added baggage and cargo handling and digital solutions for airport operations will complement Netherlands-based Vanderlande’s business in the warehousing, airports, and parcel sectors.

The acquisition has received approval from the Supervisory and Management Boards of both Vanderlande and its parent company Toyota Industries Corporation (TICO) as well as the Management Board of parent company Siemens AG.

Keep ReadingShow less

Resilience is a daily fight

I recently came across a report showing that 86% of CEOs around the world see resiliency problems in their supply chains, and that business leaders are spending more time than ever tackling supply chain-related challenges. Initially I was surprised, thinking that the lessons learned from the Covid-19 pandemic surely prepared industry leaders for just about anything, helping to bake risk and resiliency planning into corporate strategies for companies of all sizes.

But then I thought about the growing number of issues that can affect supply chains today—more frequent severe weather events, accelerating cybersecurity threats, and the tangle of emerging demands and regulations around decarbonization, to name just a few. The level of potential problems seems to be increasing at lightning speed, making it difficult, if not impossible, to plan for every imaginable scenario.

Keep ReadingShow less
AI tops digital supply chain investment priorities

AI tops digital supply chain investment priorities

Investing in artificial intelligence (AI) is a top priority for supply chain leaders as they develop their organization’s technology roadmap, according to data from research and consulting firm Gartner.

AI—including machine learning—and Generative AI (GenAI) ranked as the top two priorities for digital supply chain investments globally among more than 400 supply chain leaders surveyed earlier this year. But key differences apply regionally and by job responsibility, according to the research.

Keep ReadingShow less
voting stickers for election results analysis

Report: Manufacturing leaders should think beyond November election

U.S. manufacturing leaders should think beyond November and focus on responsiveness for building long-term success regardless of who occupies the Oval Office in 2025, according to a report from Propel Software about uncertainty on business conditions as the presidential election approaches.

Regardless of the elected administration, the future likely holds significant changes for trade, taxes, and regulatory compliance. As a result, it’s crucial that U.S. businesses avoid making decisions contingent on election outcomes, and instead focus on resilience, agility, and growth, according to California-based Propel, which provides a product value management (PVM) platform for manufacturing, medical device, and consumer electronics industries.

Keep ReadingShow less