International Logistics

After its first foray into an international market ended in a billion dollar loss last year, Target Corp. is once again embracing new additions to its supply chain. This time they’re playing it safe, though, investing in a market where they have a proven track record: the Internet.

Canadian National Railway is buying more refrigerated intermodal equipment as the prospect of tighter regulation of food supply chains poses a challenge for shippers.

India’s Allcargo Logistics, through its wholly owned non-vessel-owning common carrier arm Ecu Line, made its first foray into the e-commerce logistics market by entering into a cargo consolidation contract with China online shopping giant Alibaba.

XPO Logistics raised $1.26 billion from institutional investors and plans a $2 billion stock sale to help finance its latest acquisitions and prepare for more.

Package Sorter in Cincinnati
Global delivery company DHL Express will invest $108 million to expand its Americas hub at Cincinnati-Northern Kentucky airport to keep pace with rising demand in international e-commerce and trade.

Signifying the next stage in the revitalization and development of the Jones Act U.S. fleet, a combined container/ro-ro (con-ro) carrier has been phased into the Hawaii-U.S. mainland trade.

Kintetsu World Express’s $1.2 billion acquisition of APL Logistics was finalized on Friday, May 29, after the deal secured all the required legal, regulatory and shareholder approvals.

Crowley Maritime Corp.’s global ship management group has been awarded a contract to crew, operate and maintain four U.S.-flag domestic ships that Pasha Group is acquiring from Horizon Lines for operation in the West Coast-Hawaii trade.

Toll Group began operating under the Japan Post flag today as president and CEO Toru Takahashi announced the new board that will provide governance to the Melbourne-based logistics company.

Electronically tethered convoys may be on the horizon. A U.S. study looks at linking trucks via vehicle-to-vehicle technologies that control speed and braking for safer, more efficient transportation.