Echo Global Logistics inks definitive agreement to acquire Roadtex

Chicago-based third-party logistics and technology-enabled transportation services provider Echo Global Logistics said this week that it has inked a definitive agreement to acquire Somerset, N.J.-based Roadtex Transportation Corporation, a national provider of integrated temperature-controlled supply chain services, for the confectionary, food, nutrition, and pharmaceutical mass retailer end-markets. A purchase price was not disclosed. Established in 1922,… Continue reading Echo Global Logistics inks definitive agreement to acquire Roadtex

Global Logistics: Forwarders face unstable times

Some observers expect further lockdowns in China, say nothing of the disruptions and concerns caused by the Russian invasion of Ukraine. “In January 2021, people said surely things cannot get worse in the new year,” says Lars Jensen, CEO and partner of Vespucci Maritime. “Then 2021 happened, and now we have a dĂ©jĂ  vu in 2022 with… Continue reading Global Logistics: Forwarders face unstable times

2022 Technology Roundtable: The future of software and automation is now

The impact of digital commerce cuts across every retail, manufacturing and distribution operation, and is putting pressure on all the major modes of transportation and the distribution center (DC) and fulfillment operations that keep supply chains fluid. To help keep pace, savvy logistics professionals are applying more supply chain management software and technology than ever… Continue reading 2022 Technology Roundtable: The future of software and automation is now

2022 Less Than Truckload Study: Trials and tribulations of rising rates

The last two years have been anything but normal, and when considering the state of the less-than-truckload (LTL) market that fact couldn’t be truer for shippers and carriers. And while things appear to be improving on the pandemic front, a host of issues continue to linger over the LTL sector, including inflation, continued capacity issues… Continue reading 2022 Less Than Truckload Study: Trials and tribulations of rising rates

Q1 industrial real estate activity sees continuation of strong market conditions, reports JLL

Data issued today by Chicago-based industrial real estate firm JLL highlighted very strong fundamentals for the U.S.-based industrial real estate market, for the first quarter. In its “U.S. Industrial Outlook: Q1 2022,” JLL observed various takeaways reflecting how competitive market conditions continue to give landlords what JLL Senior Director Mehtab Randhawa called the edge in… Continue reading Q1 industrial real estate activity sees continuation of strong market conditions, reports JLL

GXO Logistics posts strong Q1 2022 earnings results

First quarter 2022 earnings for Greenwich, Conn.-based global contract logistics services provider GXO Logistics saw strong results, the company reported earlier today. This was GXO’s third standalone earnings release since it was spun off from XPO Logistics in August 2021. GXO reported that first quarter revenue saw a 14% annual gain, to $2.1 billion. Net income… Continue reading GXO Logistics posts strong Q1 2022 earnings results

Tracking the digital transformation of the supply chain

Once a distant vision that few organizations could attain, the digital supply chain has come into full focus as companies across all industries adopt the technologies, re-imagine their processes and embrace the changes necessary to orchestrate an end-to-end digital supply chain. This can mean different things depending on the organization—some are further along on this… Continue reading Tracking the digital transformation of the supply chain

2022 Robotics Survey: The logistics robots have arrived

The optimization, integration, automation and management of material goods and data within the four walls of a warehouse or distribution center (DC), intralogistics has been getting a lot of attention lately due to the ongoing impacts of the pandemic, the growing labor shortage, the uptick in e-commerce orders and ever-evolving consumer preferences. The exhibition hall… Continue reading 2022 Robotics Survey: The logistics robots have arrived

Look back at MODEX Show 2022

Dematic showcases fulfillment automation tools’ interactive zones Dematic’s team in the booth invited attendees to experience interactive zones tailored to different industries. Dematic’s booth invited attendees to experience interactive zones tailored to grocery, apparel, food and beverage, and general merchandising industries. Touchscreen monitors provided attendees with information about the company’s various fulfillment tools. Tools include Dematic… Continue reading Look back at MODEX Show 2022

Lift Truck Series: Lift trucks take the path to autonomy

Not long ago, people would have raised eyebrows at the prospect of autonomous lift trucks on the warehousing floor. After all, lift truck drivers were real people in need of real jobs. Not only that, but the decision making required for safely and efficiently operating lift trucks was something best left to humans. Machines were… Continue reading Lift Truck Series: Lift trucks take the path to autonomy