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sourcingjournal.com > topics > logistics > maersk-1000-job-cuts-layoffs-corporate-red-sea-suez-canal-freight-rates-overcapacity-ocean-carriers-2026-outlook-1234812407

Maersk Slashes 1,000 Staff as Slumping Freight Rates Sink Earnings

Maersk Slashes 1,000 Staff as Slumping Freight Rates Sink Earnings3+ hour, 34+ min ago   (732+ words) Maersk is cutting about 1,000 jobs, or nearly 17 percent of its roughly 6,000 corporate positions, as the ocean carrier prepares for a further freight rate slump and possible ripple effects of a broader Red Sea return. The headcount reduction will cut corporate…...

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sourcingjournal.com > denim > denim-brands > diesel-debuts-first-luggage-collection-canton-unicorn-1234809718

Diesel Debuts First Luggage Collection

Diesel Debuts First Luggage Collection3+ day, 6+ hour ago   (231+ words) Diesel wants a piece of the jet-set lifestyle. The OTB Group-owned brand launched its first luggage collection under the creative direction of Glenn Martens, marking the brand's entry into a new category. The collection was developed in collaboration with Canton…...

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sourcingjournal.com > topics > trade > tariffs-supply-chain-layoffs-amazon-supreme-court-greenland-1234804305

Tariff Ticker: One-Third of Supply Chain Managers Report Layoffs Due to Duties, Supreme Court Decision Delayed

Tariff Ticker: One-Third of Supply Chain Managers Report Layoffs Due to Duties, Supreme Court Decision Delayed2+ week, 2+ day ago   (764+ words) Nearly one-third of supply chain companies are culling their ranks amid protracted tariff uncertainty and rising costs. According to newly released data from the Association for Supply Chain Management (ASCM) and CNBC, 32 percent of managers within the sector reported that…...

Sourcing Journal
sourcingjournal.com > topics > logistics > stg-logistics-chapter-11-bankruptcy-intermodal-reduce-debts-restructuring-drayage-freight-recession-trucking-1234798098

STG Logistics Enters Chapter 11, Says Operations Will Continue Uninterrupted

STG Logistics Enters Chapter 11, Says Operations Will Continue Uninterrupted3+ week, 1+ day ago   (689+ words) Intermodal logistics services provider STG Logistics has filed for Chapter 11 bankruptcy to restructure the company and reduce debts by nearly $1 billion. Filed in a New Jersey bankruptcy court, the "port-to-door" cargo hauling and transloading company entered into restructuring support agreement…...

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sourcingjournal.com > topics > logistics > logistics-us-mexico-cross-border-trade-ch-robinson-cainiao-echo-global-kuehne-nagel-warehouse-customs-1234797832

Logistics Giants Expand Mexico Ops as Cross-Border Trade Volumes Climb

Logistics Giants Expand Mexico Ops as Cross-Border Trade Volumes Climb3+ week, 6+ day ago   (695+ words) As Mexico's status as the top trade partner of the U.S. holds firm amid 2025's shifts in American trade policy, more global logistics firms are lining up to expand their presence to capitalize on the growing movement of goods between the…...

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sourcingjournal.com > topics > logistics > california-cdls-department-of-transportation-dot-fmcsa-withholds-160-million-17000-non-domiciled-trucking-1234797517

DOT Pulls $160M in Funds From California Over Failure to Rescind CDLs

DOT Pulls $160M in Funds From California Over Failure to Rescind CDLs4+ week, 3+ hour ago   (530+ words) The Department of Transportation (DOT) said it is withholding nearly $160 million in federal funding from California, following through on its repeated pressures on the state for failing to revoke 17,400 non-domiciled commercial driver's licenses (CDLs) by Jan. 5. On Dec. 30, California pushed…...

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sourcingjournal.com > topics > logistics > usps-non-domiciled-cdls-unvetted-truck-drivers-trucking-dot-trump-administration-crackdown-10-roads-express-1234797424

USPS Moves to Remove Unvetted Drivers From Contracted Trucking Fleet

USPS Moves to Remove Unvetted Drivers From Contracted Trucking Fleet4+ week, 1+ day ago   (652+ words) The U.S. Postal Service (USPS) is working with its contracted trucking providers to phase out unvetted non-domiciled commercial driver's licenses (CDLs) to reduce the risk of trucking-related safety incidents. The agency's decision aligns with the Trump administration's national crackdown on trucking…...

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sourcingjournal.com > topics > logistics > bed-bath-beyond-fmc-federal-maritime-commission-complaint-hmm-service-commitments-marcus-lemonis-ceo-1234797289

Another Carrier Joins Bed Bath & Beyond’s Growing FMC Docket

Another Carrier Joins Bed Bath & Beyond’s Growing FMC Docket4+ week, 2+ day ago   (725+ words) While Bed Bath & Beyond charts a comeback under new leadership, its former corporate shell lobbed yet another damages claim against an ocean carrier for allegedly failing to meet service commitments during the Covid-19 pandemic. In a complaint filed with the…...

Sourcing Journal
sourcingjournal.com > topics > logistics > dhl-supply-chain-tesla-semi-pilot-ev-electric-vehicles-truck-trucking-california-class-8-heavy-duty-decarbonization-1234795161

DHL’s Tesla EV Pilot ‘Exceeded Expectations,’ Paving Way for Expansion

DHL’s Tesla EV Pilot ‘Exceeded Expectations,’ Paving Way for Expansion1+ mon, 5+ day ago   (689+ words) DHL Supply Chain unveiled its first Tesla Semi truck earlier this month, a year after completing its first successful pilot, as the contract logistics provider continues to scale its North American electric vehicle fleet. The company says it now operates…...

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sourcingjournal.com > topics > technology > warehouse-robotics-artificial-intelligence-fundraising-roundup-1234791891

Year in Review: Five Logistics Tech Funding Rounds to Take Note Of

Year in Review: Five Logistics Tech Funding Rounds to Take Note Of1+ mon, 6+ day ago   (1434+ words) Artificial intelligence seems to be built into every startup pitching itself to investors and clients today." But some companies have already managed to convince investors that the technology they're selling can make a real impact, thus scoring millions on millions…...