GXO Direct launches in UK with plans for future European expansion

Warehousing isn’t what it used to be. Today, vacancy rates are at historically low levels, and storing goods and materials is more expensive than ever. GXO Logistics (NYSE: GXO), the contract logistics spinoff of XPO Logistics, is one of a number of firms aiming to provide U.S. and Canadian retailers with a lower cost alternative…

International Roadcheck is quickly approaching; here’s how to prepare

International Roadcheck is set for May 16-18, marking the 35th year since the annual event began. Around 15 CMV inspections take place every minute during the three-day blitz, according to CVSA, making it the largest enforcement program involving commercial vehicles in the world. This year’s planned focuses will be anti-lock braking systems (ABS) and cargo…

Fintech platform Navix raises $5M, captures interest of industry angel investors

Logistics fintech platform Navix announced Tuesday it has secured $5 million in seed funding from several strategic and angel investors, including Tommy Barnes, logistics veteran and chief revenue officer of less-than-truckload platform MyCarrier, and Rob Estes, chairman and CEO of LTL carrier Estes Express Lines. In an interview with FreightWaves, Navix co-founder Eric Krueger explained…

Viewpoint: Optimizing inventory key for SMBs to beat shrinking warehouse landscape

By Chris Domby  The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. All companies are affected by a tightening warehouse landscape. For small to midsize businesses with relatively limited resources, the challenge is more acute. In this viewpoint, Chris Domby, chief supply…