Skip to content
Search AI Powered

Latest Stories

inbound

Logistics gives back

Here's our monthly roundup of some of the charitable works and donations by companies in the material handling and logistics space.

Logistics gives back
  • Employees of Rockford, Ill.-based supply chain and technology integrator SupplyCore Inc. raised $15,430 for local charities this year, setting a new record. SupplyCore matched the amount raised, bringing the total to $30,860. All proceeds were donated to four not-for-profit organizations, including Youth Services Network, the disability services group RAMP, Walter Lawson's Children's Home, and the Veterans' Drop-In Center.
  • A team of 68 walkers and volunteers (in photo above) from Maxim Truck & Trailer, a Canadian retailer of new and used trucking equipment, raised $230,024 for CancerCare Manitoba at the foundation's 2019 Challenge for Life event. Maxim has raised $1,527,244 for the organization since the event's inception in 2008. The CancerCare Manitoba Foundation helps patients and their families throughout Manitoba, northwestern Ontario, and Nunavut who are dealing with a cancer diagnosis.
  • Thomasville, N.C.-based less-than-truckload carrier Old Dominion Freight Line Inc. has joined the American Red Cross's Disaster Responder Program and pledged $250,000 to the cause. Disaster Responder members—along with their employees and customers—pledge financial and in-kind donations in advance of disasters, providing the Red Cross with infrastructure, trained volunteers, technology, and other resources necessary to support those in crisis.

The Latest

More Stories

team collaborating on data with laptops

Gartner: data governance strategy is key to making AI pay off

Supply chain planning (SCP) leaders working on transformation efforts are focused on two major high-impact technology trends, including composite AI and supply chain data governance, according to a study from Gartner, Inc.

"SCP leaders are in the process of developing transformation roadmaps that will prioritize delivering on advanced decision intelligence and automated decision making," Eva Dawkins, Director Analyst in Gartner’s Supply Chain practice, said in a release. "Composite AI, which is the combined application of different AI techniques to improve learning efficiency, will drive the optimization and automation of many planning activities at scale, while supply chain data governance is the foundational key for digital transformation.”

Keep ReadingShow less

Featured

manufacturing job growth in US factories

Savills “cautiously optimistic” on future of U.S. manufacturing boom

The U.S. manufacturing sector has become an engine of new job creation over the past four years, thanks to a combination of federal incentives and mega-trends like nearshoring and the clean energy boom, according to the industrial real estate firm Savills.

While those manufacturing announcements have softened slightly from their 2022 high point, they remain historically elevated. And the sector’s growth outlook remains strong, regardless of the results of the November U.S. presidential election, the company said in its September “Savills Manufacturing Report.”

Keep ReadingShow less
dexory robot counting warehouse inventory

Dexory raises $80 million for inventory-counting robots

The British logistics robot vendor Dexory this week said it has raised $80 million in venture funding to support an expansion of its artificial intelligence (AI) powered features, grow its global team, and accelerate the deployment of its autonomous robots.

A “significant focus” continues to be on expanding across the U.S. market, where Dexory is live with customers in seven states and last month opened a U.S. headquarters in Nashville. The Series B will also enhance development and production facilities at its UK headquarters, the firm said.

Keep ReadingShow less
container cranes and trucks at DB Schenker yard

Deutsche Bahn says sale of DB Schenker will cut debt, improve rail

German rail giant Deutsche Bahn AG yesterday said it will cut its debt and boost its focus on improving rail infrastructure thanks to its formal approval of the deal to sell its logistics subsidiary DB Schenker to the Danish transport and logistics group DSV for a total price of $16.3 billion.

Originally announced in September, the move will allow Deutsche Bahn to “fully focus on restructuring the rail infrastructure in Germany and providing climate-friendly passenger and freight transport operations in Germany and Europe,” Werner Gatzer, Chairman of the DB Supervisory Board, said in a release.

Keep ReadingShow less
containers stacked in a yard

Reinke moves from TIA to IANA in top office

Transportation industry veteran Anne Reinke will become president & CEO of trade group the Intermodal Association of North America (IANA) at the end of the year, stepping into the position from her previous post leading third party logistics (3PL) trade group the Transportation Intermediaries Association (TIA), both organizations said today.

Reinke will take her new job upon the retirement of Joni Casey at the end of the year. Casey had announced in July that she would step down after 27 years at the helm of IANA.

Keep ReadingShow less