Business
United Parcel Service, Inc. recently announced its first distribution center in Aurora, Colorado. The company signed a 10-year lease for the entire 360,000 square foot building located in Consolidated Investment Group’s (CIG) East Park 70 industrial park. More than 700 new jobs will be created with this facility when it is fully operational in late 2018. Operations are expected to begin this year in time for the busy holiday shopping ...
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Canadian National Railroad (CN) and Norfolk Southern (NS) announced on October 27 that a new joint interline service initiative is reducing transit times by one to two days for carload traffic between Western Canada and NS destinations in the Eastern United States.
This seamless interline service, established in August, allows ...
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IAG Cargo has today announced its Q3 2017 results, reporting commercial revenue of €259m over the period from July 1 to Sept. 30, 2017, an increase of 10.2% on 2016 at constant exchange.
Overall yield for the quarter was up 2.4% at constant exchange. Volumes were ...
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Direct ChassisLink, Inc. (DCLI) announced that it has signed a definitive agreement to acquire TRAC Intermodal's (TRAC) fleet of approximately 72,000 53-foot domestic chassis and related customer and hosting contracts with major Class I railroads and intermodal shipping companies throughout the United States. The transaction is ...
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CEVA Logistics, one of the world’s largest supply chain management companies is celebrating two birthdays this month in Australia. The first marks ten years of operations as CEVA Logistics and the second is the first anniversary of the opening of its Victoria Supersite at Truganina.
In ...
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Roanoke Insurance Group Inc., a leading insurance and bond provider for trade and transportation, is pleased to announce that Karen Groff, Executive Vice President of Operations, assumed the role of president as of Oct. 1. Groff will be responsible for the ongoing leadership, management and ...
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To jointly celebrate its tenth birthday and to enhance the scope of its training and education capabilities, CEVA Logistics, one of the world’s largest supply chain management companies, has launched its newly expanded European Centre of Logistics Excellence in the presence of key customers and ...
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TechCrunch reports that Flexport has an epic plan to build a freight empire via a $110 million Series C at an $800 millilon pre0money valuation. TechCrunch has confirmed the round, and says it is mostly filled with existing investors, including DST, although the TechCrunch also ...
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The Helen Delich Bentley Port of Baltimore’s public marine terminals handled more TEU containers and general cargo tons than ever before during fiscal year 2017, which ran from July 1, 2016 through June 30, 2017. The port handled 907,957 TEU containers and 10,347,794 tons of ...
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Bahri and Bolloré Group have official inaugurated BahriBolloré Logistics, the companies’ joint venture. Bahri owns a 60% stake in the joint venture, while Bolloré owns the remaining 40%.
Headquartered in Riyadh, KSA, BahriBolloré Logistics will provide end-to-end logistics and supply chain management solutions to local and ...
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