Total Logistic Services

UPS | August 20, 2020

A combination of tight capacity and rising volume means logistics costs will continue to "improve" in UPS' favor, according to a research note from UBS, penned after a meeting between analysts at the bank and UPS' investor relations team."UPS is transitioning to a slower pace of capacity addition in 2021 and we believe broader package industry capacity expansion is also likely to be modest," the research note reads. "Assuming a backdrop of economic growth i...

Transportation

Wabtec | April 21, 2022

Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The acquisition is subject to customary closing conditions and financial terms were not disclosed.“Beena Vision’s systems, coupled with Wabtec’s TrackIQ portfolio, will create a comprehensi...

3PL Central | September 18, 2020

3PL Central, the leader in cloud-based Warehouse Management Systems (WMS) built to meet the unique needs of third-party logistics (3PL) warehouses, launched a new $2,500 scholarship today aimed at supporting education for college students currently enrolled in Supply Chain and Logistics programs. The 3PL Central Supply Chain Scholarship aims to give aspiring logistics and supply chain professionals financial support during their educational journey. It also intends to inspire new ideas for the s...

Sedex | October 14, 2020

In an industry first, responsible business membership organisation Sedex has launched a new virtual assessment tool that enables businesses to continue assessing suppliers and protecting workers in their supply chain during the coronavirus pandemic. The Virtual Assessment is a human rights due diligence tool that a social auditor uses to assess the performance of a site remotely through the use of video conferencing, gaining as much insight as possible into site conditions, management systems an...