logistics

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet requirements of customers or corporations.

Source: en.wikipedia.org

Logistics Startups Slash Jobs as Freight Volumes Drop
Logistics Startups Slash Jobs as Freight Volumes Drop
January 29, 2024  |  Transportation

Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the...

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Flexport Reportedly Plans to Lay Off 20% of Staff
Flexport Reportedly Plans to Lay Off 20% of Staff
January 28, 2024  |  Supply Chain

Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500...

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Letting AI Take the Wheel for Logistics Can Add Efficiency, RXO Says
Letting AI Take the Wheel for Logistics Can Add Efficiency, RXO Says
January 26, 2024  |  Artificial Intelligence

The transport industry is the heart of commerce and the linchpin of a functional economy. Moving goods more efficiently, more effectively and at the lowest...

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Letters of Credit Still Relevant for Mid-Market Firms’ Working Capital Needs
Letters of Credit Still Relevant for Mid-Market Firms’ Working Capital Needs
January 25, 2024  |  Loans

The adoption of external working capital solutions continues to be widespread globally among growth corporates, commonly known as middle-market firms. This practice has enabled companies...

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World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
January 17, 2024  |  Connected Economy

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report,...

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Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
January 16, 2024  |  Earnings

Freightos, a vendor-neutral booking and payment platform for the international freight industry, reported record transactions for the fourth quarter of 2023. The company recorded 286,900...

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FedEx to Launch eCommerce Platform in Fall
FedEx to Launch eCommerce Platform in Fall
January 15, 2024  |  eCommerce

FedEx will roll out an eCommerce platform in the fall. The new fdx platform will help eCommerce merchants optimize demand, conversion, fulfillment, carbon footprint, visibility,...

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Pitney Bowes Takes on Amazon With PackageHub Returns Partnership
Pitney Bowes Takes on Amazon With PackageHub Returns Partnership
January 03, 2024  |  Partnerships

Shipping and mailing company Pitney Bowes launched a returns drop-off network with PackageHub. The network allows for no-cost, “no-box and no-label returns” at nearly 1,000...

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How AI Is Optimizing Trucking Operations
How AI Is Optimizing Trucking Operations
December 29, 2023  |  artificial intelligence

A lot can change in a year, and artificial intelligence (AI) is the perfect example. “Artificial intelligence has been in the market for a lot...

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