Filed in Logistics
Monday, July 19, 2010
Earlier today, ATC Corporation, a provider of logistics and remanufacturing services for the high-tech and automotive industries, said it has entered into a definitive agreement and plan of merger pursuant to be acquired by third-party logistics (3PL) services provider Genco Distribution System Inc, for $512.6 million.
As a follow-up to a sustainability push launched last October, UPS recently announced it is expanding its Carbon Neutral shipping program to 35 countries and territories throughout Asia, Europe, and the Americas.
Friday, July 16, 2010
Penske Truck Leasing, a subsidiary of global transportation services provider Penske Corporation, said this week it has opened up a new facility in Tijuana, Mexico.
Posted on 07/16 at 09:18 AM
Thursday, July 15, 2010
The cost of the U.S. business logistics system declined 18.2 percent in 2009—the largest drop in the history of the State of Logistics Report. But as the economy slowly improves, shippers will need to be more cautious and tactical as they face increasing volumes, tight capacity, and higher rates.
Posted on 07/15 at 08:00 AM
Wednesday, June 30, 2010
Customer demand is the driver for flatbed expansion, says company officials.
Tuesday, June 29, 2010
While the economy shows some signs of improvement, increased volatility for 3PLs is likely to continue to present a challenge in the form of an increasing span of responsibilities and tasks for global supply chains, according to a DB Schenker executive.
Posted on 06/29 at 08:32 AM
Monday, June 28, 2010
YRCW has has entered into a definite agreement to sell a portion of its YRC Logistics business to strategic private equity investor Austin Ventures for $37 million.
Posted on 06/28 at 07:42 AM
Friday, June 25, 2010
Third-party logistics (3PL) services provider Evans announced this week it s rolled out a freight brokerage division, entitled Evans Freight Services (EFS).
Thursday, June 24, 2010
Cherry Hill, New Jersey-based NFI, an asset-based third-party logistics (3PL) services provider, announced this week it has acquired IPD, a global transportation and logistics services provider based in Mississauga, Canada.
Posted on 06/24 at 07:35 AM
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Tuesday, June 22, 2010
The big players continue their aggressive push into the supply chain management software space, using acquisitions and internal technology development to beef up their WMS and TMS offerings, build out planning and optimization, and even add event management to their menus.