Approximately 100 days into his tenure as CEO of Volvo Group, Martin Lundstedt announced changes in the Sweden-based manufacturer that emphasize brand names over market geography. In a Jan. 27 conference call and press statement, Lundstedt, formerly CEO of Scania Group, said he is creating a “mandate for our sales…
Dive Brief: Amazon may have disrupted (and continues to disrupt) the retail industry, but the trucking industry isn’t worried about the e-retail giant’s December move to hire hauling companies to drive its own fleet of shipping trailers. Two of the largest U.S. trucking companies, Swift Transportation Co. and Covenant Transportation…
The Panama Canal Authority is betting its future on more than a third set of massive new locks that can handle post-Panamax ships and attract more container services. It is counting on construction of a large new container terminal that will serve as a transshipment hub for North and South…
A prize-winning new book presents a tantalizing view of the future of procurement. It can be hard to dig through the avalanche of business titles published each year and choose one or two that are genuinely worth reading. But if you are involved in procurement or supply management, then you…
Southern Wine & Spirits in Wilsonville, Oregon, partnered with Bastian Solutions on the design and implementation of a new material handling automation system. With the improvements in place, SWS has increased sortation by 38% and reached accuracy… Read more here.
A survey of airline CFOs and cargo heads conducted this month by IATA, reveals that the weakness and declines in cargo volumes earlier in 2015 have started to bottom out. The survey said that the outlook for cargo volumes remains positive, but noted that fewer (45 percent) respondents are expecting…
J.B. Hunt Transport Services beat both Wall Street and Main Street in the fourth quarter, winning more business and hauling more freight when overall U.S. shipment volumes were dropping. Rate hikes, higher volumes and reduced interest and operating costs all gave a boost to J.B. Hunt profits, but a more…
Amazon continues to invest the capital and the resources to create a global logistics network that will soon become capable of three-day deliveries to nearly anywhere in the world, a source at Amazon told EBNOnline.com. Palatalized freight for third-party logistics customers in some geographic regions also will become available for…
Roadrunner Transportation Systems Inc. announced the selection of Curtis Stoelting as its new president. Stoelting, who was CEO at TOMY International/RC2 Corp., takes the title previously held by Mark DiBlasi, who will continue as Roadrunner’s CEO. Stoelting also will serve as Roadrunner’s chief operating officer, replacing Brian van Helden. Roadrunner’s earnings sagged 10%…
Amazon vice president Paul Misener doesn’t know if the company already has a pricing scheme for its Prime Air service, but he knows everything else there is to know about the delivery drones. He talked about the project at length in an interview with Yahoo Tech, where he explained how…
