International Logistics

Rick Gabrielson, senior manager for import transportation at Target Corp., has been named vice president of transportation at Lowe’s Cos.

Norbert Dentressangle’s $750 million acquisition of Iowa-based Jacobson Companies not only gives the European logistics giant a larger footprint in a faster-growing economy but also one with more supply chain management outsourcing potential.

After hitting record gross revenue and net revenue in the second quarter, Echo Global Logistics sees more opportunity in helping shippers secure space in an increasingly tightening market.

The strengthening U.S. economy, a second-quarter surge in freight and higher rates boosted revenue and profit at Con-way’s less-than-truckload, logistics and truckload divisions.

China shoe factory
China will remain the clear leader in U.S. footwear imports even as Vietnam and other countries nibble away at its market share, according to a new forecast by the Footwear Distributors and Retailers of America.

More shippers contracting with C.H. Robinson Worldwide shifted loads from railroad to highway in the second quarter after seeing intermodal rail service deteriorate.

XPO Logistics will add more than half a billion dollars in revenue to its top line by acquiring New Breed Logistics for approximately $615 million.

DSV flags
DSV today became the latest top 10 freight forwarder to post market-beating growth in ocean container traffic as the consolidation of the fragmented global logistics industry gathers pace.

UPS package vehicle
Strong business demand for package and freight transportation drove volumes and revenue higher at UPS in the second quarter.

Transport Corp. of India reported its net income in the first fiscal quarter, from April to June, was $2.7 million.