logistics

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet requirements of customers or corporations.

(source: en.wikipedia.org)

Report: Most of Amazon’s $1 Billion Logistics Fund Remains Untouched
Report: Most of Amazon’s $1 Billion Logistics Fund Remains Untouched
June 05, 2023  |  Amazon

After more than a year, Amazon’s $1 billion logistics fund is reportedly 90% unspent. The retail giant unveiled the Amazon Industrial Innovation Fund in April 2022, with...

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Big Box Stores Opt for Smaller Warehouse Operations
Big Box Stores Opt for Smaller Warehouse Operations
June 05, 2023  |  Retail

Retailers have begun scaling back their warehouse and logistics operations amid changing consumer spending patterns. That’s according to a report Monday (June 5) by The...

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Uber Freight Says Digital Payments Help Transportation Firms Battle Rising Tide of Fraud
Uber Freight Says Digital Payments Help Transportation Firms Battle Rising Tide of Fraud
June 01, 2023  |  B2B Payments

Amid the great digital shift, and in the post-pandemic world, the transportation industry is undergoing significant changes. With those changes come new vulnerabilities that need...

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Transfix Adds Highway’s Digital Identity Solution to Freight Matching Platform
Transfix Adds Highway’s Digital Identity Solution to Freight Matching Platform
May 23, 2023  |  Supply Chain

Transfix and Highway have integrated their solutions for the trucking industry. With their new partnership, Highway’s Carrier Identity Engine will be integrated into the Transfix Carrier App, increasing...

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GPT Takes the Manual Out of Labor in the Industrial Economy
GPT Takes the Manual Out of Labor in the Industrial Economy
May 18, 2023  |  artificial intelligence

OpenAI CEO Sam Altman thinks new ideas, not bigger models, will evolve artificial intelligence (AI). That’s because the era of gigantic AI training models like...

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Osa Commerce and Windward Partner to Boost Supply Chain Visibility
Osa Commerce and Windward Partner to Boost Supply Chain Visibility
May 17, 2023  |  Supply Chain

Osa Commerce and Windward have partnered to provide greater supply chain visibility. The partnership will provide brands, retailers, and their third-party logistics (3PL) and fourth-party...

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Turvo Teams With Denim for Simpler Freight Broker Payments
Turvo Teams With Denim for Simpler Freight Broker Payments
May 11, 2023  |  B2B Payments

Supply chain tech firm Turvo has launched a partnership with freight payments system processor Denim. The collaboration, announced Thursday (May 11), integrates Denim’s solution with...

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Otto Group Taps Covariant to Bring AI to Logistics
Otto Group Taps Covariant to Bring AI to Logistics
May 10, 2023  |  artificial intelligence

European eCommerce giant Otto Group says it is embracing an “AI-driven future.” To that end, the company announced Tuesday (May 9) it has formed a...

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Relationship-Building Innovations Top Investment Wish List for Logistics Sector
Relationship-Building Innovations Top Investment Wish List for Logistics Sector
May 10, 2023  |  Accounts Payable

Many logistics, shipping and transportation companies live and die by their relationships. That’s probably why PYMNTS data in the report “Accounts Payable Automation: Transportation Companies...

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