Fri.Dec 22, 2023

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Transportation M&A with Spencer Tenney

The Logistics of Logistics

Spencer Tenney and Joe Lynch discuss transportation M&A. Spencer is President & CEO of Tenney Group, trusted M&A advisors to transportation industry. About Spencer Tenney Spencer Tenney serves as President & CEO of Tenney Group, where he oversees the firm’s day-to-day effectiveness and long-term vision. Spencer is a graduate of the University of Texas at Austin and holds the designation of Certified Merger & Acquisition Advisor through AM&AA.

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TFI acquiring flatbed conglomerate Daseke

Commercial Carrier Journal

Post-close, Daseke will operate its portfolio of brands as part of TFI International’s Truckload segment.

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Isuzu, Honda Start Testing Hydrogen-Powered Giga Fuel Cell Truck in Japan

NGT News

Isuzu Motors Limited and Honda Motor Co. Ltd. have begun demonstration testing on public roads in Japan of the Giga Fuel Cell, a fuel cell (FC)-powered heavy-duty truck currently being co-developed by the two companies. Through this demonstration testing, scheduled to run through September 2024, the two companies will continue making progress in collecting data, […] The post Isuzu, Honda Start Testing Hydrogen-Powered Giga Fuel Cell Truck in Japan appeared first on NGT News.

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U.S. Launches Semiconductor Supply Chain Review Due to China Concerns

Supply Chain Brain

The survey aims to identify how American companies are sourcing legacy chips as the country looks to award almost $40 billion in subsidies for semiconductor chip manufacturing.

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Rethinking warehouse work culture: Can automation create better workplaces?

Heico Sandee, CEO of Smart Robotics, explores how automation redefines warehouse culture. By shifting repetitive tasks to skill-based roles, automation improves safety, fosters collaboration, and makes warehousing more appealing to today’s workforce.

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'Predatory' tows: Big-dollar trucking impact post-crash or parking

Overdrive Online

A near-$10K post-crash tow bill underscores this in-depth conversation with ATRI about the org's comprehensive report on predatory towing in trucking, with added insight about what small fleet owners can do about it.

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How Can Last Mile Delivery Solutions Ensure Your Customers Get The Ultimate Hot Chocolate Experience

Loginext

This Christmas season, treat your customers to a cup of hot chocolate. Learn about trending hot chocolate receipes you can offer your customers and how choosing the right last mile delivery solution helps with the best delivery experience possible. The post How Can Last Mile Delivery Solutions Ensure Your Customers Get The Ultimate Hot Chocolate Experience appeared first on loginextsolutions.com.

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Capital Product Partners Finalizes $3B Acquisition of 11 LNG Vessels

Supply Chain Brain

Capital Product Partners entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, 2023 to acquire 11 LNG vessels from Capital Maritime.

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Meet The Heart Behind LogiNext’s Route Planning- Sahil Dhakad on WeAreLogiNext

Loginext

Meet The Heart Behind LogiNext’s Route Planning- Sahil Dhakad on WeAreLogiNext This article is a part of the #WeAreLogiNext series of articles where we focus on people’s journeys that power the company. As the need for engineers to adapt to modern technology rises, there are those that not only evolve but also carve their […] The post Meet The Heart Behind LogiNext’s Route Planning- Sahil Dhakad on WeAreLogiNext appeared first on loginextsolutions.com.

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Peak Season Robot Picks Surge

Logistics Business Magazine

Locus Robotics, a market leader in autonomous mobile robots (AMRs) for fulfilment warehouses, released its annual Cyber Week recap announcing a record-breaking 331 million units picked globally on behalf of its retail and third-party logistics partners, a 66% increase over last year. LocusBots picked almost 7 million average daily units, an increase of 107% vs. 2022.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Penske Truck Leasing Dedicates Classroom at Universal Technical Institute, Dallas

Penske Move Ahead

In a celebration that bridged education and transportation, Penske Truck Leasing recently held a dedication ceremony at the Universal Technical Institute (UTI) Dallas campus. The focal point of the event was the unveiling of the revitalized diesel classroom. The ceremony, attended by Penske representatives, UTI Dallas students, faculty and community members, underscored the opportunities that are available for students when partnerships between schools like UTI and key industry leaders like Pens

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Certification Hat-Trick for Lödige

Logistics Business Magazine

Lödige Industries, a global supplier of material handling systems, has received certifications for quality management (ISO 9001:2015), environmental management (ISO 14001:2015), and occupational health and safety management (ISO 45001:2018) for its subsidiary Lödige Systems Middle East. Lödige Industries’ subsidiary, established in Doha, Qatar in 2006, was audited by IQNET member qualityaustria, a global network of certification bodies for health and safety, quality management, and busines

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Trina Solar’s New Truck Fleet to Deliver Photovoltaic Modules for U.S. Projects

NGT News

Trina Solar, a provider of smart solar products and solutions, rolled out its new fleet of Trina-branded trucks to deliver its photovoltaic (PV) modules for utility-scale solar projects in the U.S. This step marks the first phase in Trina’s fleet strategy, with the company to commence the electrification of its delivery fleet in 2024. The […] The post Trina Solar’s New Truck Fleet to Deliver Photovoltaic Modules for U.S.

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What’s Happening in Global Supply Chains: Re-Routings, Cancellations, and Surcharges

MTS Logistics

Global supply chains are quite fragile and rigid. Whether from climate change, war or human error, there is not always an easy solution when a problem occurs. The general public is unaware how goods end up on store shelves. They don’t realize how one or two incidents half a world away can disrupt supply chains. There are choke points where a delay can cause ripples throughout the entire supply chain.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.