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accolades: awards and recognition

  • Crowned in Ohio. Crown Equipment Co. has earned the Ohio Governor's Award for Outstanding Achievement in Environmental Stewardship. The New Bremen, Ohio-based lift truck maker was recognized for its efforts to reduce waste at its manufacturing plants, including the installation of an efficient powder coat paint system. Crown was one of nine companies and organizations to receive the award from Ohio Governor Ted Strickland and the Ohio EPA.
  • In the PINC. PINC Solutions, a developer of realtime visibility solutions, has been named one of the Red Herring Top 100 Global Companies. Red Herring, a media company that specializes in technology and innovation, chose its top 100 from a pool of 1,800 eligible companies that were evaluated on financial performance, innovation, management, global strategy, and ecosystem integration.
  • I'll take Manhattan. Fortna has been named one of Manhattan Associates' top partners for 2008. The recognition is based on significant joint sales and successful implementation projects with Manhattan Associates during the course of last year. Fortna was one of only five companies to earn that distinction.
  • Tops on the truck. Terrence Alexander is the winner of OHL's most recent Top Gun Competition, an annual event that pits forklift drivers against their peers from OHL sites throughout the United States. Alexander, who has worked for nine years at the third-party logistics company's McDonough, Ga., facility, beat out 17 other drivers in a final competition. The finals consisted of a written test, a forklift inspection, and a test that required him to maneuver a table set with china and champagne glasses through an obstacle course.
  • Get your motors running. Yamaha Motor Corp. has named Southeastern Freight Lines as its Regional LTL Carrier of the Year. This is the first year that Yamaha has given out the award.
  • More power to ya. Emerson, a power, process management, industrial automation, and appliance company, has given APL Logistics its Marquee Supplier award. The award program, now in its second year, recognizes suppliers that provide superior service and quality in aligning with the power company's strategic initiatives.

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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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DHL: small businesses wary of uncertain times in 2025

As U.S. small and medium-sized enterprises (SMEs) face an uncertain business landscape in 2025, a substantial majority (67%) expect positive growth in the new year compared to 2024, according to a survey from DHL.

However, the survey also showed that businesses could face a rocky road to reach that goal, as they navigate a complex environment of regulatory/policy shifts and global market volatility. Both those issues were cited as top challenges by 36% of respondents, followed by staffing/talent retention (11%) and digital threats and cyber attacks (2%).

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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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