Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

Southern California has long been a logistics hub, but in recent years, industrial development has reached unprecedented ...

The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of ...

In the memo, the White House explained that the United States has one of the most open economies and has among the lowest average weighted global tariff rates, coupled with the U.S. imposing fewer ...

However, STO is trying to catch up by increasing investment in automation. In the fourth quarter of 2024, STO ‘s volume market share was 12.9%, ranked fourth among Tongdas. To reduce the parcel damage ...

Transervice Logistics has named Jerry Greiner its new VP of business operations, procurement, and fleet management. He will ...

Lynkit, a leading end-to-end supply chain solutions and automation provider, has partnered with Xeneta, the global leader in ...

Expanded from 9 to 10 warehouses throughout the first half of fiscal year 2025Total warehouse space increased from 2 million to over 3.5 million square feetMajor presence in California, Georgia (Savan ...

Toll costs at critical border passages can significantly impact the economics of cross-border transportation. The Blue Water ...

Automotive Ventures invests in Upwell, an AI-powered AR automation platform streamlining billing for logistics, backed by ...

Older customers generally prefer to pay the lowest price for their delivery,” Jürgen Schröder, McKinsey senior partner and expert in logistics and postal services, is quoted as saying in a Supply ...

Q4 2024 Management View Murray Mullen, Senior Executive Officer and President, emphasized the company’s resilience despite operating in a no-growth economy. He highlighted the completion of five ...