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  • James F. Lamb, vice president of marketing and sales with Drives Inc. of Fulton, Ill., has been elected the 64th president of the Conveyor Equipment Manufacturers Association. He succeeds Bill Casey, vice president production and assembly systems at SI Systems/Paragon Technologies Inc. of Easton, Pa.
  • Fortna announces the appointment of George Schade to senior storage media engineer. Schade, who will be involved with projects from the initial sales contacts through design concepts and final implementation, will focus primarily on storage media applications.
  • Integrated Warehousing Solutions LLC has appointed Joel Epstein as the company's new chief technology officer (CTO). Previously manager of systems integration, he has been with Integrated Warehousing Solutions for four years.
  • TNT Logistics North America has announced the promotion of Steve M. Gundlach to the position of general manager of its fast-moving consumer goods (FMCG) business sector. In his new role, Gundlach will be responsible for new sales growth and continuous improvements in operations within the TNT Logistics FMCG sector in the United States, Canada and Mexico.
  • Schneider Logistics Inc. has announced that Jack Gross has joined the company as vice president of business development. His primary responsibility will be to oversee all Schneider Logistics sales activities as well as Schneider's freight brokerage business.
  • Ralph Petrek has joined Nissan Forklift Corp. as vice president of customer satisfaction, replacing the retired Larry Borre.

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Report: Five trends in AI and data science for 2025

Report: Five trends in AI and data science for 2025

Artificial intelligence (AI) and data science were hot business topics in 2024 and will remain on the front burner in 2025, according to recent research published in AI in Action, a series of technology-focused columns in the MIT Sloan Management Review.

In Five Trends in AI and Data Science for 2025, researchers Tom Davenport and Randy Bean outline ways in which AI and our data-driven culture will continue to shape the business landscape in the coming year. The information comes from a range of recent AI-focused research projects, including the 2025 AI & Data Leadership Executive Benchmark Survey, an annual survey of data, analytics, and AI executives conducted by Bean’s educational firm, Data & AI Leadership Exchange.

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East and Gulf coast strike averted with 11th-hour agreement

Shippers today are praising an 11th-hour contract agreement that has averted the threat of a strike by dockworkers at East and Gulf coast ports that could have frozen container imports and exports as soon as January 16.

The agreement came late last night between the International Longshoremen’s Association (ILA) representing some 45,000 workers and the United States Maritime Alliance (USMX) that includes the operators of port facilities up and down the coast.

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Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

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forklifts in warehouse

Demand for warehouse space cooled off slightly in fourth quarter

The overall national industrial real estate vacancy rate edged higher in the fourth quarter, although it still remains well below pre-pandemic levels, according to an analysis by Cushman & Wakefield.

Vacancy rates shrunk during the pandemic to historically low levels as e-commerce sales—and demand for warehouse space—boomed in response to massive numbers of people working and living from home. That frantic pace is now cooling off but real estate demand remains elevated from a long-term perspective.

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drawing of warehouse for digital twin

Kion Group teams with Accenture and Nvidia to design intelligent warehouses

German lift truck giant Kion Group will work with the consulting firm Accenture to optimize supply chain operations using advanced AI and simulation technologies provided by microchip powerhouse Nvidia, the companies said Tuesday.

The three companies say the deal will allow clients to both define ideal set-ups for new warehouses and to continuously enhance existing facilities with Mega, an Nvidia Omniverse blueprint for large-scale industrial digital twins. The strategy includes a digital twin powered by physical AI – AI models that embody principles and qualities of the physical world – to improve the performance of intelligent warehouses that operate with automated forklifts, smart cameras and automation and robotics solutions.

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