Logistics Technology News

Trucking company Ryder System today reported its profit in the fourth quarter of 2012 was $53.8 million, rising 12 percent from $48.1 million in the fourth quarter of 2011.

UPS reported a net loss of $1.7 billion in the fourth quarter of 2012, falling $2.5 billion from a profit of $725 million in the fourth quarter of 2011.

Container Corporation of India reported its net profit in the third fiscal quarter, which ended Dec. 31, 2012, was $43.8 million, down 2 percent from $44.6 million in the same quarter in 2011.

Logistics provider Globe Express Services has hired Steve Hankins, former Tyson Foods CFO, as executive vice president, CFO and chief information officer.

Freight forwarder FedEx Trade Networks, a subsidiary of FedEx, has opened its first office in Thailand, located in Bangkok.

Revenue Technology Services, a Plano, Texas-based transportation technology company, has launched CargoPriceOpt, a pricing decision support system for the cargo industry.

Third-party logistics provider Port Jersey Logistics has appointed Al Hickey as director of operations.

Transportation company TSD Logistics, which specializes in the tire and rubber industry, has named Robert Muir as CEO and president.

Logistics provider Agility has opened a new warehouse in Melaka on the Malay Peninsula.

Freight forwarding and supply chain management company Damco will move its headquarters from Copenhagen, Denmark, to The Hague in the Netherlands in February, and will also implement several senior-level management changes.

The Traffic Club of Chicago has elected new officers and directors to serve on the 2013 board of governors. The election was held in December at the members’ annual holiday reception.

Saddle Creek Logistics Services announced today that it is opening a new facility in Birmingham, Ala.

Baltimore-based logistics provider Samuel Shapiro & Company has promoted Corey Wagner to regional director of sales at its Decatur, Ga., branch.

Supply chain solutions providers SBS Worldwide and Swiss company Tibbett & Britten Unique have entered into an agency agreement, which allows SBS Worldwide to offer Tibett & Britten Unique’s services covering Switzerland.

Michigan-based Hanson Logistics, which provides temperature-controlled supply chain services, has promoted Jack White to the position of vice president and CFO.

Logistics provider SynchroNet Intermodal Services has hired Derrel E. Chappell as director of sales for North American domestic services.

Freight trucking company ABF Global Supply Chain Services, a subsidiary of Arkansas Best, has added Brazil, Chile, Argentina, Colombia, Peru and Uruguay to its ocean transport network...

Dachser has acquired Transunion, a Spanish air and sea freight logistics provider, according to Dachser Transport of America, the U.S. division of the Germany-based logistics service provider.

CargoWise, which provides technology solutions for logistics service providers, has partnered with enterprise resource planning software company RBC Group to expand its network in eastern Europe and Russia.

CaroTrans has added a new weekly less-than-containerload export service from San Francisco to Japan.

Trade Tech, which supplies cloud-based solutions for the logistics industry, announced that its electronic filing solution has been authorized by Nippon Automated Cargo and Port Consolidated System, the Japanese government’s trade and customs clearance service, for Japan’s Advance Filing Rules that will go into effect in March 2014.

Salt Lake City-based third-party logistics provider England Logistics has promoted Jason Beardall to president.

Third-party logistics provider BNSF Logistics has acquired logistics management company EP-Team, based in Flower Mound, Texas.

Freight forwarding and logistics management company China Logistics Group has launched a domestic trucking services operation in China through a partnership with a domestic trucking company.

Supply chain management company ModusLink Global Solutions has named John J. Boucher, 53, president and CEO, effective Jan. 28.

Third-party logistics provider OHL has promoted Randy Tucker, current executive vice president of human resources and project management, to president of OHL Contract Logistics, effective immediately, according to OHL CEO Randy Curran.

FedEx has named Henry J. Maier as president and CEO of FedEx Ground, a subsidiary of FedEx that provides ground small-package delivery services.

Purolator International today announced its plans to add three new branches during the first quarter of 2013, bringing the logistics provider’s total number of branches to 33.

UPS’s withdrawal of its $6.9 billion offer to buy TNT Express raises what steps the Dutch shipping company will take next to sell its Asian and Latin American ground networks, health care supply-chain operations, and European road and parcel assets.

North American customs broker Livingston International has acquired New Orleans-based MBLX and MBLX Resources, according to Peter Luit, Livingston’s president and CEO.

UPS today said it will withdraw its $6.9 billion offer to acquire Dutch shipping company TNT Express, after competition authorities at the European Commission informed UPS that it would block the arrangement.

Express transportation company FedEx Express, a subsidiary of FedEx, has implemented new rates for customers in the Asia-Pacific using FedEx International Priority and FedEx International Economy services.

Transportation and supply chain management company MIQ Logistics, based in Overland Park, Kan., has hired Barry Solomon to be part of the sales team as manager of business development.

Freight forwarder and logistics management company China Logistics Group has announced its outlook for logistics operations in China in 2013 is improving.

Puteaux, France-based supply chain management company SDV, a subsidiary of the Bollore Group, has acquired a majority stake in Safcomar Overseas, a Swiss-based logistics provider, and renamed it SDV Suisse.