Search

Showing 10 of 9281 results

= Premium Content

What's That? On-Time In-Full (OTIF)

On-time in-full (OTIF) is a supply chain metric for measuring performance in logistics. OTIF generally refers to a supplier’s ability to deliver product within prescribed delivery windows and at full quantities ordered.

August 12, 2024

Port Isabel Secures $1.6M Grant for Major Expansion Projects

Commerce Secretary Gina Raimondo recently announced the award as part of $6.9 million in economic development grants to Texas for workforce training and port improvements.

August 12, 2024

Amazon Tests Speedy Delivery Service Featuring Kia Souls

Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.

August 8, 2024

Pipeline Firms in Talks With Data Centers About Gas Supply

Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.

August 8, 2024

Forward Air Posts Q2 Loss, but Revenue Soars on Acquisition

Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.

August 8, 2024

RXO Faces Revenue Decline, Net Loss in Q2

The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $7 million, or 6 cents a diluted share.

August 7, 2024

Maersk CEO Seeks New M&A Deals After Dropping Schenker Bid

A.P. Moller-Maersk A/S is looking for new acquisition targets after recently walking away from what would have been its biggest ever deal, the CEO said.

August 7, 2024

Ice Cream Giant Wells Enterprises Plans $425M New York Expansion

Wells, headquartered in Le Mars, Iowa, produces more than 200 million gallons of ice cream annually and distributes products in all 50 states.

August 6, 2024

GXO Logistics Reports 19% Revenue Surge in Q2 2024

GXO Logistics saw revenue grow 19% in the second quarter of 2024 to $2.85 billion. However, the contract logistics firm reported a drop in net income to $39 million from $66 million in 2023.

August 6, 2024

Canada’s Labor Minister Launches Talks to Avert Rail Strike

Negotiations to avert a major railroad strike in Canada will resume Aug. 7 after talks between the three parties were stalled for months.

August 6, 2024