The present-day conditions of Brazil's logistics market raise major concerns due to the complexity and inefficiency of its current state. While freight robberies declined by 23% in 2021, financial impacts are still seen at almost 200 million USD for both cargo shippers and carriers, in Latin America's largest country.
-American Airlines Group Inc (AAL) on Thursday forecast returning to profitability in March, after reporting a smaller fourth-quarter loss, but said cost pressures would remain elevated this year due to the Omicron coronavirus variant-induced turmoil.
United Airlines Holdings (UAL) on Wednesday trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss, citing turbulence from the Omicron coronavirus variant. The Chicago-based carrier said the latest wave of the health crisis has depressed near-term demand even as bookings for the spring and beyond remain strong.
United Airlines Holdings (UAL) on Wednesday trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss, citing turbulence from the Omicron coronavirus variant. The Chicago-based carrier said the latest wave of the health crisis has depressed near-term demand even as bookings for the spring and beyond remain strong.
Sleek Technologies, the leader in freight procurement automation, today announced the release of its 2022 State of Freight Procurement Research Report. COVID-19 has fundamentally changed the way the entire logistics industry operates particularly when it comes to freight procurement, said Mike Nervick, CEO and Co-Founder of Sleek Technologies.
3PL Central, a leader in cloud-based Warehouse Management Systems and Order Management Systems built to meet the unique omnichannel fulfillment needs of both third-party logistics warehouses and brands, launched its fifth annual State of the Third-Party Logistics Industry Report highlighting several key trends and best practices for companies in the supply chain and logistics industry.
Sri Lankan shares extended gains to a second session on Thursday, closing more than 1% higher as financial and industrial stocks advanced. * At the close of trade, the CSE All-Share index was up 1.64% at 13,338.49 points. * Conglomerate LOLC Holdings and logistics firm Expolanka Holdings were among the top boosts to the index, climbing 5.6% and 1.7% respectively.
Sri Lankan shares ended lower for a second straight session on Tuesday, dragged down by losses in industrial and financial stocks. * The CSE All-Share index closed 0.29% down at 13,079.65. * Conglomerate LOLC Holdings and logistics firm Expolanka Holdings were the top drags to the index, falling 1.9% and 1.4%, respectively.
LAS VEGAS, Jan. 05, 2022 -- Visteon (VC), a leading global technology company serving the mobility industry, will showcase its suite of electrification electronics designed to support the global growth of electric vehicles and the electrification trends of OEM customers at CES® 2022.
Werner Enterprises (WERN), a premier transportation and logistics provider, announced Nurcan Nunu Dueman, Werner EDGE Digital Platform Product Manager, was selected as a recipient of Heavy Duty Truckings Emerging Leaders award for 2021. As the product manager for Werners digital carrier platform, Dueman leverages her knowledge and experience to drive growth initiatives and profitability.
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