#logistics-sector

[ follow ]
Artificial intelligence
fromwww.theguardian.com
1 week ago

Shares in trucking and logistics firms plunge after AI freight tool launch

Trucking and logistics stocks plunged after Algorhythm's AI SemiCab claims triggered investor fears of automation cutting demand, causing a sector-wide sell-off.
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Over 10% of transport & storage firms cut their prices in October - London Business News | Londonlovesbusiness.com

'The fact that nearly 11% of transport & storage sector businesses felt the need to cut their prices in October highlights the tough market conditions they are facing. 'In sharp contrast, only 3.3% of manufacturers and 1.7% of retailers reduced the prices of their goods and services. The logistics sector appears to be facing uniquely challenging times, largely because of the tight margins and demanding KPIs built into many contracts.
UK news
[ Load more ]