Logistics - 56ok.com [Page 194 of 520]

Project44 Buys Convey for 255M to Boost Lastmile Tracking

Project44 acquired Convey for $255 million, aiming to expand its end-to-end supply chain visibility platform, particularly strengthening its last-mile delivery capabilities. Convey's technology helps shippers connect parcel and freight data, optimizing the final mile delivery experience. This marks project44's third acquisition this year, demonstrating its strategy to build a more robust supply chain visibility platform. The acquisition will integrate Convey's expertise in last-mile delivery with project44's existing capabilities to provide enhanced tracking and management for shipments.

01/19/2026 Logistics

Biden Infrastructure Plan Targets US Ports to Ease Supply Chain Strains

The United States is investing $17 billion to upgrade its ports, aiming to resolve supply chain bottlenecks and enhance competitiveness. The measures include increased funding, congestion relief initiatives, and the launch of modernization projects. This investment seeks to improve port efficiency, reduce shipping delays, and ultimately strengthen the nation's trade infrastructure. The upgrades are expected to have a significant impact on the overall supply chain, making it more resilient and responsive to future disruptions. This initiative is largely funded by the Bipartisan Infrastructure Law.

01/19/2026 Logistics

DHL Express Adopts Electric Aircraft for Zero Emissions

DHL has ordered 12 Eviation electric aircraft to support its goal of zero emissions by 2050. The Alice aircraft will be used on regional routes in the United States, offering efficient and environmentally friendly transportation. This investment marks a significant step towards sustainable aviation and demonstrates DHL's commitment to reducing its carbon footprint. By incorporating electric aircraft into its fleet, DHL aims to provide cleaner and more sustainable logistics solutions for its customers.

01/19/2026 Logistics

USPS Under Pressure to Avoid Holiday Shipping Delays

The USPS Office of Inspector General recommends establishing an early warning system to notify customers of potential shipping disruptions two days in advance, preventing a repeat of the 2020 peak season issues. The report highlights challenges faced by USPS in 2020, including a surge in package volume and insufficient processing capacity. Embargoes and diversions impacted on-time delivery rates and marketing mail. Experts suggest shippers diversify carrier allocation, while USPS needs to improve communication and service delivery.

01/19/2026 Logistics

UPS Faces Port Delays Higher Costs in Supply Chain Crisis

Port congestion at Los Angeles and Long Beach is slowing down UPS package flows, which UPS is addressing through measures like air freight upgrades and technology enablement. Automation is becoming an industry trend, but freight rate increases are inevitable. Businesses need to build more resilient supply chains, and consumers may have to bear higher costs. The congestion highlights the ongoing challenges in global logistics and the need for proactive strategies to mitigate disruptions and maintain efficient delivery networks.

01/19/2026 Logistics

Ascend Expands into Regional Trucking to Challenge Industry Norms

Ascend enters the trucking industry, focusing on dry van truckload and serving sectors like consumer goods. The merger of Milan and J&B, backed by Wellspring, aims to revolutionize regional transportation and become the preferred carrier. The company's strategy is centered around providing reliable and efficient truckload services, leveraging technology and strategic partnerships to optimize supply chain operations and establish a strong presence in the competitive logistics landscape.

01/19/2026 Logistics

Old Dominion Freight Posts Strong Q4 on Market Share Growth

Old Dominion Freight Line reported strong Q4 performance, with revenue increasing nearly 30%. This growth was driven by increases in both daily LTL tonnage and LTL revenue per hundredweight. The company continues to gain market share through superior service and network coverage. Old Dominion is also actively investing in future development to address industry challenges and capitalize on opportunities, positioning itself for continued success in the LTL freight market.

01/19/2026 Logistics

TFI International Acquires DD Sexton to Boost Cold Chain Operations

TFI International acquired D&D Sexton to expand its cold chain operations and enhance temperature-controlled transportation capabilities. D&D Sexton will be integrated into the CFI group, strengthening its local and short-haul transportation services. This acquisition aligns with the growing demand for cold chain solutions. TFI International plans to integrate resources and optimize operations, aiming to gain a competitive edge in the increasingly competitive cold chain market. The acquisition should allow TFI to better serve customers requiring specialized temperature controlled transport.

01/19/2026 Logistics

DHL Expands Americas Logistics with New South Florida Hub

DHL is investing $10.6 million to open a new Express service center in Miami Gardens, enhancing its logistics capabilities in South Florida. This expansion will accelerate parcel processing and better accommodate the growing demands of e-commerce. The new facility will improve efficiency and speed up delivery times for customers in the region, strengthening DHL's presence and service offerings in the South Florida market. The investment reflects DHL's commitment to supporting the increasing volume of international shipments and meeting the evolving needs of businesses and consumers.

01/19/2026 Logistics

USPS Struggles to Implement Decadelong Reform Plan

The United States Postal Service (USPS) faces significant financial challenges, with third-quarter losses widening to $3 billion. Despite revenue growth, performance varied across different business units. In response, the USPS launched the 'Delivering for America' ten-year reform plan, aimed at achieving financial self-sufficiency and improving service quality. The plan faces challenges such as execution risks and market competition, but also opportunities including e-commerce growth and government support. The success of this plan is crucial for the future of the USPS.

01/19/2026 Logistics