Texas-based U.S. Logistics Solutions, formerly Forward Air Solutions, abruptly closed Thursday. (Photo: Jim Allen/FreightWaves) About 2,000 truck drivers, warehouse and dock workers, and office personnel of Humble, Texas-based U.S. Logistics Solutions (USLS), formerly Forward Air Solutions, say they were blindsided late Thursday when they were notified via conference calls or by text messages that the […]
This year’s Euros required extensive supply chain efforts. (fifg/Shutterstock) By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. I just witnessed my Belgian Red Devils, who are ranked third in the world, lose against the Slovakian team ranked 48, […]
MEXICO CITY (Reuters) -Ford shipped out its first batch of cars from the once-ignored Guaymas port near its plant in the northern Mexican state of Sonora on Tuesday, in a project that, if fully launched, could cut its logistics costs by 30%. The initial shipment of pick-ups and Broncos, headed for Chile, is part of […]
HONG KONG (AP) — Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing challenging IPO market conditions. Alibaba said Tuesday that it was withdrawing its initial public offering and listing application, and instead proposes […]
President Volodymyr Zelensky dismissed Oleh Huliak from the position of commander of Ukraine’s Logistics Forces, replacing him with Volodymyr Karpenko, according to his decrees published on Feb. 29. The appointment is part of Zelensky’s reshuffle of Ukraine’s military command, which included the dismissal of Ukraine’s top military commander Valerii Zaluzhnyi. Logistics Forces of the Armed […]
Ukraine’s Defence Minister Rustem Umierov has held the first working meeting with Oleksandr Syrskyi, the newly-appointed Commander-in-Chief of the Armed Forces of Ukraine, to discuss the army’s detailed action plan for 2024. Source: Ukrainian MoD’s press service Quote: “A critical issue is establishing a logistics system and timely meeting the army’s needs. The focus is […]
Ukraine and Slovakia are working on implementing three large-scale energy and infrastructure projects. Source: European Pravda, citing Ukraine’s Ministry of Economy Details: Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine, discussed the implementation of three large-scale projects in the field of infrastructure and energy with Peter Kmec, the Deputy […]
Ukraine will continue to conduct special operations in occupied Crimea to sabotage Russian logistics, Ukrainian Defense Intelligence chief Kyrylo Budanov told the Financial Times on Jan. 19. Read also: Satellite imagery confirms Russia lost Tarantul-class corvette in Sevastopol Bay Budanov emphasized the need to keep pressure on Russia, particularly in Crimea, by attacking from the […]
Logistics has become the cornerstone of how so much works on earth — we may order things online, but ultimately we need to get products and ourselves from A to B — and some believe that logistics models will be even more important in the remote realms of space. Now, a startup has landed a […]
Russia continues to conduct intensive offensive actions in an attempt to break through to the Kharkiv Oblast town of Kupyansk, an important railwayhub for the region, Colonel-General Oleksandr Syrskyi, commander of the Ground Forces, told the Interfax-Ukraine news agency on Jan. 8. Russian invasion forces are attempting to break through Ukrainian defenses in the forests […]
Chinese e-commerce giant Alibaba Group Holding has further reduced its stake in Hong Kong-listed logistics service provider GoGoX Holdings, which is facing cutthroat competition and regulatory pressure in the mainland’s intracity delivery courier market. Alibaba, which owns the South China Morning Post, has cut its GoGoX stake four times over the past two months, slashing […]