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logistics technology news
Logistics Technology News
Our logistics technology news include logistics technology startups, solutions, and the impact of technology on logistics and supply chain management.
The latest
Logistics Technology News
& Analysis
Profit Slips 0.3 Percent at Kintetsu World Express
Hisane Masaki, Special Correspondent |
Major Japanese international freight forwarder Kintetsu World Express said its group net profit edged down 0.3 percent year-over-year to $30.42 million in the first quarter of fiscal 2012, which start
Logistics Technology News
DSV's Profit Up 5.9 Percent in Second Quarter
Bruce Barnard, Special Correspondent |
DSV’s core profit increased 5.9 percent in the second quarter from a year ago as the Danish logistics and freight forwarding group cut costs to maintain margins in its global air, sea and trucki
Logistics Technology News
Forwarding
Nippon Express Opens Office in Myanmar
Hisane Masaki, Special Correspondent |
Nippon Express Co., Japan’s largest international freight forwarder, said on Friday that it has set up a representative office in Myanmar, formerly called Burma, with an eye on upgrading the new
Logistics Technology News
PSA Invests in Automated Port Vehicles
Mike King, Special Correspondent |
Global port giant PSA and the Port Authority of Singapore have allocated some $15.8 million to develop a new generation of automated port vehicles to be deployed at PSA’s transhipment facilities
Logistics Technology News
Kuehne + Nagel Acquires Canadian Perishables Forwarder
Bruce Barnard, Special Correspondent |
Kuehne + Nagel is acquiring the business contracts of Canada’s Perishables International Transportation in the latest expansion of Swiss logistics giant’s global fresh and frozen foods net
Logistics Technology News
Air Cargo Carriers News
Cool Cargo News
3PLs See Gains in Reverse Logistics Management
David Biederman, Special Correspondent |
Once regarded as a necessary evil and a drag on the bottom line, reverse logistics has emerged as a critical capability for third-party logistics providers trying to capture a share of booming seconda
Logistics Technology News
India OKs Kintetsu-Gati Joint Venture
JOC Staff |
Indian regulatory authorities cleared a joint venture between Japanese forwarder Kintetsu World Express and domestic logistics group Gati Ltd.
Logistics Technology News
Forwarding
Richmond Port Using Real-Time Cargo Movement Technology
Peter T. Leach, Senior Editor |
Virginia International Terminals implemented new terminal-operating software at the Port of Richmond.
Logistics Technology News
Trucking News
3M to Expand Electronic Tolling Business
William B. Cassidy, Senior Editor |
Manufacturer 3M agreed to acquire Federal Signal Technologies Group, a unit of Federal Signal focused on electronic tolling technologies, for $110 million.
Logistics Technology News
Trucking News
Report: Forwarder Phoenix International Considering Sale
Mark Szakonyi, Associate Editor |
Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity, according to a report.
Logistics Technology News
Air Cargo
Air Cargo Forwarder News
Manitoulin Group Expands in Western Canada
William B. Cassidy, Senior Editor |
Manitoulin Global Forwarding, an international freight forwarder is expanding in western Canada, acquiring Can-Tran International of Leduc, Alberta.
Logistics Technology News
Maritime
Air Cargo
Trucking News
LTL
Hard-Disk Production, Prices Up After Thai Floods
Peter T. Leach, Senior Editor |
Although production of hard-disk drives is rapidly recovering from the catastro
Logistics Technology News
Saddle Creek Steers Toward CNG
William B. Cassidy, Senior Editor |
There’s more behind the renewed surge of interest in alternative fuels such as compressed natural gas than the comparatively high price of diesel.
Logistics Technology News
Panalpina’s First 747-8 Freighter Enters Service
Bruce Barnard, Special Correspondent |
Panalpina has started flying the first of two new Boeing 747-8 freighters with a maiden cargo flight from Hong Kong to Luxembourg.
Logistics Technology News
Descartes Acquires Dutch Transportation Software Provider
Peter T. Leach, Senior Editor |
Descartes Systems Group acquired Infodis, a Netherlands-based provider of transportation-management software, in an all-cash transaction for $3.7 million.
Logistics Technology News
Logistics Technology Demand Boosts Descartes Sales
William B. Cassidy, Senior Editor |
Logistics software supplier Descartes increased net profit 18 percent to $2.6 million as revenue increased 10 percent to $29.9 million in the
Logistics Technology News
Trucking? There's an App for That?
William B. Cassidy, Senior Editor |
Want to know what the next generation of technology used by transportation operators will look like? Glance at the nearest Android smartphone or Apple iPad.
Logistics Technology News
Trucking News
LTL
Consumer Technology Transforming Trucking
William B. Cassidy, Senior Editor |
Converging consumer and business technologies are changing the way motor carriers connect with truck drivers and customers at an increasingly rapid pace.
Logistics Technology News
Trucking News
LTL
Wireless ‘Spectrum Crunch’ Looms, Xata’s Schenk Warns
William B. Cassidy, Senior Editor |
Worried about driver and capacity shortages? Don’t forget the “spectrum crunch.”
Logistics Technology News
Kintetsu World Express Posts Record Profit for FY2011
Hisane Masaki, Special Correspondent |
Major Japanese international freight forwarder Kintetsu World Express, Inc.
Logistics Technology News
DSV Revenue Stalled in First Quarter
Bruce Barnard, Special Correspondent |
DSV, the Danish logistics and freight forwarding group, reported first quarter revenue stalled at $1.93 billion as lower sea and air traffic, along with freight rates, offset a stronger performance at
Logistics Technology News
Forward Air Profit Soars 30.6 Percent
Mark Szakonyi, Associate Editor |
Net income at Forward Air in the first quarter soared 30.6 percent to nearly $10.3 million, as the air freight trucker saw an increase in demand for its core services along with its logistics manageme
Logistics Technology News
Air Cargo Carriers News
Kuehne + Nagel's Profit Slumped in First Quarter
Bruce Barnard, Special Correspondent |
Kuehne+Nagel’s first quarter profit slumped to $73.5 million from $167.5 million a year ago as the
Logistics Technology News
Zero-Emission Vehicles Vital for Southern California, Official Says
Bill Mongelluzzo, Associate Editor |
If Southern California is to meet federal pollution reduction standards established for 2030, it appears inevitable that the goods movement industry will have to rely on zero-emission and near zero-em
Logistics Technology News
Expeditors’ Rose Denies Price-Fixing Allegations
William B. Cassidy, Senior Editor |
Expeditors International of Washington “vigorously denied” price-setting allegations that resulted in a $5.5 million fine from the European Commission.
Logistics Technology News
Air Cargo Carriers News
Nippon Express Buys US Logistics Firm AGS
Hisane Masaki, Special Correspondent |
Nippon Express Co., Japan’s largest international freight forwarder, said that it has acquired a 100 percent stake in U.S. logistics company Associated Global Systems, Inc.
Logistics Technology News
EU Fines 13 Air Forwarders for Price-Fixing
Bruce Barnard, Special Correspondent |
European antitrust officials on Wednesday fined 13 of the world’s largest logistics companies, including Kuehne + Nagel, Panalpina and UPS, a total of $225 million for fixing international air c
Logistics Technology News
Air Cargo Forwarder News
Air Cargo Carriers News
Transactional Transparency
David Biederman |
Transactional freight payment data is the mother lode of logistics information, the bedrock on which strategic benchmarking and transportation modeling rests.
Logistics Technology News
Forwarding
US Manufacturing Technology Orders Rise 8.4 Percent
Mark Szakonyi, Associate Editor |
U.S manufacturing technology orders in January rose 8.4 percent year-over-year, highlighting “manufacturers’ increasing confidence in future growth,” according to the Association for
Logistics Technology News
MCC Transport Launches Smart Phone Products
Mike King, Special Correspondent |
Intra-Asia container line MCC Transport has introduced a new mobile Web site and a smart phone application to enable customers to better track shipments and sailing schedules.
Logistics Technology News
Container lines
DHL Drives Deutsche Post Growth
Bruce Barnard, Special Correspondent |
Germany’s Deutsche Post DHL, coming off a year in which net profit fell by half because of a onetime charge related to the sale of its Postbank banking unit, forecast higher revenue and profit f
Logistics Technology News
Air Cargo Forwarder News
Air Cargo Carriers News
‘Multichannel’ Shoppers Challenge Retail Supply Chains
William B. Cassidy, Senior Editor |
Retail supply chains are no longer just multimodal, they’re multi-channel, and that’s adding layers of fulfillment complexity for shippers, a retail industry study finds.
Logistics Technology News
Panalpina Climbs Back Into the Black
Bruce Barnard, Special Correspondent ndent |
Panalpina swung to a profit of $139.7 million in 2011 from a 2010 loss of $28.6 million as the Swiss logistics and forwarding giant enjoyed organic growth across all regions and product divisions.
Logistics Technology News
Forwarding
US, Chinese Logistics Groups Sign Pact
William B. Cassidy, Senior Editor |
Non-asset freight transportation interests in the U.S. and China formed an alliance last week to promote trans-Pacific cooperation in third-party logistics.
Logistics Technology News
Kuehne + Nagel Expects Stronger 2012 After Flat 2011
Bruce Barnard, Special Correspondent |
Switzerland’s Kuehne+Nagel forecast above market average growth in an uncertain global economy for 2012 as net earnings grew only marginally to a record $661 million in 2011.
Logistics Technology News
Damco Profit Jumped 29 Percent in 2011
Joseph Bonney, Senior Editor |
Damco, the logistics and forwarding unit of A.P. Moller-Maersk, posted a 29 percent increase in profit last year as revenue and margins rose.
Logistics Technology News
Container lines
Forwarding
Electronic Container Booking Growth Outpaces Industry
Peter T. Leach, Senior Editor |
Electronic container cargo booking in 2011 outpaced overall industry volume growth by nearly four-fold, according to figures released Monday by INTTRA, an electronic booking portal for the container s
Logistics Technology News
Maritime
Forwarding
Expeditors Profit Falls 4 Percent on Weak Peak Season
Joseph Bonney, Senior Editor |
Expeditors International of Washington said a weak peak season for imports pulled fourth quarter profit down 4 percent year-over-year to $92.8 million.
Logistics Technology News
Air Cargo
CMA CGM Enlists IBM to Improve Operations, Cut Costs
Peter T. Leach, Senior Editor |
CMA CGM Group and IBM formed a partnership to develop a information technology unit to support the French carrier’s operations and reduce its costs.
Logistics Technology News
Maritime
Container lines
Forwarding
Kerry Expands Thailand Port Operations
Mike King, Special Correspondent |
Hong Kong-based Kerry Logistics, in the midst of a broad expansion of its Asia network, says it expects to com
Logistics Technology News
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