Coyote to announce layoffs Friday, sources say
Coyote Logistics, a wholly owned subsidiary of UPS Inc. (NYSE: UPS), is expected to announce Friday that it will lay off approximately 200 people, according to people familiar with the matter.
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Ukraine faces logistics hurdles ahead of tank deliveries
BERLIN — Nearly a year into the war in Ukraine, Western allies finally agreed to send Kyiv the battle tanks it says it so desperately needs.
Truckers Expect an Inventory-Driven Rebound Later This Year
Freight executives say their customers have told them they plan bigger orders closer to the fall shopping season
Kuehne+Nagel and Apex Logistics receive the last Boeing 747-8 freighter ‘Empower.’ from Atlas Air
Apex Logistics International, a Kuehne+Nagel company, will put into operation the last Boeing 747-8 freighter as part of the long-term charter agreement with Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW). The aircraft will support customers on
Leading fashion destination ASOS appoints Maersk as its strategic global logistics partner
Liverpool – Maersk is pleased to announce a new multi-year partnership with ASOS, the global fashion e-commerce destination headquartered in the UK. ASOS has appointed Maersk as its strategic logistics partner for Supply Chain Management (SCM), supporting the growth of the FTSE 250-listed company.
FedEx cutting officer and director team jobs by more than 10%, CEO says
FedEx Corp. President and CEO Raj Subramaniam said the company is reducing the size of its officer and director team by more than 10% and “consolidating some teams and functions” in a memo to its team members on Wednesday.
Logistics giant Ryder to lay off 800 workers in Texas
Ryder System Inc. is set to lay off hundreds of employees after losing work at an Applied Materials semiconductor plant in Austin, Texas, according to a recent notice sent to state officials.
Hapag-Lloyd acquires share in J M Baxi Ports & Logistics Limited
Hapag-Lloyd signed a binding agreement today under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate. Additionally, Hapag-Lloyd AG signed a binding agreement with JMBPL and its promoters, the Kotak family,
Guardforce AI Secures Two Long-Term Contracts with Established Clients for Secured Logistics Services
These contracts strengthen the company’s leading position in secured logistics and cash handling within Thailand
Logistical challenge looms for Ukraine over promised tanks
The imminent arrival in Ukraine of Western-made light tanks and armoured vehicles, as well as possibly heavy tanks, means Kyiv will need to quickly train up troops to use and maintain the sometimes complex equipment, analysts say.