International Logistics

Descartes Systems has acquired Oz Development in a $29.5 million deal that will allow the company to extend its access to small-to-medium sizedcustomers. It’s the third major acquisition for Descartes in what the Waterloo, Canada-based firm global logistics software developer has called a “breakout year.”

DHL has named Mike Parra, a long-time logistics professional, to the position of CEO DHL Express Americas, replacing Stephen Fenwick, who is retiring Dec. 31.

A new dry port with a capacity of 900,000 twenty-foot-equivalent units will be built in the territory of the Nadezhdinskaya special economic zone in Russia’s Far East Primorye Territory to cope with growing volume.

APM Terminals has opened the expanded Aqaba Logistics Village, a multi-purpose distribution center close to Jordan’s main container port.

The National Automobile Dealers Association raised its forecast for 2016 U.S. car and light truck sales to 17.7 million units, a record high that will drive automotive freight and logistics demand.

Frank Appel, CEO of Deutsche Post DHL Group, the world’s largest leading logistics and mail communications company since 2008, will share his views on the current and future state of global supply chains on Feb. 28, 2016, at the 16th Annual TPM Conference in Long Beach, California.

Today’s automated freight payment and audit systems offer businesses flexible tracking and financing programs that accelerate cash flow without impacting balance sheets.

More "abundant" truck capacity hasn't diminished shipper interest in dedicated truck fleets, as hardware retailer True Value demonstrated in a new agreement with Ryder System.

An increase in inventories in the third quarter and September is skewing the pre-holiday shipping season, depressing imports and overland freight demand.

Half a year after acquiring Australia logistics giant Toll Holdings Ltd., Japan Post Holdings Co.'s mail and logistics unit is in a better financial position than it was at the same time a year ago, but still finds itself bleeding red ink.