A network of logistics hubs across the United States has secured federal funding, specifically earmarked for local infrastructure development. This initial investment targets three of the 36 logistics
by Kuehne+Nagel Lifts Full-Year Outlook Amid Robust Market
Global freight forwarder Kuehne+Nagel (K+N) has announced an upward revision to its full-year forecast. The company attributes this positive adjustment to a strengthening market environment. This move
by Update: Maersk to open $100M fulfillment hub in Massachusetts
Global logistics giant Maersk is set to open a substantial new fulfillment hub this August. The 617,000-square-foot facility, located near Boston, represents a $100 million investment. It will primari
by DSV Revises Annual Forecast After Robust First-Half Performance
DSV has revised its full-year financial outlook, narrowing its forecast following a strong performance in the first half of the year. The global forwarder experienced significant momentum throughout t
by MPV Capacity Relief Expected to Be Fleeting for Shippers
Shippers may experience a temporary reprieve as Multi-Purpose Vessel (MPV) capacity shows signs of easing. This brief relief, however, is anticipated to be short-lived. Projections for July indicate t
by ArcBest Implements Strategic Network and Subsidiary Adjustments
ArcBest is undertaking significant strategic changes across its operations. The company plans to reduce its Less-Than-Truckload (LTL) network. Simultaneously, it will merge its truckload and logistics
by J.B. Hunt’s Intermodal Volume Soars Amid Market Pressures
J.B. Hunt achieved a company record for intermodal volume during the second quarter. This performance reflects a significant shift in logistics strategies. Shippers increasingly rely on intermodal tra
by US LTL Sector Expands, Still Seeks Full Capacity
Less-than-truckload (LTL) carriers across the United States are actively expanding their operational networks. This strategic push involves adding new terminals and enlarging existing facilities natio
by Update: Walmart bets on AI and digital twins to shape its supply chain strategy
Walmart integrates Artificial Intelligence (AI) and digital twin technologies to strengthen its global supply chain. These tools ensure efficient global product distribution, helping the retailer navi
by Digital Transformation Fuels Always-On Supply Chains
Experts speaking at Supply Chain Dive’s recent outlook event have affirmed that “always-on” supply chains are rapidly becoming the industry standard. Manufacturers and retailers who proactively invest