The integrated parcel delivery company said Monday its third quarter operating income rose 43.8 percent year-on-year to 46 million euros ($59 million). Revenue in the quarter rose 2.1 percent to 1.8 billion euros.
Former TNT Express Chief Executive Officer Marie-Christine Lombard has been named CEO of Geodis, the forwarding arm of France’s state-owned railway SNCF. She left TNT in September ahead of a proposed UPS takeover.
Deutsche Post DHL said it will build the largest parcel center in Germany in the Hessen city of Obertshausen, near Frankfurt. The facility will have a sorting capacity of 50,000 items per hour. Uwe Brinks, chief production officer, said DHL has submitted the building application to the Obertshausen municipality and wants to […]
The liner carrier said this week it is implementing a new $300 surcharge on all refrigerated containers originating in the Pacific Northwest market destined for Asia, the Indian Subcontinent and Middle East.
Echo Global Logistics said Thursday it has acquired substantially all of the assets of Sharp Freight Systems, an intermodal and truckload brokerage firm based in Yorba Linda, Calif., and with an office in Houston.
XPO Logistics has acquired the operating assets of Turbo Logistics, the freight brokerage division of Ozburn-Hessey Logistics (OHL). The cash purchase price was $50 million, excluding any working capital adjustments.
The Massachusetts Port Authority (Massport) named Deborah A. “Deb” Hadden, deputy port director of properties and transportation, as acting port director. She will oversee all aspects of Massport’s maritime department.
The liner carrier Hapag-Lloyd said Thursday it will delete a call at the Port of Baltimore from its GMX transatlantic service from early December. The revised rotation, as of the Dec. 8 sailing, will be Thamesport, Antwerp, Bremerhaven, Le Havre, Veracruz, Altamira, Houston, New Orleans, Charleston, and Thamesport. The service is operated with […]
The Singapore-based ocean carriers Orient Overseas Container Line and Pacific International Line, along with vessel partner Mitsui O.S.K. Line of Japan, have added a new port call at Fremantle, and an additional vessel to their joint weekly AAA1/AAB service between Southeast Asia and Australia. Roundtrip voyage time on the AAA1/AAB has increased from […]
German airline Lufthansa Cargo will boost its flights this winter to 300 destinations in 97 countries. Of these flights, 49 destinations will be served by the carrier’s freighters. The most recent addition to its schedule is the new service to Tel Aviv, which will connect the Israeli city to the carrier’s global […]
Accellos, a provider of supply chain software, released a new series of mobile applications for smartphones and tablets that provide real-time access to supply chain information. The new applications are an extension of the AccellosOne supply chain product line and designed to leverage the new features of Windows 8, the Colorado Springs, Colo.-based […]
Nippon Cargo Airlines (NCA) will start new freighter flights connecting Tokyo’s Narita International Airport and Dallas-Fort Worth International Airport in Texas, starting Nov. 5. Nippon Cargo’s twice weekly flights will be the first direct freighter connections for the Dallas/Fort Worth area into Japan, and will bolster DFW’s cargo lift capacity to Asia while […]
International Shipholding Corp. had a profit of $1.78 million in the third quarter ending Sept. 30, compared to $2.85 million in the same 2011 period. Revenue was $61.2 million in the third quarter, compared to $67.1 million in the same 2011 period. During the third quarter, the company acquired a railcar repair facility […]
SynchroNet Intermodal Services has started a new door-to-door service, DoorLogistics, which provides standard ISO boxes (20-foot, 40-foot, and 45-foot containers) door-to-door pricing and operations support. The new service offers access to a range of ISO container capacity in many inland and coastal origins to destinations across the United States and Canada. The company said […]
Third party logistics company CEVA Logistics has appointed Cindy Cochovity to executive vice president of business development for the Americas region. She has been with CEVA or acquired firms for more than 17 years. Most recently, Cochovity was senior vice president of industrial sector business development for the Americas, where she worked […]
Old Dominion Freight Line said Thursday it’s expanding its service into Canada with the relocation and expansion of its Detroit service center. The less-than-truckload carrier, which has been in the Detroit suburb of Troy for 11 years, said it has moved into a larger facility located on a 16-acre site in Troy near […]
At least a dozen law firms have announced they have launched investigations into or filed lawsuits against Overseas Shipholding Group (OSG) in the wake of a plunge in OSG’s shares following an announcement on Monday by the tanker company that its financial statements for the past three and a half years “should no longer be […]
Maritime New Zealand (MNZ) said Daina Shipping Co., the owner of the containership Rena which went aground off the coast of Tauranga last October, pleaded guilty on a charge related to discharge of harmful substances and was fined $300,000 New Zealand dollars ($246,798) on Friday in Tauranga District Court. Daina is a subsidiary […]
Rogers, Ark.-based Don’s Cold Storage, which provides temperature-controlled warehouse and transportation services to a variety of industries, will build a new cold storage and distribution center in Joplin, Mo. The 150,000-square-foot warehouse will cost $14 million and is expected to create 52 jobs.
If you ask senior managers in the third party logistics services profession in the United States how they got into the industry, the answer you’ll often get is “I fell into the business.” When these executives finished their educations 15 to 20, or even more, years ago, they weren’t thinking about pursuing a […]
