Logistics Sector Rebounds As June LMI Hits High

Logistics Sector Rebounds As June LMI Hits High

In June, the Logistics Manager Index (LMI) significantly rose to 60.7, marking a strong recovery in the logistics sector. The report highlights improvements in inventory levels and changes in transportation and warehousing capacities. However, it also warns of uncertainties in market demand for the second half of the year, which could impact future economic and logistics trends.

GXO Blue Yonder Partner to Enhance Supply Chain Automation

GXO Blue Yonder Partner to Enhance Supply Chain Automation

GXO Logistics has signed a multi-year strategic agreement with Blue Yonder to become its preferred provider of warehouse management software solutions. This initiative aims to enhance GXO's operational efficiency and ability to meet customer demands, allowing for more flexible supply chain management and enabling businesses to respond quickly to market changes while maintaining inventory flexibility.