Convoy, a digital freight business, announced further layoffs on Monday, the tech giant's second round of layoffs in a year after laying off 7% of its workers in June. However, the Seattle-based company declined to reveal how many staff were let go "out of respect for our employees – some...
Did the United States cut imports too much, paving the way for a shipping rebound?
The supply chain in the United States is experiencing a "bullwhip impact." Importers overreacted to last year's bottleneck and increased consumer demand by bringing in too much cargo too soon, leaving them with surplus inventory. Could a bullwhip effect occur in the opposite direction next year? According to Rolf Habben...
CSX will engage employees and customers as it implements its cultural strategy.
As new CSX president and CEO Joe Hinrichs settles into his post, he will prioritize building a company culture that values not only the railroad's existing and potential customers but also its people. The "One CSX" cultural project was developed months ago. Still, recent tensions between railways and labor unions,...