MNX Global Logistics, a company that arranges for expedited delivery of pharmaceuticals and other high-value goods, has a new owner. Boston-based Audax Private Equity announced July 10 the acquisition of MNX from The Riverside Co.
August 6, 2018BusinessLogistics
CIT Group Plans to Expand Capital Equipment Finance Team
In an effort to expand its leasing and financing solutions to all stages of the supply chain, CIT Group Inc. said July 19 it is creating a Logistics Finance unit within its existing Capital Finance Business division.
July 24, 2018BusinessTechnologyEquipmentLogisticsAutonomous
Carriers Led Logistics Industry Higher in 2017, Report Says
The logistics supply chain had a strong 2017 with a healthy economy revving up demand that led to tight capacity that gave carriers the authority to raise prices with shippers, according to the 29th Annual Council of Supply Chain Management Professionals State of Logistics Report.
June 21, 2018BusinessLogistics
Supply Chain Survey Shows Job Satisfaction High, but Women Earn Less
The average salary for supply chain professionals in 2017 was $85,210, and nearly all say they are highly satisfied with their jobs, according to a salary survey by APICS, the association for supply chain management.
May 18, 2018BusinessTechnologyLogistics
Where’s That Shipment? Shippers Demand Precise Load Tracking to Improve Supply Chain Operations
Shippers are demanding more precise information about the location and status of their shipments, and transportation and logistics providers said they are using multiple load-tracking platforms to collect and share that information.
April 20, 2018BusinessTechnologyLogisticsTop 100Top 50
Schneider, 8VC Partner to Boost Digital Supply Chain
Venture capital firm 8VC and diversified truckload carrier Schneider announced a partnership to leverage technology on trucks to create a pathway to a fully digital supply chain.
April 11, 2018BusinessTechnologyPerspective
Opinion: Four Reasons Why Freight Visibility Should Be a Top Focus
Despite the immediate benefits to the supply chain, there is still a lack of knowledge about the competitive advantages of real-time freight visibility. As the supply chain becomes exponentially more complicated, the importance of freight visibility increases due to its ability to provide real-time insight into the location and status of freight.
April 9, 2018Business
Disruption Swoops Down on Trucking Industry, Truck Maker Executive Says
ATLANTA — Disruptions of supply chain operations are coming and will shake up the trucking industry from fleets to suppliers, an executive with one truck maker said, adding it was time for the industry to get “paranoid.”
September 27, 2017BusinessEquipmentLogistics
Steady Growth Seen for Transloading, Supply Chain Experts Say
LONG BEACH, Calif. — Since 2007, transloading has grown at double the rate of U.S. imports, and supply chain experts believe it will become more popular because of the benefits to the entire supply chain.
September 26, 2017BusinessTechnologyLogistics
German Firm Körber to Acquire U.S. Supply Chain Software Company HighJump
U.S.-based supply chain software firm HighJump is being acquired by Körber AG in Hamburg, Germany, for an undisclosed amount from Accellos Holdings and its primary investor, Accel-KKR, in Menlo Park, Calif.
August 30, 2017