Skip to content
Search AI Powered

Latest Stories

newsworthy

show me the money

Everybody knows that MBAs command sky-high salaries, but what's a newly minted MLOG worth? Apparently, quite a lot. Recent graduates of MIT's Master of Engineering in Logistics (MLOG) program are pulling down a median salary of approximately $90,000, according to a new survey from the Massachusetts Institute of Technology. That represents a raise of nearly 80 percent over what the students were earning when they entered the program just nine months earlier.

MIT's MLOG program, introduced five years ago, has an excellent track record of placing graduates in high-level positions, reports MLOG's executive director, Chris Caplice. And the word is apparently starting to get out: Applications for the program, which has produced more than 130 graduates, have grown 34 percent annually since its inception. This year's MLOG class was the largest to date.


Who are these MLOG students? The program continues to attract students interested in changing careers. One-third of new enrollees fit that category, says Caplice. "We had one student who was a structural engineer who is now at Cap Gemini working in their RFID area," he says. "We see a lot of people in mid-career looking for a change."

MIT's program was recently ranked number one among graduate programs in logistics and supply chain management by U.S. News & World Report, the third year in a row that MIT has received the accolade.

The Latest

More Stories

forklift carrying goods through a warehouse

RJW Logistics gains private equity backing

RJW Logistics Group, a logistics solutions provider (LSP) for consumer packaged goods (CPG) brands, has received a “strategic investment” from Boston-based private equity firm Berkshire partners, and now plans to drive future innovations and expand its geographic reach, the Woodridge, Illinois-based company said Tuesday.

Terms of the deal were not disclosed, but the company said that CEO Kevin Williamson and other members of RJW management will continue to be “significant investors” in the company, while private equity firm Mason Wells, which invested in RJW in 2019, will maintain a minority investment position.

Keep ReadingShow less

Featured

iceberg drawing to illustrate supply chain threats

GEP: six factors could change calm to storm in 2025

The current year is ending on a calm note for the logistics sector, but 2025 is on pace to be an era of rapid transformation, due to six driving forces that will shape procurement and supply chains in coming months, according to a forecast from New Jersey-based supply chain software provider GEP.

"After several years of mitigating inflation, disruption, supply shocks, conflicts, and uncertainty, we are currently in a relative period of calm," John Paitek, vice president, GEP, said in a release. "But it is very much the calm before the coming storm. This report provides procurement and supply chain leaders with a prescriptive guide to weathering the gale force headwinds of protectionism, tariffs, trade wars, regulatory pressures, uncertainty, and the AI revolution that we will face in 2025."

Keep ReadingShow less
supply chain workers counting boxes in warehouse

US Bank tracks top three supply chain impacts for 2025

Freight transportation sector analysts with US Bank say they expect change on the horizon in that market for 2025, due to possible tariffs imposed by a new White House administration, the return of East and Gulf coast port strikes, and expanding freight fraud.

“All three of these merit scrutiny, and that is our promise as we roll into the new year,” the company said in a statement today.

Keep ReadingShow less
chart of business concerns from descartes

Descartes: businesses say top concern is tariff hikes

Business leaders at companies of every size say that rising tariffs and trade barriers are the most significant global trade challenge facing logistics and supply chain leaders today, according to a survey from supply chain software provider Descartes.

Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.

Keep ReadingShow less
chart of shipping business conditions

Shippers Conditions index reached high-point in September

A measure of business conditions for shippers improved in September due to lower fuel costs, looser trucking capacity, and lower freight rates, but the freight transportation forecasting firm FTR still expects readings to be weaker and closer to neutral through its two-year forecast period.

Bloomington, Indiana-based FTR is maintaining its stance that trucking conditions will improve, even though its Shippers Conditions Index (SCI) improved in September to 4.6 from a 2.9 reading in August, reaching its strongest level of the year.

Keep ReadingShow less