Logistics

CMA CGM pledges $20bn investment in US shipping and logistics The world’s third largest container line plans to triple the size of its US-flagged fleet under American President Lines (APL).

Marseille-headquartered CMA CGM, which owns US-flag carrier APL, says it will invest $20 billion into the US maritime economy over the next four years. The investments are across shipping, ports, logistics, and air freight. #logistics #shipping

5 ways truck brokers are using AI to boost efficiency Companies like C.H. Robinson and ITS Logistics are turning to the technology to improve freight matching, trailer management and more.

Burke said freight matching is the “core application” for AI investment among brokers because it improves productivity. In the past, brokers would look at demand and available capability and match the two but with “little technology behind [the process],” Burke said. #AI #logistics #trucking

Broken Down? Supply Chain And Logistics Funding Diminishes Last year, logistics and supply chain management startups raised less than $6 billion in 741 announced funding deals, Crunchbase data shows. Those numbers are a steep drop from the nearly $28 billion ...

Venture funding for supply chain management and logistics startups such as Convoy, Uber Freight and Flexport surged during the pandemic. But in recent years, venture investment in the sector has plummeted an astounding 78% from its 2021 peak, and deal flow has likewise cratered. #logistics #vc

Small Warehouses Below 100 KSF Are Hard to Find Despite a rise in warehouse availability, businesses are having a tough time finding sub-100 KSF spaces due to limited new development.

The vacancy rate for warehouses under 100 KSF was 3.9% in Q4, significantly lower than the 6.7% overall warehouse vacancy rate. Developers have prioritized larger distribution centers, with only 8% of new warehouses built in 2024 under 100 KSF. #logistics #warehouse

How Hermes Fulfilment is Expanding its International Network Hermes Fulfilment is set to take over fashion brand bonprix's returns operations in Łódź, Poland, adding to its European logistics network

Hermes Fulfilment will expand its European operations and enhance efficiency by integrating bonprix’s Łódź returns facility into its wider logistics network. #Hermes #logistics

Beyond ground transportation: The rise of drone logistics - The Robot Report Drone logistics promises to transform the industry, as Research Nester examines innovations, key players, and future trends.

Autonomous flying machines could drastically change how businesses deliver goods, particularly in the last mile, which can account for as much as 50% of overall logistical expenses. The number of packages delivered by drone increased by more than 80.1% in 2022. #drone #logistics #lastmile

Managing Your Automated Warehouse https://www.inboundlogistics.com/articles/managing-your-automated-warehouse/

Top 20 AI Applications in the Supply Chain https://www.inboundlogistics.com/articles/top-20-ai-applications-in-the-supply-chain/

Trucking Industry Reports Predictably Weak Q2 https://www.ttnews.com/articles/trucking-industry-weak-q2

UPS uses AI, machine learning to match network capacity with lower volumes https://www.supplychaindive.com/news/ups-ai-machine-learning-technology-q2-earnings/690668/

Forward Air Plans Merger With Omni Logistics https://www.ttnews.com/articles/forward-air-omni-merge

Supply chain modernization ups Boston Beer Company’s margins https://www.supplychaindive.com/news/The-Boston-Beer-Company-Q2-Earnings-supply-chain-modernization-initiatives/690425/

UPS-Teamsters deal: 8 highlights in tentative contract https://www.supplychaindive.com/news/ups-teamsters-deal-highlights-tentative-national-contract/689713/

A Freight Glut Is Coming. Shippers Are in for a Long Haul @barrons.bsky.social https://www.barrons.com/articles/freight-glut-long-haul-48dc7bc8