XPO Logistics Inc. has completed the acquisition of New Breed Holding Co., a provider of contract logistics services, at a cash purchase price of $615m.
Retailers concerned by the lack of a West Coast longshoremen's contract will continue to bring merchandise into the country at above-average levels this month, but volume will drop from the record set in August, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
AirBridgeCargo Airlines will cater to Basel, Switzerland's thriving health care industry with the launch of a Boeing 747 freighter service on Sept. 19.
Frank McGuigan, president of transportation management with Transplace, details the benefits of a "synchronized" 3PL-customer relationship, and provides guidance on how shippers can go about selecting the right partner.
Total cargo shipments on the St. Lawrence Seaway have now surpassed 2013 levels despite one of the most difficult starts to the shipping season in years due to ice coverage. According to Seaway figures, total cargo tonnage from March 25 to August 31 reached 20 million metric tons, up 3 percent over the same period last year.
In the folktale "The Three Little Pigs," a house made of brick is the one that the Big Bad Wolf can't blow down. If only today's brick-and-mortar retailers were as sturdy.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.