Industrial Updates and News
Retailers Return to Bringing in Inventory ‘Just in Time’
01-28-2024
Inventory levels that surged during the pandemic are down and companies are reluctant to build new stockpiles Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find ...
Ocean Shipping Rates Surge as Red Sea Attacks Continue
01-22-2024
Average costs to ship a container have more than doubled in one month Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. ...
Medical logistics company divesting trucking, cross-dock operations
01-14-2024
Waltham, Massachusetts-based TruBlu Logistics, a subsidiary of Fresenius Medical Care North America, says it is divesting its private long-haul fleet in early February and will transition cross-dock shuttle operations to another logistics company by the ...
Warehouses to draw large investments on manufacturing demand
01-11-2024
In 2024, warehouses are set to draw substantial investor capital due to rising demand from manufacturers and third-party logistics (3PL) companies, with Cushman and Wakefield projecting the leasing of over 50 million square feet of grade A ...
Postal Service EV rollout off to shaky start
01-06-2024
Watchdog reveals failure by agency to prevent charging station equipment theft WASHINGTON — Stolen electric vehicle charging station equipment and office thefts at the U.S. Postal Service are troubling signs for agency watchdogs as the ...