March 2019
C.H. Robinson continues to expand its global network with its announcement of the acquisition of The Space Cargo Group on February 28, 2019. Space Cargo is a leading provider of international freight forwarding, customs brokerage, and other logistics services in Spain and Colombia.
C.H. Robinson purchased The Space Cargo Group for approximately $48 million. The acquisition is expected to be accretive in 2019 and will be financed through existing cash.
"The acquisition ...
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Lufthansa Cargo is keeping its dense and extensive network of freighter connections flexible in line with demand in order to best meet customer requirements. Accordingly, numerous additional freighter connections will be added to its offering with the forthcoming schedule change. The new summer schedule also incorporates the capacity of the ...
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Navios Maritime Containers L.P. announced that its Board of Directors has authorized a unit repurchase program for up to $10.0 million of the Company’s common units over a one-year period.
Unit repurchases will be made from time to time for cash in open market transactions at prevailing market prices or in ...
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The Port of Corpus Christi Authority’s newest Commissioner and only the fourth woman appointed to the Port Commission, Catherine Tobin Hilliard, was sworn in on February 19.
A native of San Diego, Texas, Hilliard attended the University of Texas – Austin and earned her Juris Doctorate from St. Mary’s University. After ...
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Onfleet, whose cloud-based software makes it easy for businesses to manage last mile delivery operations, announced today that it took home the top honor at the 2019 RTech Supply Chain Innovation Awards. Organized by the Retail Industry Leaders Association (RILA), the trade association for the world's largest and most innovative ...
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Turkish Cargo has signed a Master Rental Agreement with DoKaSch Temperature Solutions, the provider of climate-controlled solutions for air cargo based in Frankfurt, Germany.
Its Opticooler is regarded as one of the safest containers for transporting temperature-sensitive products such as vaccines and other pharmaceuticals by air.
“As one of the leading airlines ...
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Following last month’s news of 304,000 U.S. jobs created in January, Transportation Institute (TI) announced a 30% increase in domestic maritime job creation enabled by the Jones Act. Thanks to the law, the industry now employs nearly 650,0000 Americans across all 50 states and contributes $154 billion to the nation’s ...
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Kuebix, creator of a transportation management system that delivers true freight intelligence, introduces FleetMAX, a program designed to fill the empty backhauls of private fleets and offer much needed truckload capacity to the marketplace. Fleet owners can now eliminate empty miles and generate additional profit by making backhaul fleet capacity ...
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GoShip.com, an online less-than-truckload (LTL) shipping exchange, announced that it is expanding its shipping services to and from Canada.
GoShip.com is expanding its shipping radius to reach across the northern border. This new development follows the addition of new features to GoShip.com’s online shipping platform, including user profiles that include shipment ...
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Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that MASKWORLD (Metamorph GmbH), Germany's leading ecommerce vendor for costumes and disguises, has deployed the Descartes pixi* warehouse management system (WMS) to keep pace with peak season spikes in shipping volumes. The Descartes solution accelerates and streamlines ...
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