SEKO Logistics’ executives address Peak Season potential amid economic backdrop
May 31, 2023
The intersection of Peak Season prospects, managing inventories, and economic indicators were some of the key themes highlighted on a recent media call hosted by Itsaca, Ill.-based third-party logistics (3PL) services provider and global freight forwarder SEKO Logistics.
FedEx and union-represented pilots reach terms on a tentative agreement
May 31, 2023
FedEx officials declined to comment on the agreement, outside of a brief statement issued by the company on May 30, which stated: “We are pleased to have reached a tentative agreement with our pilots as we continue delivering outstanding service to our customers around the world.”
National diesel average falls for the week of May 22, reports EIA
May 31, 2023
The national average fell 2.8 cents, to $3.855, per gallon, following a 1.4-cent decline, to $3.883, for the week of May 22.
Ocean shipping returns to pre-pandemic status
May 30, 2023
Following a year of record revenue for carriers, shipping analysts see the pendulum swinging in the other direction, as rates are decreasing, volumes are falling, and new capacity is coming online.
GEODIS expands drayage presence with acquisition of Southern Companies
May 30, 2023
A purchase price for the transaction was not disclosed. Southern Companies provides various import and export services, including warehousing and trucking, to ensure customer goods are moving swiftly through the supply chain.
Schneider Electric leads the Gartner Global Supply Chain Top 25
May 30, 2023
Four companies make the annual list for the first time, including Tesla.
Q&A: Jared Weisfeld, Chief Strategy Officer, RXO
May 30, 2023
Logistics Management Group News Editor Jeff Berman recently spoke with Jared Weisfeld, Chief Strategy Officer, for Charlotte-based RXO, the fourth-largest full truckload broker in the United States, and asset-light transportation services provider. Weisfeld provided Berman with a broad overview of how RXO views current market trends, including inventories, what may be in store for Peak Season, and capacity management, among others. Their conversation follows below.