Uptake’s Predictive Analytics Software for Trucks May Revolutionize the Industry
Uptake, a Chicago-based predictive analytics software company, recently partnered with Daimler Truck to use its data-as-a-service model to predict potential faults and failures in trucks. This could result in significant savings for fleets that adopt the software....
2022 CARRIER OF THE YEAR – NGL TRANSPORTATION
Third-party logistics company Taylor Logistics Inc. held its third annual Carrier of the Year Awards program, recognizing its most outstanding North American carrier. This unique awards program recognizes carriers that go above and beyond by displaying the highest...
Hanyang University’s ERICA Academic Information Center Opens Roh Sang-il HOLMZ for Comfortable and Quality Learning
The ERICA Academic Information Center in Hanyang University has opened the Roh Sang-il HOLMZ, a remodeled reading room on the fourth floor of the center, with a donation from alumnus Roh Sang-il (Sean Roh, CEO of NGL Trnansportation). The aim is to provide a...
OOIDA cannot take part in CTA’s AB5 litigation, California doesn’t want them to
California is objecting to the allowance of the OOIDA (Owner-Operator Independent Drivers Association) into the next round of the California Trucking Association’s lawsuit against California in accordance with the AB5 independent contractor law. The recent filing in...
Phoenix headquarters gets a gas station
In collaboration with TOTAL FLEET SERVICE, NGL Transportation opened a gas station at its Pheonix headquarters. Due to the company's gas station, drivers can get quality gas immediately at a lower price and spend less time on the road.
Forecasts predict the freight forwarding global market to reach $220.34 billion by 2026.
The global freight forwarding market is predicted to grow by $11.05 billion from 2021 ($180.66 billion) to 2022 ($191.71 billion), a compound annual growth (CAGR) of 6.1%. Projections, also, indicate market growth of $220.34 billion in 2026. The GFF market includes...
How can the 3PL industry bounce back from an unprecedented 2021?
2021 was an unprecedented year for the third-party logistics industry (3PL). Increasing volumes and emphasis on outsourced logistics to manage ever-changing inventories led to 2021 being the most profitable year ever for the trillion-dollar industry, according to a...
NGL signed MOU with Hanyang University
With the signing of a MOU, NGL Transportation and Hanyang University intend to develop a one-stop logistics platform that integrates end-to-end First Mile operations, including the AI-enabled platform that integrates port, logistics, yard, warehouse, and autonomous...
NGL signed MOU with Global e-Energy Solutions
NGL Transportation and Global e-Energy Solutions Inc. have signed an MOU to establish the battery logistics ecosystem. Global EV battery sales are expected to increase by 30% by 2030 and recycling the EV battery is becoming an increasingly important area....
Plans to reset inventory; Apple expands; Auto drive south
Supply-chain challenges are causing companies to reconsider managing inventory to meet customer demand while preserving their balance sheets. Businesses including film and photographic supplies manufacturer Eastman Kodak and beauty-products maker Olaplex are among...
Despite decades of growth, Amazon’s Online Store is stalling
Amazon.com, known as the legendary e-commerce machine, has been growing at breakneck speed for more than two decades and is showing signs of stalling. On Thursday, the tech giant reported its slowest sales growth in roughly two decades. Product sales have flatlined,...
Imports soar as U.S. trade deficit reaches record $109.8 billion
In March, inflation, supply imbalances, and strong demand for imported goods widened the U.S. trade deficit, with clothing, computers, and vehicles driving the surge. Therefore, according to the Commerce Department, the trade gap in goods and services widened by 22.3%...
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