This Week in Logistics Management
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| | Logistics Management News · October 25, 2023 |
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| Following heavy speculation in recent days that it was taking steps to wind down its business operations, Seattle-based digital freight broker Convoy is officially closing down its current core business operations, according to a company letter sent to Convoy employees from Convoy CEO and Co-Founder Dan Lewis. | | |
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| | Latest Logistics Management News |
| | | The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for September, at 113.9 (2015=100), was down 1.1%, following a 0.2% increase, to 115.3, in from July to August. | | |
| | | GXO officials said that with PFSweb in the fold it will expand GXO’s offering in high-growth verticals, including cosmetics and luxury goods, across North America and Europe by leveraging PFSweb’s relationships with more than 100 brands. | | |
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| | | The national average price per gallon headed up 10.1 cents, to $4.545 per gallon, marking the highest increase since a 13.9-cent increase, to $4.378, for the week of August 14. | | |
| | | Seasonal trends impacted lower spot market volumes and rates in the September edition of the DAT Truckload Volume Index. | | |
| | | Miami-based freight transportation and logistics services provider Ryder System Inc. said today it has inked a definitive agreement to acquire the outstanding equity of IFS Holdings LLC, also known as Impact Fulfillment Services (IFS), a provider of contract… | | |
| | | Speakers at recent ASCM conference explain why a global supply chain matters to individual businesses. | | |
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