Americold, a provider specializing in temperature-controlled warehousing and logistics services to the food industry, has introduced a new product to coordinate and expedite the delivery of less-than-truckload (LTL) and full truckload shipments.
Exel has opened a 250,000-square-foot distribution center in Laredo, Tex., in support of the provider's "Logistics Without Borders" supply-chain service.
Damco, the global freight forwarder and logistics service provider, said it will acquire Pacific Network Global Logistics, a freight forwarder operating in China and Australia.
Encompass Global Logistics LLC, a third-party logistics provider operating in the trans-Pacific trade, has made enhancements to its refrigerated service.
C.H. Robinson Worldwide Inc. has formed a new division to offer logistics services to chemical manufacturers and distributors. Dubbed ChemSolutions, the unit can provide chemical bulk shipping, safety and sustainability, freight forwarding, customs brokerage, vendor and supplier compliance, global trade management and multimodal transportation.
APL Logistics has opened its first Quality Assurance Centers in Bangladesh, in Dhaka and Chittagong. The company has a 30,500-square-foot center in Gazipur, Dhaka, along the Dhaka-Chittagong highway.
In spite of a slow economic climate, 74 percent of the North American logistics companies surveyed achieved or exceeded revenue projections in 2011. However, companies that failed to meet their financial projections were up sharply from 14 percent in 2010, to 26 percent in 2011.