Report: Shipping emissions rose nearly 5% in 2021
Shipping-related greenhouse gas emissions rose by 4.9% in 2021 and were higher than in 2020 and 2019, according to Simpson Spence & Young’s annual industry report.
FedEx, Microsoft extend partnership to offer ‘logistics as a service’
FedEx and Microsoft are extending their partnership and offering a cross-platform “logistics as a service” solution that will leverage FedEx’s shipping data on a Microsoft platform to help businesses better fulfill, ship and serve customer orders, the companies announced in a joint press release Monday.
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Retail’s latest challenge is a ‘problematic’ number of returns
U.S. retailers are bracing for more returns than usual, adding stress to an industry already grappling with increasing labor costs and supply chain issues.
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Inventory restocking efforts push logistics real estate demand even higher: Prologis
Companies seeking to create more resiliency in their supply chains are helping fuel strong logistics real estate demand, Prologis CFO Tom Olinger said on the company’s Q4 earnings call.