Ocean carriers cash in as high demand piles on stretched shipping system
A strong supply-demand balance has developed in favor of container shipping lines, with rate increases and surcharges sticking amid an early start to the peak season. Continue reading →
Truckload leader Kevin Knight retires from Knight-Swift
The Knight Transportation co-founder helped create the modern truckload business and built Knight-Swift into a diversified $6.7 billion transportation company. Continue reading →
How CTF is trying to rescue pharma’s shelved rare disease drugs
Right now, more than 5,000 potential rare disease treatments are sitting on drug company shelves, according to Children’s Tumor Foundation (CTF) CEO Annette Bakker. That includes drug candidates that companies have stopped actively developing, often after substantial preclinical, toxicology or...
Retatrutide eases sleep apnea and knee arthritis in new Phase 3 data, extending Lilly’s obesity lead over Novo
Eli Lilly used the American Diabetes Association’s annual meeting to announce that its investigational triple agonist retatrutide can treat the conditions obesity drives, beyond the excess weight itself. Detailed Phase 3 results from the TRIUMPH-1 program showed the once-weekly GIP, GLP-1...
Private equity firm acquires Double-Stack Logistics
The logistics-focused private equity firm Open Road Ventures (ORV) this week acquired Double-Stack Logistics, a Dallas-based intermodal freight broker that says it provides cost-effective rail transportation to shippers and manufacturers searching for affordable alternatives to moving goods over...
Orbis adds second production site for AutoStore plastic bins
The reusable packaging provider Orbis has expanded its production of bins for AutoStore automated storage and retrieval (AS/RS) systems, launching a second manufacturing site in Greenville, Texas.The Texas facility become Orbis’ second AutoStore bin making site for North America, joining a...
Dexterity's Mech delivers physical AI in a new era of distribution center automation
Distribution centers and warehouses face mounting pressure from labor shortages, physically demanding work, safety risks, and rising throughput demands. Enter the Mech, the first superhumanoid robot purpose-built for intralogistics from Dexterity.Featuring two autonomous arms with an advanced...
CISA Adds Actively Exploited SolarWinds Serv-U DoS Flaw to KEV Catalog
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has added a high-severity security flaw impacting SolarWinds Serv-U multi-protocol file server software to its Known Exploited Vulnerabilities (KEV) catalog, citing evidence of active exploitation. The vulnerability, tracked as...
Free Apps Are Quietly Turning Smart TVs Into Web-Scraping Proxies for AI
A researcher has reverse-engineered the iOS SDK that Bright Data embeds in consumer apps and documented how it turns devices, including always-on smart TVs, into exit nodes that relay web-scraping traffic for a data business Bright Data markets heavily to the AI industry. The company, the...