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Logistics News
Business, Logistics

Logistics Concerns Could Reduce Overseas Manufacturing

Companies are considering moving their manufacturing away from foreign countries as off-shore manufacturing costs increase, a survey released Monday said.

February 10, 2009
Business, Equipment, Logistics

APU Maker RigMaster Ceases Operations

RigMaster Power Corp., a Canadian manufacturer of auxiliary power units, has ceased all operations, according to a voice message on its telephone.

February 9, 2009
Government, Business, Logistics

FedEx Express Opens New China Hub

FedEx Express said Monday it has begun operations at its new Asia Pacific hub in Guangzhou, China, the company’s largest hub outside of the United States.

February 9, 2009
Business, Technology, Equipment, Safety, Logistics

Descartes Buys Oceanwide’s Logistics Business

Descartes Systems Group said Thursday it acquired the logistics business of privately held Oceanwide Inc., in an all-cash transaction of about C$10.4 million ($8.4 million).

February 6, 2009
Business, Logistics

Kansas City Southern’s 4Q Income Declines

Kansas City Southern said its fourth-quarter profit fell 27% to $36.4 million, or 40 cents a share, from $49.9 million, or 56 cents, a year ago.

February 4, 2009
Fuel, Business, Logistics, Government

Diesel Drops 2.2¢ to $2.246

Diesel fuel’s national average price fell 2.2 cents to $2.246 a gallon, the lowest in more than three and a half years, the Department of Energy said Monday.

February 3, 2009
Business, Logistics

Carrier Logistics Offers Fleets Web-Based Software Product

Carrier Logistics Inc., a software provider focused on less-than-truckload carriers and logistics companies, said that it rolled out a Web-based, pay-as-you-go version of its FACTS freight management software.

February 3, 2009
Business, Logistics

Vitran Opens Southern Calif. 3PL Facility

Vitran Logistics has opened a distribution center in Ontario, Calif., in order to serve Sam’s Club, the company said.

February 2, 2009
Government, Business, Logistics

Chicago Manufacturing Index Declines

Manufacturing activity in the Chicago region contracted in January for a fourth straight month, the National Association of Purchasing Management said Wednesday.

January 30, 2009
Government, Business, Logistics

Norfolk Southern’s 4Q Profit Improves

Norfolk Southern Corp. said its fourth-quarter profit rose 13% on higher shipping costs, though its intermodal business declined.

January 28, 2009
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