Mitsubishi Electric has awarded Yusen Logistics a contract renewal. Yusen provides all inbound logistics, from palletised and handball containers through to picking product for dispatch, as well as total reverse logistics, with an onsite workshop for repairs, re-work, testing and checking of recycled goods. “Over the past 11 years, we have seen customer behaviours and demands develop, with a critical focus now on product availability within a specific delivery time-frame,” said Mark ...
READ MORE
|
CEVA Logistics has started the process of repaying debt following its recent flotation on the Swiss Six exchange which raised CHF 1.2 billion (£890m). The group expects to either repay or refinance the majority of its debt over the coming months – its balance sheet at 31st December shows long term borrowings of some $2.2bn (£1.6bn). Finance expenses in 2017 totalled $238m (£176m) which meant that the group made a pre-tax loss of $179m (£132m). Unveiling its first-qu...
READ MORE
|
XPO Logistics has announced former Amazon exec Kenneth Wagers as its new Chief Operating Officer, with responsibility for the company's operations in 32 countries. Troy Cooper, who formerly served as Chief Operating Officer and transportation segment leader, has been promoted to the newly created position of President. Both roles are effective immediately. Wagers’ career in the supply chain sector includes senior positions with three global leaders: Amazon.com, Dr Pepper Snapple Group ...
READ MORE
|
The annual Mobile World Congress (MWC) is far and away the largest showcase for the telecommunications industry. At the end of February this year, more than 120,000 exhibitors met in Barcelona to showcase the most innovative products and services and share the big ideas that will influence the future of the industry. Professionals from 205 countries and territories were present, and around 3,500 members of the international press and media attended.
It's certainly come a long way from...
READ MORE
|
The personal information of more than 100 truck drivers may have been compromised during a recent hack of two Idaho Transportation Department e-mail accounts. According to a press release issued by Gov. C.L. “Butch” Otter Feb. 12, the hack potentially exposed sensitive information, including Social Security and credit card numbers, of commercial vehicle drivers who are registered in Idaho. State Information Security Director Jeff Weak said ITD’s Division of Motor Vehicles has n...
READ MORE
|
ePallet has announced the official launch of their technology solution that benefits a long-neglected sector of the food industry - the full pallet customer. The company, whose slogan is "True Wholesale," provides an artificial intelligence (AI) driven platform that disrupts the existing supply chain allowing customers direct access to manufacturers' products in full pallet increments. According to James Kwon, ePallet CEO, traditional food supply chain consists of layers of middlem...
READ MORE
|