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Think Tank
Logistics: Page 229
Hyper-Automating the Retail Returns Process
The problem of omnichannel retail returns is one that must be addressed.
GEODIS Announces Acquisition of Southern Companies
The French logistics company's acquisition will result in more than 80 Southern Companies employees across the United States joining GEODIS.
Life Science Companies Underutilize Real-Time Data but Invest in ESG Initiatives
Less than 50% of life science companies currently have access to real-time data while less than a third use this data to make real-time business decisions.
UPS Healthcare Opens New Logistics Facility in Singapore
The new 93,646-square-foot facility located in Tuas, Singapore will be able to store healthcare products in temperatures ranging from -176 degrees to 77 degrees Fahrenheit.
Ocean Freight Rates Drop to 2019 Levels
With more capacity from shipbuilders on the way, shipping companies have limited leverage in what’s become a buyers’ container market.
Adnoc Boosts Size of Logistics Unit IPO to $769 Million Amid Strong Demand
Lower oil prices and concerns about slower economic growth globally have weighed on the market, and the MSCI GCC Countries Index has fallen almost 13% in the past year.
U.S.-Led Pacific Trade Talks Close to Reaching Supply Chains Pact
Negotiators would reportedly like to announce an agreement regarding Indo-Pacific trade talks at a meeting of ministers taking place in Detroit on May 27.
Strategies for Managing Port Congestion and Container Shortages
Companies around the world must adopt new strategies to limit supply chain disruptions.
Port of Los Angeles Shipping Volumes Fell 22% Year-on-Year
Through the first four months of 2023, the Port of Los Angeles processed over 2.5 million TEUs, a 29% drop-off compared to the first four months of 2022.
FMC fines ONE and Wan Hai Lines $2.65mn
Ocean Network Express and Wan Hai Lines were fined for unwarranted container detention charges by the FMC.
Jaguar Owner Tata Leans Toward U.K. Over Spain for Battery Plant
Tata Group, the parent company of Jaguar Land Rover, is reportedly leaning toward the U.K. as the location for the company's next major battery plant.
Target Earnings Flat as Shoppers Stick to Basics
Shoppers are pulling back on discretionary items like electronics and home projects and instead focusing on home essentials.
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