Logistics Technology News

IMPEX Logistics has launched an ocean transportation purchasing cooperative for small and medium-size non-vessel-operating common carriers.

Despite challenging economic conditions, CargoWise’s revenue for the Americas region has increased by 34 percent year-over-year in the last 12 months, and the number of users expanded by 47 percent...

HELP Inc. is strengthening its support of cargo theft recovery efforts by delivering CargoNet theft alerts through the PrePass system to roadside enforcement officers at nearly 300 truck inspection facilities in more than 30 states.

Kerry Logistics has deployed three hybrid electric vehicles (HEVs) as part of a pilot program under the auspices of Hong Kong’s government.

Kane Is Able has named Gary Griffith its new senior vice president of business development and marketing.

ORBCOMM, a global provider or machine-to-machine solutions, has unveiled four asset-tracking and monitoring devices for the transportation and logistics industry.

CEVA Group reported its adjusted earnings before interest, taxes, depreciation and amortization in the first quarter of 2013 were €31 million (about US$39.8 million), plummeting 53 percent from $84.8 million in the first quarter of 2012.

DAF Trucks has selected DB Schenker in Brazil as its logistics service provider.

Port Logistics Group has added more than 1.1 million square feet of warehouse space to its City of Industry Retail Distribution Campus in California with the opening of two new facilities.

Katoen Natie has opened a 25,000 square meter (about 269,098 square foot) warehouse complex for the management of goods to be directed to Russia and the Commonwealth of Independent States in Muuga Harbour in Estonia...

Contrans reported its net income in the first quarter of 2013 was C$4.8 million (about US$4.7 million), falling 9.4 percent from $5.2 million in the first quarter of 2012.

Amber Road, a New Jersey-based platform that automates and streamlines global trade, has been selected by the Kahala Posts Group, an alliance of 10 postal administrations around the world...

The government of Canada has invested in the Atlantic Gateway to improve the supply chain efficiency and competitiveness of transportation in New Brunswick...

Transnet has concluded a two-year wage agreement this week covering all of its employees in the bargaining unit, represented by the Satawu and Utatu-Sarhwu unions.

FedEx Trade Networks has broken ground at its future residence, the Riverview Solar Technology Park in Tonawanda, N.Y.

Janel World Trade reported a net loss of $289,060 in its fiscal second quarter ending March 31, 2013, an improvement from a net loss of $397,831 in the same period last year.

Damco’s profit slipped on increased revenue in the first quarter as the global freight forwarding and logistics group saw air freight tonnage soar while ocean container traffic stalled.

Transport Corp. of India reported its group net profit in fiscal year 2012-13, which ended March 31, 2013, was $12.86 million, jumping 17 percent from $11 million in 2011-12.

DHL Supply Chain plans to invest €10 million (approximately US$13 million) to expand its presence in Vietnam over the next couple years.

Logwin has moved its Vietnam warehousing and logistics operations into a new facility close to Hanoi, which will serve the country’s northern region.

Kent Bicycles has opened a distribution center in Savannah, Ga., with plans to move more than 1.3 million bicycles, or 7,000 20-foot-equivalent units, a year through the Port of Savannah.

PostNord reported its net profit in the first quarter of 2013 was 185 million Swedish krona (about US$27.8 million).

Japan’s Hitachi Transport System Ltd. acquired a stake of about 87 percent in U.S. logistics firm James J. Boyle & Co. as part of efforts to further expand its global operations.

Crane Worldwide Logistics has leased 150,000 square feet of industrial space in Houston from property owner Levey Group.

CenterPoint Properties has broken ground on an 87,975 square foot build-to-suit redevelopment in Elk Grove Village, Ill.

Demand uncertainty, price volatility and shorter product cycles have focused corporate attention on transportation strategies like never before, according to a senior executive at C.H. Robinson Worldwide.

BMW has selected DB Schenker to operate a new spare parts warehouse on Japan’s main island of Honshu.

Yusen Logistics’ Americas division will officially open its new 229,000 square foot warehouse in Chicago on May 20, 2013.

Malusi Gigaba, South Africa’s public enterprises minister, has unveiled Transnet’s seven new ship-to-shore cranes at the Durban Container Terminal – Pier 2.

DB Schenker Logistics in Finland has been selected by Oy Roberts Ab, a Finnish food production company, for the storage and distribution of its food products.

CEVA Logistics has opened the City of Pharma, a 20,000 square meter (about 215,278 square foot) hub in Stradella, Italy, for the warehousing and handling of products destined for health care distribution channels.

Gati Ltd. has sold a 40 percent stake in its shipping subsidiary, Gati Ship Pvt. Ltd., to a strategic partner for Rs. 8 crore (about $1.5 million).

Agility today won a five-year contract with the Kuwait National Petroleum Co., worth an estimated $24.4 million.

CaroTrans has expanded its network into the Baltic and Commonwealth of Independent States, including Russia.

Major Indian port-based logistics provider Gateway Distriparks reported its net profit fell 4 percent year-over-year in fiscal year 2012-13, which ended March 31, 2013, to $23.44 million on a consolidated basis, despite significant revenue growth.

Gati reported its revenue in the third quarter of its fiscal year 2013, ending March 31, 2013, was 3.2 billion rupees (about US$57.8 million), improving 23 percent from $46.9 million in fiscal year 2012, ending March 31, 2012.

Logiventures has invested in eight acres of land, near the Magam Ruhunupura Mahinda Rajapaksa Port in Hambantota, Sri Lanka, to support its vehicle transit facility, which opened there in June 2012.

The global 3PL market remains fundamentally strong, even as revenue growth has slowed for most third-party logistics providers amid economic uncertainty. Driving the market are shippers who continue to turn to outsourced logistics services as they expand in developing markets.

NFI has announced five promotions and additions to its senior management team.

With Mother’s Day just a few days away, logistics companies are ramping up operations to prepare for extra holiday-related shipments...