Seko Logistics Acquires Stake in e-commerce Firm
Seko Logistics has acquired an equity stake in Metakinetic, an e-commerce company.
October 2, 2014Logistics Firm Network FOB Acquires Interlog USA
Network FOB, a Jacksonville, Florida-based logistics firm, has acquired international transportation company Interlog USA Inc. Terms were not disclosed.
October 2, 2014EPA Recognizes Logistics Firms for Reducing Emissions
SAN ANTONIO – The U.S. Environmental Protection Agency recognized seven shippers and four logistics firms for their efforts to reduce emissions as part of the agency’s SmartWay Transport Partnership at the Council of Supply Chain Management Professionals annual conference here Sept. 23.
September 23, 2014UTi’s Fiscal Second-Quarter Loss Widens
UTi Worldwide Inc. reported its second-quarter fiscal loss increased to $16.9 million, or 19 cents per share, from $4.4 million, or 4 cents per share, the prior year.
September 4, 2014XPO Completes Acquisition of Logistics Firm New Breed
XPO Logistics said it has completed the acquisition of specialized logistics firm New Breed Holding Co. for $615 million.
September 2, 2014US Appeals Court Upholds Calif. Meal Break Law in Penske Case
A U.S. appellate court last week upheld a California law requiring employers to provide a paid 30-minute meal break for employees working more than five hours, reversing a lower court that had ruled a federal law pre-empted the state requirement for truckers.
July 14, 2014Logistics Spending Rises, Led By Warehouse Services
Business spending on transportation and logistics hit $1.39 trillion last year, an increase from $1.35 trillion the year before, according to the 25th annual “State of Logistics” report.
June 23, 2014Logistics Costs Rose 2.3% in 2013
Total U.S. business logistics costs in 2013 rose to $1.39 trillion, a 2.3% increase from 2012, according to the 25th annual “State of Logistics Report” released June 17.
June 17, 2014Ingram Micro Adds UPS Executive to Board
Ingram Micro Inc., a wholesale distributor of electronics and mobile phones, said it has elected UPS Inc. Chief Information Officer David Barnes to the board of directors.
June 6, 2014UPS to Open Logistics Center for Pratt & Whitney
UPS Inc. will open a 600,000-square-foot logistics center in New Hampshire for Pratt & Whitney, according to the aircraft parts manufacturer.
May 21, 2014