logistics News Updates

Business, Logistics

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, 2011
Business, Logistics

U.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, 2011
Business, Logistics

Express-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, 2011
Business, Logistics

Descartes 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, 2011
Business, Logistics

Geodis 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, 2011
Business, Logistics

Vigillo 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, 2011
Business, Logistics

Hub 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, 2011
Business, Logistics

GSC 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, 2011
Perspective, Business, Logistics

Opinion: 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, 2011
Business, Logistics

UTi 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