Logistics Technology News

UPS is upgrading its global ocean and air freight forwarding product, UPS Supplier Management, with the introduction of UPS Order Watch, a cloud-based technology platform...

The partners Samskip Multimodal Container Logistics, Visbeen Transport Group and Post-Kogeko Logistics recently transformed reefer company Coolboxx into a 45-foot container rental company, which was approved by all partner’s board of directors.

Transportation and supply chain management company Jaguar Freight Services, founded in New York and London, recently named Markus Ellenbeck as director of operations for Jaguar Americas.

CaroTrans today announced four new less-than-containerload direct services from China, including Shanghai, Ningbo, Shenzhen and Hong Kong; to Valparaiso, Chile.

Canada-based marine and environmental services provider Logistec Corporation recently reported income in the third quarter, ending Sept. 29, was $8.7 million, dropping 40 percent from $14.4 million in last year’s third quarter, ending Sept. 24.

Freight forwarding company Radiant Logistics reported its income in the first fiscal quarter, ending Sept. 30, was $403,153, a drop of 38 percent from last year’s profit of $655,027 in the first quarter.

Hong Kong-based logistics provider Toll Global Forwarding recently promoted Geoff Partridge, operations director, to managing director of South African operations.

Deutsche Post’s third quarter operating profit declined 6.5 percent from a year ago.

Dachser Intelligent Logistics has secured a contract with Jardine Schindler Group to manage the manufacturer’s freight and logistics operations from China to 12 business units in Asia.

Freight forwarding and supply chain service provider Damco, part of A.P. Moller-Maersk, today reported profit in the third quarter of $212 million.

Truckload pricing in October increased 0.9 percent from the same month in 2011, compared with a 0.5 percent increase from year-over-year in September...

Dimerco Express Group has expanded its Southeast Asia trucking network into China.

Third-party logistics provider Saddle Creek Logistics Services today named James Thomas as its new director of business development.

FedEx Express, a subsidiary of FedEx Corp., is extending cutoff times by two hours for outbound shipments from Taiwan to the U.S., via its new 777F route.

FedEx Express, a subsidiary of FedEx Corp., recently opened a new facility in Al Garhoud in Dubai, United Arab Emirates, to meet increased shipping demand and expand the company’s presence in the Middle East.

Third-party logistics provider Kenco appointed Steve Perry as vice president of human resources of Kenco Management Services on Nov. 6.

Seattle-based global logistics provider Expeditors International of Washington today reported profit in the third quarter was $88.49 million, a decrease of 17.0 percent compared with $106.6 million for the same quarter in 2011.

Vikash Patel, General Electric Power and Water senior global logistics leader, left the company to form Logisticus Projects Group, the new company announced.

Freight forwarding and supply chain management company Damco recently appointed Ivan Thuynsma as global head of mining and Leo Bischoff as global head of technology.

Panalpina Group reported net profit of approximately US$4.4 million for the third quarter of 2012, compared with approximately US$33.7 million in the same quarter a year ago.

State-owned Container Corp. of India boosted second quarter net profit 32 percent from a year earlier to $44 million, driven by higher earnings from its core export-import intermodal operations, the company said in a statement.