Logility Acquires Garvis AI to Enhance Supply Chain Forecasting

Logility Acquires Garvis AI to Enhance Supply Chain Forecasting

Logility's acquisition of Garvis marks its official entry into the Supply Chain AI domain. Garvis' DemandAI+ integrates generative AI with machine learning, revolutionizing demand forecasting and helping businesses improve forecast accuracy, optimize inventory, and reduce costs. This powerful combination signals the arrival of an AI-driven intelligent supply chain era. Logility will continue to innovate, empowering businesses to succeed in complex markets. The integration of DemandAI+ promises enhanced visibility and responsiveness within the supply chain, ultimately leading to greater efficiency and profitability for Logility's customers.

US Retailers Curb Imports Amid Consumer Demand Uncertainty

US Retailers Curb Imports Amid Consumer Demand Uncertainty

The National Retail Federation reports a modest 1.1% growth forecast for June retail imports, signaling retailer caution towards back-to-school and holiday season sales. Influenced by inflation and geopolitical factors, retailers are adopting conservative import strategies to avoid overstocking. The retail sector is transitioning from pandemic-driven surges to a more normalized environment. Retailers are managing inventory and optimizing supply chains to mitigate potential market risks. This approach reflects a shift towards careful planning and adaptation in response to evolving consumer behavior and economic uncertainties.

01/20/2026 Logistics
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Trade War Fears Threaten Freight Industry Amid Recession Risks

Trade War Fears Threaten Freight Industry Amid Recession Risks

Global trade tensions and tariff policies are creating uncertainty in the freight economy, impacting business investment, hiring, and expansion decisions. Fitch Ratings has lowered its U.S. growth forecast and warns that tariffs could lead to inflation and recession. Businesses should diversify supply chains, optimize inventory management, and explore new markets. Policymakers need to maintain the multilateral trading system, avoid escalating trade wars, and create a stable business environment. These measures are crucial to mitigating the negative effects of trade disputes and promoting sustainable economic growth.

Retail Sales Forecasts Signal Economic and Logistics Trends

Retail Sales Forecasts Signal Economic and Logistics Trends

Retail sales forecasting is crucial for logistics. Key aspects include influencing factors, forecasting methods, and business format development. Digital transformation reshapes the supply chain, necessitating optimized forecasting to address uncertainties. Accurate predictions enable efficient inventory management, transportation planning, and resource allocation. Understanding consumer trends and economic indicators is vital for effective forecasting models. By leveraging data analytics and advanced algorithms, businesses can improve forecast accuracy and enhance their competitive advantage in the dynamic retail landscape. This leads to better decision-making and improved overall supply chain performance.

ISM Forecasts Strong 2025 Growth for Manufacturing Services

ISM Forecasts Strong 2025 Growth for Manufacturing Services

The ISM's 'Spring 2024 Semiannual Economic Forecast' indicates growth in both the US manufacturing and service sectors for 2024, with optimism extending into 2025. Manufacturing revenue is projected to increase by 4.2%, with capital expenditures rising by 5.2%. The service sector anticipates a 3.7% revenue increase and a 5.1% rise in capital spending. This report provides valuable market insights for businesses, aiding them in optimizing supply chain management, navigating challenges, and achieving sustainable growth. It's a key resource for strategic planning and investment decisions.

Feds Goolsbee Hints at Rate Cuts Amid Improving Inflation

Feds Goolsbee Hints at Rate Cuts Amid Improving Inflation

Fed official Goolsbee called the latest inflation data "encouraging," opening the door for future rate cuts. He emphasized the need to see sustained cooling in inflation and pointed out signs of cooling in the labor market. He did not rule out a rate cut as early as January and revealed his interest rate forecast is below the Fed's "dot plot" median. Analysts believe his remarks reflect a cautiously optimistic attitude within the Fed regarding the inflation outlook. Further data will be crucial in shaping the Fed's future policy decisions.

US Ports Overcome Labor Issues Retailers Optimistic for Holidays

US Ports Overcome Labor Issues Retailers Optimistic for Holidays

Despite brief strikes at US East Coast and Gulf Coast ports, US import volumes are projected to remain strong. Retailers' proactive stockpiling and flexible supply chain adjustments mitigated the impact of the strikes. The Port Tracker report indicates continued import growth and strong retailer confidence, anticipating sufficient supply for the holiday shopping season. A long-term agreement between labor and management is crucial to ensure supply chain stability. The ability of retailers to forecast and adapt to disruptions is a key factor in maintaining a steady flow of goods.

02/04/2026 Logistics
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Logistics Industry Terminology Explained

Logistics Industry Terminology Explained

This article provides a detailed analysis of important professional terms in the logistics industry, including procurement personnel, hazardous materials shipping processes, breakbulk cargo, customs inspection, and customs documentation. Through the interpretation of these professional terms, the article aims to help readers better understand the complexity of logistics operations and the specific operational processes involved.

Logistics Industry Embraces Techdriven Transformation

Logistics Industry Embraces Techdriven Transformation

This article provides an in-depth analysis of the latest trends and developments in the logistics industry, covering policy interpretation, technological innovation, and market insights. From port mergers to the application of emerging technologies, and talent development to regulatory analysis, it aims to provide logistics companies with comprehensive decision-making references and operational guidance. The goal is to help businesses seize opportunities and achieve sustainable development in a fiercely competitive market.