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As the FreightTech industry continued its rapid evolution, 2023 presented unique challenges and valuable lessons for organizations adopting new technologies. From the impact of strategic investments to the hurdles faced in technology implementation, experts from all corners of the supply chain discussed with FreightWaves the current FreightTech landscape and shed light on the trends that…
Contract logistics provider GXO Logistics announced Wednesday it plans to close a distribution facility in Memphis, Tennessee, and lay off 211 employees. The layoffs will begin March 6 and the facility will shut down by April 27, according to a filing with the Tennessee Department of Labor and Workforce Development. Greenwich, Connecticut-based GXO (NYSE: GXO)…
A.P. Moller-Maersk has announced it will begin using a freight railroad to bypass the drought-stricken Panama Canal, as low water levels have forced authorities to limit the number of large ships passing through. The shipping container giant said Wednesday its Oceania-Americas (OC1) service, which normally uses cargo ships to transit the canal, will instead utilize…
One of the more popular misconceptions about supply chain management is that it exclusively focuses on the stage when goods move toward their final destination in trucks over the road. Dr. Andrea Patrucco and his colleagues at Florida International University College of Business (FIU Business) regularly dispel such misconceptions among new students. In fact, there…