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UPS, Teamsters reach tentative contract

UPS Inc. and the Teamsters union reached a tentative five-year contract Tuesday morning, averting, at least for now, a possible Aug. 1 strike that could have crippled the U.S. economy. …

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Flowspace debuts AI solution for merchants

AI is rapidly gaining popularity in the logistics industry as a transformative technology. It is revolutionizing workflows, creating efficiencies and strengthening supply chains by streamlining proces

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Paccar reports record Q2 sales and profits

Another quarter, another record performance for Paccar Inc. The medium- and heavy-duty truck and engine maker reported a 70% increase in second-quarter profits and a 24% increase in sales. It …

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GXO names chief automation officer

Contract logistics provider GXO Logistics (NYSE: GXO) said Tuesday that it has named Adrian Stoch to the newly created role of chief automation officer. Stoch previously served as consumer division …

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Link Logistics sees rent renewals jump in Q2

Last-mile logistics real estate operator Link Logistics said Monday fundamentals continued to stay strong across its portfolio during the second quarter. The company signed 418 leases in the period r

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