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LOGISTICS

AFS Logistics | August 01, 2022

AFS Logistics (afs.net), a non-asset based and non-asset biased 3PL, announced the new, industry-leading AFSmart technology suite. The platform is an integrated package of intuitive, cloud-native tools designed to help clients and carriers make faster, more informed decisions, automate processes and more effectively manage logistics operations across multiple modes of transportation.The tools within the integrated platform include: AFSmartAudit Read More

JD.com | March 03, 2020

JD.com's strong fourth-quarter was overshadowed on a Monday earnings call by the company's ongoing response to the COVID-19 outbreak in China. The Chinese e-commerce giant has been providing material and logistics support to businesses and authorities and owes its ability to respond to the crisis to a substantial logistics infrastructure, executives said on a the call. JD.com executives laid out how the company's vast logistics operation also contributes to its profitability. Fulfill...

Maersk | February 20, 2020

Maersk is acquiring Performance Team, a U.S.-based warehousing and distribution company, in a $545 million deal, according to a press release on Wednesday. Performance Team currently operates 24 warehousing sites, encompassing 800,000 square meters, and specializes in B2B and B2C e-commerce, retail and wholesale distribution. The transaction is expected to close Apr. 1. The acquisition will more than double Maersk's warehousing and distribution footprint, which sits at 22 sites covering 563,...

LOGISTICS

inVia Robotics | March 25, 2021

Cargo Cove has selected inVia's AI-driven optimization platform to facilitate digital transformation in its Jacksonville, Florida plant, according to inVia Robotics, the developer of the next generation of warehouse automation systems for e-commerce. Cargo Cove will use inVia's phased automation approach, first implementing the inVia PickMate application to guide staff along the most reliable route through the warehouse to take items from inventory to pack out. Later this year, they will...