In 2022, U.S. business logistics costs, or what is spent to keep the nation’s logistics network humming, grew by an astounding 19.6% to a record $2.3 trillion, representing 9.1% of national gross domestic product, according to the 34th annual State of Logistics Report. On a percentage basis, financial cost of inventory led the way with…
Paccar Inc. is recalling 4,914 Peterbilt Model 579 Class 8 tractors that have experienced six under hood fires. A misplaced fastener can chafe alternator cable insulation. No injuries or deaths have resulted. On certain Model 579 trucks equipped with a Paccar MX-13 engine and Paccar 160-amp alternator, the alternator positive cable may chafe against the…
Todd Souder, head of digital brokerage at Uber Freight, readily concedes that digital brokerages early on had a reputation for strong technology and poor customer service. In an interview with FreightWaves, he said automation at Uber Freight will always be “a big push for us.” But it had its shortcomings. “I think digital brokerage got a…
Fulfillment platform Flowspace has acquired omnichannel software provider RetailOps to expand its network and product capabilities. After integrating the omnichannel technology into Flowspace’s suite of supply chain tools, company leadership said they look forward to expediting product development while leveraging RetailOps’ technical team for the 500-plus brands it powers. Related: Flowspace raises $31M for omnichannel…
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