Logistics operators hired at a brisk pace in June as companies serving the e-commerce market brought on more than 80,000 workers and factories started resuming production following coronavirus-triggered shutdowns. Trucking companies also added 8,100 jobs from May to June, the biggest one-month gain in the sector since September 2018, according to seasonally adjusted preliminary employment figures the U.S. Bureau of Labor Statistics released Thursday.
Pilot Freight Services, a worldwide provider of transportation and logistics services, has acquired five franchise stations in strategic markets in the Midwest and along the US and Mexico border. The franchises, located in Wisconsin, Texas and Mexico, were attractive assets due to strong historical growth and operational performance.
Shares of FedEx Corp (FDX) jumped 9.4% in extended trading on Tuesday after a surge in pandemic-fueled home deliveries helped the U.S. package carrier post better-than-expected quarterly profit and revenue. Adjusted profit at Memphis-based FedEx (FDX) fell by almost 50% to $663 million, or $2.53 per share, for the quarter ended May 31.
U.S. package delivery company FedEx Corp (FDX) said it would not issue a 2021 forecast after its fiscal fourth quarter adjusted profit tumbled amid a deadly pandemic that is upending lives and commerce around the globe.
RateLinx, a leading supply chain, freight audit, and logistics visibility platform just announced a new, complimentary freight audit analysis available for shippers looking to improve transportation efficiencies and effectively implement cost-savings initiatives.
The report provides a detailed insight into the rural clinical and healthcare logistics market in 2020-2024 and forecasts its growth rate and market value by end year. This press release features multimedia. The rural clinical and healthcare logistics market will grow by USD 1.73 billion at a CAGR of over 5% over the forecast period.
Officials in Beijing are carrying out nucleic acid tests on all food and parcel delivery personnel as they ramp up efforts to rein in an outbreak of the coronavirus in the Chinese capital, state-backed Beijing News reported on Saturday.
An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50% above normal levels, are falling in a worrying trend for airlines relying on freight revenue in the absence of passengers.
SAN FRANCISCO, June 18, 2020 The global automotive logistics market size is expected to reach USD 222.3 billion by 2027, registering a CAGR of 5.8% from 2020 to 2027, according to a new report by Grand View Research, Inc. The growth of the market is directly linked to the demand for automobile and automobile parts, development of comprehensive world-wide trade flow, and existing economic enviro...
Supply & Demand Chain Executive, the executives user manual for successful supply and demand chain transformation, has selected RateLinx as a recipient of the SDCE 100 Award for 2020. The SDCE 100 spotlights successful and innovative projects that deliver bottom-line value to small, medium, and large enterprises across the range of supply chain functions.
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