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Rider is taking a nimble approach to e-commerce logistics in

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…

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Companies Face Rising Supply-Chain Costs Amid Inventory Challenges

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)…

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Logistics headache forces MotoGP to alter Japanese GP schedule

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…

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DB Schenker and USA Truck to Combine and Create Premier

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…

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Click, ship, done: How a 150-year-old logistics company is delighting

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…

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Logistics Labor: Bringing over talent

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…

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The Home Depot Supports Supply Chain and Logistics Vertical with

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…

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PayCargo, a Logistics Payments Startup, Nets $130 Million From Blackstone

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;…

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How Saudi Arabia’s $18bn logistics industry is reaching out to

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…

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Amazon Consumer CEO, Who Led Massive Logistics Expansion, Resigns

Amazon.com consumer CEO, Dave Clark, disclosed plans Friday to leave the company, bringing an end to the tenure of a key executive behind the tech giant’s massive warehouse and logistics expansion during the pandemic.Mr. Clark, a 23-year veteran of the online retailer, headed up all of logistics at Amazon until January 2021. Last year, he…

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Funding for logistics startups

Global attention seemed to shift toward logistics and supply chains during the COVID-19 pandemic. The sudden rise of e-commerce—which grew by over 25 percent—coupled with capacity constraints and congestion in both air and ocean transport highlighted the relevance of supply-chain resilience. There seems to be renewed focus on the role of logistics, and the desire…

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Hunt Midwest Breaks Ground on Evergreen Logistics Park in South

State-of-the-art, 200-acre logistics park to offer I-85 access with options for up to 1 million SF for users  Anderson, South Carolina — June 7, 2022 — Kansas City-based commercial real estate development company Hunt Midwest has continued to rapidly expand its footprint in South Carolina with the groundbreaking of its first building in the new 2 million-square-foot Evergreen Logistics Park. The initial 258,801-square-foot…

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