Weber Logistics Names New CEO
Nick Weber, chairman of Weber Logistics, announced Wednesday that the Santa Fe Springs, Calif., third-party logistics firm has named Harry Drajpuch its president and CEO, effective immediately.
June 22, 2011U.S. Economy Shows Signs of Stalling, Logistics Analyst Says
WASHINGTON — There are signs the U.S. economy is stalling and could undermine a tenuous recovery for freight haulers, according to the author of a report on logistics costs by the Council of Supply Chain Management Professionals.
June 20, 2011Express-1 Gets $150 Million Buyout Offer
An investor announced plans this week to take control of Express-1 Expedited Solutions, in order to expand the brokerage and forwarding business.
June 17, 2011Descartes Systems Buys Telargo for C$9.6 Million
Descartes Systems Group, a supplier of logistics technology, has acquired Telargo Inc. for about C$9.6 million in cash.
June 17, 2011Geodis Wilson Buys One Source Logistics
Dutch freight forwarder Geodis Wilson has acquired U.S. logistics provider One Source Logistics to expand its U.S. presence.
June 17, 2011Vigillo Creates New Division
Vigillo LLC, which offers reports CSA scorecards to truckers, brokers and shippers, said it has created a new data mining software division called IQLab to meet demand for custom reporting and analytics.
June 16, 2011Hub Group Buys Drayage Carrier Domestic Transport
Intermodal and logistics firm Hub Group Inc. said Monday it has acquired Pacific, Wash., drayage carrier Domestic Transport. Terms were not disclosed.
June 13, 2011GSC Logistics Buys Seattle’s Best Way Trucking
Third-party logistics provider GSC Logistics said it has purchased Seattle-based Best Way Trucking, effective June 1. Terms were not disclosed.
June 3, 2011Opinion: Think Inside the Box
Because transportation costs outweigh warehousing costs several times over and continue to rise, most companies think outside that big box called the warehouse when the topic is logistics and concentrate instead on how things get to their destination.
June 3, 2011UTi Worldwide’s Fiscal 1Q Income Slips
Air and freight forwarder UTi Worldwide said Thursday its fiscal first-quarter profit fell to $8.7 million, or 8 cents per share, from $10.1 million, or 10 cents, a year ago.
June 2, 2011