Business
Descartes Systems Group, a leading provider of on-demand, software-as-a-service solutions, said it has acquired Sellercloud, a provider of omnichannel ecommerce solutions.New-Jersey-based Sellercloud supports small and mid-market retailers, distributors, wholesalers, and manufacturers. Its Inventory Management Solutions and Order Management Solutions (IMS/OMS) help customers synchronize, plan and manage inventory levels across multiple sales channels.In addition, Sellercloud helps product sellers orchestrate the fulfillment process from routing orders to the right warehouse to enabling ...
[+]
U.S. Surface Transportation Board has approved applications from CSX Corp. and Canadian Pacific Kansas City, or CPKC, to acquire rail lines operated by Genesee & Wyoming Inc.’s Meridian & Bigbee Railroad.
The approval, effective Nov. 16, allows creation of a new direct CPKC-CSX interchange ...
[+]
The Oregon International Port of Coos Bay has been awarded a US$25 million U.S. Department of Transportation grant for the development of its Pacific Coast Intermodal Port, or PCIP.The funding, from the DOT’s Infrastructure for Rebuilding America program, or INFRA will support environmental compliance and ...
[+]
SeaPort Manatee is to receive US$9.5 million to jumpstart recovery from Hurricane Milton, Florida Gov. Ron DeSantis said Oct. 14.The emergency funding comes as fuel, food and other key goods are again beginning to flow from SeaPort Manatee to consumers throughout Southwest and Central Florida ...
[+]
Demand for holiday-related goods nudged the Port of Long Beach to its most active September and busiest quarter on record, as shippers continued to move goods ahead of a labor contract deadline for East and Gulf coasts ports that resulted in a three-day strike at ...
[+]
The National Retail Federation, a leading voice for the retail industry, forecasts winter holiday spending to grow 2.5 percent to 3.5 percent over 2023, or US$979.5 billion to US$989 billion in total holiday spending in November and December, compared with US$955.6 billion in 2023.“The economy ...
[+]
Longshoremen launched an overtime strike at the Port of Montreal Oct. 10, possibly bringing delays to cargo moving through the port, as mediation is proposed.During the strike, between the Longshoremen’s Union CUPE, Local 375, and the Maritime Employers Association, the port’s terminals will remain open, ...
[+]
Drewry, the maritime research and consultancy, said its World Container Index decreased 4 percent to US$3,216 per 40-foot container the week of Oct. 17.The latest Drewry WCI composite index is 69 percent below the previous pandemic peak of US$10,377 in September 2021, but it is ...
[+]
Hub Group Inc., the comprehensive transportation and logistics management solutions, said Oct. 8 said it has entered a joint venture with EASO, a family owned, Mexico City-based intermodal and trucking logistics provider.The joint venture will be the largest cross-border and intra-Mexico intermodal company, positioning Hub ...
[+]
Drewry, the independent maritime research consultancy, said its World Container Index decreased 4 percent to US$3,349 per 40-foot container the week of Oct. 10, 68 percent below the previous pandemic peak of US$10,377 in September 2021, but 136 percent more than he average pre-pandemic rate ...
[+]
« Back
More »
