Automation solutions provider Addverb today announced a new partnership with mobile storage and warehouse automation solution provider McMurray Stern. Combining McMurray Stern’s fully integrated storage options with Addverb’s fixed and flexible solutions featuring its proprietary software, will enable new and existing customers to fully customize and optimize their...
Greenwich, Conn.-based truckload and less-than-truckload (LTL) services provider XPO Logistics issued preliminary third quarter 2022 and long-term financial targets in advance of the company’s October 31 release date. XPO said it expects to report $3.04 billion in quarterly revenue and operating income to come in between $181 million-to-$185 million,...
On a media conference call hosted by the Association of American Railroads (AAR) earlier today, various industry associations made their respective cases for Congress to step in to help resolve the ongoing dispute between the remaining four railroad labor unions yet to ratify terms of a tentative labor...
I think it’s safe to say that there’s no debate that we’re living in an era of unpredictability. That’s true of business in general and supply chain in specific. Who could’ve predicted that after living through a pandemic, business would come to another hard stop as a result...
Voxware, a leading provider of cloud-based voice and analytic supply chain solutions, has released the findings of its 2022 biennial consumer holiday survey. Consumers surveyed report that delivery delays and inaccurate orders have increased of late and indicate they will abandon retailers that fail to meet their expectations...
Menasha Corporation today announced that James M. Kotek will retire from his position as President and Chief Executive Officer in March. The Menasha Corporation Board of Directors has appointed Christopher D. Drees to succeed Kotek effective March 13, 2023. Drees will also join the Menasha Corporation Board on...
Attabotics, which offers a 3D robotics automated storage and fulfillment solution, today announced it has raised $71.7 million in Series C-1 funding led by Export Development Canada (EDC) with participation from Ontario Teachers’ Pension Plan Board (Ontario Teachers’) through Teachers’ Venture Growth (TVG). The round brings Attabotics’ total...
Coming off of a December decline, January services economy activity kicked off 2023 with a pivot back to growth, according to the new edition of the Services ISM Report on Business, which was issued late last week by the Institute for Supply Management (ISM). The Services PMI—at 55.2 (a...
Big Joe Forklifts has announced its plan to return to the Canadian market for the first time since 2009 through the newly formed Big Joe Canada. The initial launch will ensure Big Joe equipment is readily available through a network of material handling dealerships across most Canadian provinces...
With an eye on a multi-phase commercial and technology partnership to deploy Volvo Autonomous Solutions’ (V.A.S.) autonomous transport solution on the its network, San Francisco-based Uber Freight said this week it will be one of Volvo’s first customers to pilot its hub-to-hub autonomous offering, in which Volvo will...