Procurement Chiefs Focus on Cost Cuts to Lift Profits

Procurement Chiefs Focus on Cost Cuts to Lift Profits

A Consero Group survey reveals that most Chief Procurement Officers (CPOs) prioritize short-term cost reduction, reflecting a pragmatic choice in the current economic climate. Successful CPOs need to balance short-term cost control with long-term strategic sourcing. Digital transformation empowers new value in procurement, highlighting the increasing strategic importance of the procurement function in the future. This shift requires CPOs to be both cost-conscious and forward-thinking, adapting to evolving market demands and leveraging technology for sustainable competitive advantage.

02/04/2026 Logistics Industry Insights
Read More
Navis Enhances Rail Freight Efficiency with Smart Tech

Navis Enhances Rail Freight Efficiency with Smart Tech

Navis' acquisition of Biarri Rail expands its N4 system into inland rail freight optimization. This SaaS solution enhances rail operational efficiency, reduces costs, and empowers global customers to expand into inland markets, creating an end-to-end freight supply chain ecosystem. Navis continues to innovate, enabling customers to address market challenges and achieve sustainable growth. By integrating Biarri Rail's expertise, Navis aims to provide comprehensive solutions for optimizing rail operations and improving overall supply chain visibility and efficiency for its customers worldwide.

02/03/2026 Logistics
Read More
Prologis Drives Logistics Real Estate Shift with AI Energy Tech

Prologis Drives Logistics Real Estate Shift with AI Energy Tech

Prologis discussed the impact of energy and AI on supply chains with the U.S. Secretary of the Interior, emphasizing the importance of energy security. Prologis is proactively embracing the energy transition through diversified energy solutions and exploring emerging areas like data centers, laying the foundation for the future of logistics real estate and gaining a competitive edge in the industry. The company is actively positioning itself to capitalize on the evolving landscape driven by technological advancements and the shift towards sustainable energy sources.

02/03/2026 Logistics Industry Insights
Read More
US Service Sector Growth Slows in November

US Service Sector Growth Slows in November

The US Services PMI grew for the fifth consecutive month in November, but the growth rate slowed, with mixed sub-indicators. Experts interpret this as a return to normalcy, but risks remain. The service sector faces multiple challenges, including inflation, interest rates, and geopolitical tensions, but also opportunities such as consumer demand and technological innovation. Businesses need to be cautiously optimistic and seek progress while maintaining stability to achieve sustainable development. The slower growth suggests a more moderate pace of economic recovery.

02/03/2026 Logistics Industry Insights
Read More
Convoys Automated Reloads Boost Freight Efficiency

Convoys Automated Reloads Boost Freight Efficiency

Convoy introduces an automated reload service that leverages algorithms to optimize freight combinations in real-time, reducing empty miles and increasing carrier revenue and efficiency. The service customizes freight solutions based on carrier preferences, providing real-time tracking and customer service. This initiative supports sustainable development and drives the digital transformation of the freight industry. By optimizing routes and reducing inefficiencies, Convoy's automated reload service aims to create a more streamlined and profitable experience for carriers while minimizing environmental impact.

02/04/2026 Logistics
Read More
Dole Diageo to Headline 2025 Food Beverage Supply Chain Conference

Dole Diageo to Headline 2025 Food Beverage Supply Chain Conference

The 2025 NextGen Supply Chain Conference focuses on the food and beverage industry, inviting leaders from Diageo, IFMA, Dole, and others to share insights on supply chain transformation, regulatory evolution, growth strategies, and innovative approaches. The conference explores future trends such as digital transformation, sustainability, personalization, agility, and resilience, aiming to shape efficient, sustainable, and resilient food and beverage supply chains. Discussions will center on navigating the evolving landscape and building robust supply chains for the future of the food and beverage sector.

02/03/2026 Logistics
Read More
South Koreas Economy Shrinks Unexpectedly in Q4

South Koreas Economy Shrinks Unexpectedly in Q4

South Korea's economy unexpectedly contracted in the fourth quarter of 2025, marking its worst quarterly performance in three years. Investment and exports both declined, while consumption offered little support. The annual economic growth rate fell to 1%, a recent low. This article delves into the structural problems and external shocks facing the South Korean economy, exploring potential policy responses and future prospects. It emphasizes the importance of innovation, reform, and diversification to revitalize the economy and achieve sustainable growth in the long term.

02/04/2026 Exchange Rate Query
Read More
Warehouses Turn to Untapped Labor Pools Amid Worker Shortages

Warehouses Turn to Untapped Labor Pools Amid Worker Shortages

The warehouse labor shortage is growing, and traditional recruitment methods are proving insufficient. This article suggests companies shift their thinking and tap into overlooked talent pools, including non-native English speakers, inexperienced individuals, and people with disabilities. Simultaneously, it advocates for optimizing warehouse design and improving employee experience to create a more inclusive and attractive work environment, effectively alleviating the labor shortage. By embracing diversity and focusing on employee well-being, companies can build a more resilient and sustainable workforce.

02/04/2026 Logistics Industry Insights
Read More
US Rail Freight Volumes Decline Amid Economic Slowdown Concerns

US Rail Freight Volumes Decline Amid Economic Slowdown Concerns

Data from the Association of American Railroads indicates a year-over-year decrease in U.S. rail freight and intermodal volume for the week ending September 20th. Grain and metal shipments increased, while coal transportation experienced a significant decline. Year-to-date figures show growth, but at a slower pace. Key influencing factors include macroeconomic conditions, industry competition, supply chain bottlenecks, and energy policy transitions. Railroad companies need to improve operational efficiency, expand diversified business lines, strengthen infrastructure development, and embrace sustainable development practices.

02/04/2026 Logistics
Read More
North American Intermodal Transport Adapts Amid Trade Challenges

North American Intermodal Transport Adapts Amid Trade Challenges

The North American multimodal transportation market is experiencing divergence. Trade uncertainties and declining demand pose challenges, while the need for supply chain resilience presents opportunities. Optimizing inland hubs and adopting digital technologies are crucial for enhancing competitiveness. The market needs to actively embrace changes to achieve sustainable growth. Despite headwinds, the focus on efficiency and adaptability will determine success in this evolving landscape. Building robust and flexible multimodal networks is essential for navigating future disruptions and maintaining a competitive edge.

02/04/2026 Logistics Industry Insights
Read More