RICHMOND, Va. – Owens & Minor, in partnership with West Virginia University Health System, has broken ground on the future site of a center of excellence for medical supplies and logistics in Morgantown, W.Va. Once construction is completed in late 2023, the 350,000-square-foot center will be one of the state’s largest dedicated acute care medical…

Rider is on a mission to provide online shoppers in Pakistan with “Amazon-like” next-day deliveries. The Karachi-based company announced it has raised $3.1 million in new funding from Y Combinatior, along with new investors i2i, Flexport, Soma Capital and Rebel Fund. Returning investors included GFC, Fatima Gobi and TPL E-ventures, along with Dropbox co-founder Arash…

Companies Face Rising Supply-Chain Costs Amid Inventory Challenges - WSJ this.execute(...params)); } delete executionQueueMap[key]; } catch (error) { console.error(error); } }, execute() { var [key, prop, param3, param4] = arguments; var message = subscriptionsMap[key][prop]; var cb = r => r; var args = []; if (typeof message !== 'function') { return message; } if (param3)…

The return of the Japanese GP at Motegi from 23-25 September for the first time since the COVID-19 pandemic began was always set to cause a logistical headache due to its calendar positioning as a back-to-back with Aragon in Spain. However, the outbreak of Russia's war in Ukraine and the effect this has had on…

USA Truck Stockholders to Receive $31.72 per Share in CashDB Schenker's Resources and Complementary Capabilities to Enable USA Truck to Accelerate its Long-Term Growth StrategyVAN BUREN, AR and ESSEN, GERMANY / ACCESSWIRE / June 24, 2022 / DB Schenker, one of the world's leading logistics service providers, and USA Truck (NASDAQ:USAK), a leading capacity solutions…

From delivering heavy cargo through drones to automating repetitive processes, Shantanu Roy, CIO for the Indian subcontinent at global logistics firm DB Schenker, is balancing innovation with business continuity. In a free-wheeling discussion with CIO India, he throws light on the efficient use of digital technologies in the company and the emerging trends in the…

Finding, hiring and keeping good employees have long been cornerstones for growing organizations that need human resources to keep the wheels turning. With a labor crunch in full swing right now, employers across all sectors are facing steep challenges even as they raise wages, hone their recruitment messages and improve day-to-day working conditions for their…

Companies participating in the incubator program will work directly with SC&L and business leaders at The Home Depot and Georgia Tech as they build. ATDC has been a leading hub for technology entrepreneurs since 1980. ATLANTA — The Home Depot®, the world’s largest home improvement retailer, is working with Georgia Tech’s Advanced Technology Development Center…

PayCargo, a Logistics Payments Startup, Nets $130 Million From Blackstone Growth - WSJ this.execute(...params)); } delete executionQueueMap[key]; } catch (error) { console.error(error); } }, execute() { var [key, prop, param3, param4] = arguments; var message = subscriptionsMap[key][prop]; var cb = r => r; var args = []; if (typeof message !== 'function') { return message;…

A recession in the United States is not “inevitable,” Treasury Secretary Janet Yellen said Sunday, just days after the US Federal Reserve hiked interest rates, raising fears of an economic contraction. “I expect the economy to slow” as it transitions to stable growth, she said on ABC’s “This Week,” but “I don’t think a recession…