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Storage & Distribution

XPO reports February gains, but tonnage remains lower compared to last year

XPO Logistics' February Update: Analyzing Tonnage Trends and Market Dynamics Upon initial examination, XPO Logistics' update for February suggested that the decline in volumes mirrored the downturn experienced in January. However, a closer look reveals that the company was contending with a more significant year-over-year...

Kevin Bennett Elevated to Director of M&S Food Logistics and CEO of Gist

M&S Appoints Kevin Bennett as New Food Logistics Director and Gist CEO Marks & Spencer (M&S) has announced the promotion of Kevin Bennett from his role as head of logistics in the Clothing & Home division to the position of M&S Food logistics director and...

WK Kellogg Allocates $200 Million for Supply Chain Improvements in 2025

WK Kellogg's $200 Million Supply Chain Modernization Initiative WK Kellogg Company, a prominent player in the cereal industry, has announced a significant investment of $200 million dedicated to its ongoing supply chain modernization efforts in the current fiscal year. This announcement, made during the company's...

Sedna acquires the workflow automation platform Flytta

Sedna Expands AI Capabilities with Acquisition of Flytta In a strategic move to enhance its artificial intelligence offerings, Sedna, a UK-based technology firm, has announced the acquisition of Flytta, an innovative workflow automation platform tailored for global trade and supply chains. The financial details of...

MOL and KEPCO Sign Memorandum of Understanding for Collaborative Carbon Credit Project

Mitsui O.S.K. Lines and Kansai Electric Power Company Forge Partnership for Carbon Removal Initiatives Mitsui O.S.K. Lines, Ltd. (MOL) and Kansai Electric Power Company (KEPCO) have officially announced a collaborative agreement through the signing of a memorandum of understanding (MoU) aimed at exploring potential opportunities...