Project44 Buys Convey for 255M to Boost Lastmile Tracking

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
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Ukraine Crisis Drives Air Freight Price Hikes Strains Businesses

Ukraine Crisis Drives Air Freight Price Hikes Strains Businesses

The Ukraine crisis has led to soaring fuel costs and airspace restrictions, resulting in increased air freight surcharges and reduced capacity. Businesses should assess their supply chains, explore alternative solutions, plan capacity in advance, and optimize inventory management. Communication with customers is crucial. In the long term, companies should strengthen supply chain resilience through diversified suppliers, regionalized production, digital transformation, and robust risk management systems to effectively navigate these challenges.

01/19/2026 Logistics
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CH Robinson Boosts Fresh Produce Supply Chain with Timco Buy

CH Robinson Boosts Fresh Produce Supply Chain with Timco Buy

C.H. Robinson acquired Timco Worldwide to strengthen its position in the fresh produce supply chain, particularly in melons. This acquisition will enhance C.H. Robinson's product offerings and leverage Timco's technological capabilities to improve supply chain efficiency and transparency. The goal is to provide customers with enhanced services and a more robust, reliable supply chain for fresh agricultural products. The move reflects C.H. Robinson's commitment to expanding its expertise and market presence in the specialized area of fresh produce logistics.

01/28/2026 Logistics
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South Africas Water Shortages Threaten Business Operations

South Africas Water Shortages Threaten Business Operations

South Africa's water infrastructure faces systemic decline, threatening businesses with water-related production halts. Key factors include chronic underinvestment, failing wastewater treatment plants, high pipeline leakage rates, and regulatory failures. Experts advise companies to reduce reliance on public water supplies and increase on-site water storage, rainwater harvesting, and other measures to mitigate potential supply disruptions and ensure continued operations. This proactive approach is crucial for businesses to navigate the escalating water crisis and safeguard their economic viability in South Africa.

02/03/2026 Logistics Industry Insights
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LTL Carriers Face Freight Recession As Yellow Struggles

LTL Carriers Face Freight Recession As Yellow Struggles

The US LTL market cooled down in Q1 2023. Yellow's losses doubled, hindering its transformation. ABF barely profited due to diversification and asset sales. Saia maintained stability through refined operations. The industry faces challenges like weak demand and intensified competition. Companies need to optimize operations, improve services, expand business, and embrace technology to cope with these difficulties. Focusing on efficiency and customer satisfaction will be crucial for survival and success in the evolving LTL landscape.

02/04/2026 Logistics Industry Insights
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Oil Price Drop Strong Dollar Impact US Manufacturing and Services

Oil Price Drop Strong Dollar Impact US Manufacturing and Services

The ISM report indicates that falling oil prices generally benefit manufacturing by lowering raw material costs, while the non-manufacturing sector is less affected. A stronger USD has a complex impact on manufacturing, reducing import costs but weakening export competitiveness. Non-manufacturing is less sensitive to exchange rate fluctuations as it primarily exports services, not goods. Companies should rationally assess the impact of oil prices and exchange rates and adjust their strategies accordingly.

02/03/2026 Logistics Industry Insights
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Gen Z Shifts American Dream Toward Influencer Careers

Gen Z Shifts American Dream Toward Influencer Careers

American Generation Z shows a strong interest in influencer careers, but their understanding is often skewed. TikTok is their preferred platform, and influencer marketing significantly impacts their purchasing decisions. Brands can leverage this trend to connect with Gen Z by partnering with influencers and creating engaging content on platforms like TikTok. However, it's crucial for brands to ensure authenticity and transparency in their influencer marketing strategies to resonate with this discerning generation.

01/05/2026 Logistics Industry Insights
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