(source: en.wikipedia.org)
UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. The shipping giant will eliminate 12,000 positions — chiefly full-time and part-time...
Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the...
Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500...
The transport industry is the heart of commerce and the linchpin of a functional economy. Moving goods more efficiently, more effectively and at the lowest...
The adoption of external working capital solutions continues to be widespread globally among growth corporates, commonly known as middle-market firms. This practice has enabled companies...
The World Bank isn’t banking on the world’s economy getting much better. At least in the near term. In its semiannual Global Economic Prospects report,...
Freightos, a vendor-neutral booking and payment platform for the international freight industry, reported record transactions for the fourth quarter of 2023. The company recorded 286,900...
FedEx will roll out an eCommerce platform in the fall. The new fdx platform will help eCommerce merchants optimize demand, conversion, fulfillment, carbon footprint, visibility,...
Shipping and mailing company Pitney Bowes launched a returns drop-off network with PackageHub. The network allows for no-cost, “no-box and no-label returns” at nearly 1,000...