The COVID-19 outbreak created a volatile U.S. third-party logistics market in 2020, which presented growth opportunities for 3PLs with strong carrier management, e-commerce and airfreight forwarding capabilities, while other 3PLs did not fare as well.
April 3, 2021Search
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Chip Shortage Could Stall Volvo Truck Production Up to a Month
Volvo Group declined after the truck maker said it will have to suspend production across its operations because of the shortage of semiconductors that has disrupted the car industry for months.
March 23, 2021How Logistics Firms Are Handling the Pandemic's E-Commerce Boom
The COVID-19 pandemic has squeezed many years of growth in online sales and e-commerce fulfillment into a single 12-month period.
April 3, 2021Tesla, Apple Trigger Wall Street Dreams of $3 Trillion Valuation
A growing chorus of Wall Street professionals is predicting that electric and autonomous vehicles sales will propel Tesla Inc. and Apple Inc. to $3 trillion each in market value by 2030.
March 22, 2021Kenworth Shows Off Aerodynamics of T680 Next Gen
RENTON, Wash. — Kenworth Truck Co. spotlighted the aerodynamic and interior upgrades to its T680 Next Gen Class 8 during a small media event that began at its proving grounds here, then shifted to a 40-mile test drive during which both the day cab and highway models were on hand.
March 22, 2021Chip Shortage Worsens as Fire Shuts Factory for a Month
NEW YORK — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered automobile production.
March 22, 2021Fleets’ Tire Choices Involve Many Factors
Selecting the right tires for a trucking fleet’s specific application and business model is both a science and an art, with experience, industry know-how and common sense mixed in.
March 22, 2021Detroit’s Empty Factories Can Help Win Electric Pickup War
In the nascent electric pickup wars, Detroit won’t need tents.
March 22, 2021Automotive Chipmaker Renesas Says Fire Halts Production
Renesas Electronics Corp., one of the biggest makers of automotive chips, said a fire halted production at one of its Japanese plants. The incident may exacerbate a shortage of semiconductors that has already curbed vehicle output across the industry.
March 19, 2021A Year of Pandemic: Logistics Companies Adapted as Needed
Logistics companies that diversified, were nimble and leveraged data-driven technologies had the best chance to continue operating throughout the coronavirus pandemic.
March 22, 2021