News

Maersk has raised its full-year financial outlook after second-quarter revenue jumped 20% year-over-year, fueled by higher ocean freight rates and strong demand across its businesses.

Cargo theft is no longer just a problem of broken seals, stolen trailers and opportunistic theft on the roadside. That world still exists, but it is no longer the main story. The real shift is happening upstream, inside the digital workflows on which logistics depends every day: quoting, carrier onboarding, load boards, document exchange and payment. That is where fraud is now hiding.

Mexico’s wave of World Cup investment has received some bad press. Critics estimate the country has poured roughly $12 billion into infrastructure for a tournament that will generate about $3 billion in direct economic impact. Add several delayed, rushed, or sub-par project deliveries and it makes sense that the whole ordeal gets painted as a story about overspending and under-delivering.

The Ports of Los Angeles and Long Beach have agreed to provide more incentives for companies to encourage the use of cleaner ships and zero-emission trucks.

As millions of fans from dozens of countries have flooded into North America for the World Cup, it’s become easy to get caught up in the fervor of the largest sporting event in the world. What’s easily overlooked, though, is the years of logistical preparation that go into ensuring that cities are prepared, stadiums are properly outfitted, and merchandise is well-stocked.

The CMA CGM Group, which owns the third largest ocean carrier in the world, announced July 1 an agreement to buy FedEx Supply Chain, a subsidiary of FedEx Corp, citing a $1.4 billion enterprise value — the combination of a company’s market capitalization with debt, after subtracting cash.

For many logistics operators, the challenge of the last few years stem from a combination of pressures hitting all at once. From fuel costs to labor shortages, operations teams are being forced to become more agile and proactive than ever before.

Amazon is expanding its “ultra-fast” 30-minute deliveries to dozens of U.S. cities, after trialing the program in Philadelphia and Seattle late last year.

Amazon has announced the launch of Amazon Supply Chain Services (ASCS), which extends its internal logistics operations initially limited to its own retail business to companies of all types.

Fleet managers operate within highly complex supply chain ecosystems, relying on multiple tools to ensure seamless operations. Fleets integrate diverse solutions, from telematics and fuel management to maintenance coordination and compliance tracking, to maintain efficiency.