Logistics services - Articles - Page 23

XPO Logistics Agrees to Acquire Con-way Inc.

September 14, 2015

XPO Logistics Inc. has entered into an agreement to acquire Con-way Inc., the Fortune 500 provider of less-than-truckload and full truckload transportation, contract logistics and truck brokerage.

Google Wants to Be Your Grocer

September 10, 2015

Business Week

Google Inc. will start testing a delivery service for fresh food and groceries in two U.S. cities later this year, stepping up competition with online retailer Amazon.com Inc. and start-up Instacart Inc.

Roadrunner Renames Transportation Management Unit

September 9, 2015

Roadrunner Transportation Systems Inc.

Roadrunner Transportation Systems Inc., an asset-light provider of transportation and logistics services, has changed the name of its Transportation Management Solutions operating segment to Global Solutions.

AMI Extends click2ship Service to South Africa

September 8, 2015

Air Menzies International Ltd.

Air Menzies International Ltd. (AMI), a trade-only wholesaler of airfreight and express capacity, has extended its click2ship service to South Africa.

MNX Global Opens Life Sciences Logistics Center in Amsterdam

September 8, 2015

MNX Global Logistics

MNX Global Logistics has opened a dedicated supply chain and logistics facility in Amsterdam, the Netherlands.

High Backlogs, Tough Comps Lead to 5th Consecutive Decline of Net Orders for Classes 5-8

September 8, 2015

ACT Research

For the month of August, 37,200 orders for vehicles in classes 5-8 were booked, down 8 percent from July and down 14 percent compared to August 2014. However, these numbers are preliminary. Actual numbers will be published in mid-September.

Recovery in Dry Bulk Shipping Market Thought to Be Unlikely Before 2017

September 4, 2015

Drewry

The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry.

Agility Opens Pharmaceutical Competence Center in Brazil

September 3, 2015

Agility

Logistics provider Agility has opened a Pharmaceutical Competence Center in Sao Paulo, Brazil.

Freight Brokering Industry Flourishes as Bond Renewal Period Approaches

September 3, 2015

Vic Lance, Founder & President, Lance Surety Bond Associates

Thousands of brokers are currently in active search for the best freight broker bond renewal deal on the market. The reason for the shopping spree is that renewed freight broker bonds are an indispensable requirement to stay compliant and licensed for the new season.

Tanker Market Growing, But Earnings Expected to Decline

September 3, 2015

Drewry

The product tanker market has enjoyed healthy returns in recent years on the back of structural changes taking place in trading patterns. However, impending fleet growth is expected to reduce the sector's earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry.