ColdEX Logistics

MHI | July 28, 2020

MHI announces the release of the third in a series of U.S. Material Handling & Logistics Roadmaps. The report, titled “Transformation Age: Shaping Your Future” and developed in collaboration with Burchette & Associates, Inc., provides insights into key trends and technologies that will impact the success of supply chains over the next 10 to 20 years.Because the trends covered in the report have been so deeply impacted by COVID-19, a special section focusing on the pande...

Logistics, Supply Chain, Transportation

Kenco Group | January 04, 2024

Kenco, a leading North American third-party logistics company, proudly announces the acquisition of The Shippers Group, a Dallas-based third-party warehousing company. This strategic partnership adds to Kenco’s capabilities by providing increased capacity, broader geographic reach, and an expanded suite of services for the benefit of customers. Terms of the acquisition are not being disclosed. Founded in 1901 as a regional warehousing company, The Shippers Group has evolve...

Nike | March 25, 2020

Shifting to a digital-first distribution strategy, "daily global demand and supply optimization" and tight cost management are major tenets of what Nike executives called their "coronavirus playbook" on a Tuesday earnings call. "Our measures of success in the near-term will be rooted in the amount of inventory on hand relative to the pace of digital demand, store re-openings and traffic patterns," CFO Andy Campion said. Nike saw gross margin decline 80 basis points ...

Freight

Sembcorp Marine Ltd | March 06, 2023

Chevron Corporation, through Chevron Shipping Company LLC, its subsidiary, has recently announced an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, a wholly-owned subsidiary of Sembcorp Marine Ltd. The partnership will help to reduce the carbon intensity of its LNG fleet operations. Chevron will install the latest technologies aboard Chevron vessels, with the assistance of Sembcorp Marine, to support their energy transition goals under the agreement. Changes are also consi...