Logistics
Trailer Bridge Inc. said it has been selected by the Naval Supply Systems Command for a five-year, multi-award, indefinite-delivery/indefinite-quantity contract for the U.S. military.
Trailer Bridge is one of 86 companies worldwide awarded the contract for the Worldwide Expeditionary Multiple Award Contract 2.0. WEXMAC 2.0 is valued at US$1.43 billion and spans from January 2025 to December 2029, with a five-year extension option.
Under its award, Trailer Bridge will support ...
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Supply chain solutions provider DP World said it has earned International Air Transport Association certification in Brazil, enabling it to provide domestic and international air freight services.DP World said the certification enhances its ability to deliver secure, agile and efficient cargo transportation solutions throughout the ...
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Independent UK freight forwarding Davies Turner has appointed Guillaume Bouyer as head of strategic accounts – Indian subcontinent and Southeast Asia, within its ocean freight forwarding department.Bouyer joins a team of three other heads of trade, each focused on different regions Davies Turner serves through ...
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Global logistics services provider GEODIS has appointed Marc Vollet as executive vice president of the European Road Network Line of Business.Vollet will be a member of the management board, which is chaired by CEO Marie-Christine Lombard.Vollet has 30 years’ experience in managing operations and leading ...
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Multimodal transportation giant Schneider National Inc. in November entered into a definitive agreement to acquire Cowan Systems LLC and affiliated entities for a cash purchase price of about US$390 million, subject to certain adjustments.The sale includes separate agreements to purchase certain real estate assets relating ...
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The U.S. economy in November displayed resilience amidst a transitioning monetary policy and external disruptions but faced ongoing challenges in housing affordability, labor market cooling, and inflationary stickiness, according to the latest ITS Logistics Supply Chain Report.Growth prospects also remain modestly positive, with fiscal and ...
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Estes Express Lines and R+L Carriers affiliate Ramar Land Corp. said they will pay US$192.5 million for eight owned properties and four leased terminals from the administrators of Yellow Corp., the bankrupt less-than-truckload carrier.Estes will pay US$142.5 million for seven owned and four leased terminals ...
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Global mid-market business leaders are relatively optimistic for 2025, despite seeing a recession as a foregone conclusion, according to a survey by U.S. accounting firm Moss Adams LLP.The 2024 Mid-Market Report, which targets owners and CEOs of businesses reporting US$50 million to US$500 million in ...
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OUTLOOK Report from Magaya
The global logistics industry may soon be faced with further disruption as U.S trade policy transitions to President-elect Trump and a new Congress in January.Already, announcements of proposed tariffs and regulatory shifts are causing concern about their impact to global supply chains, ...
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DAT Freight & Analytics, which operates DAT One, the truckload freight marketplace, and DAT iQ, the freight data analytics service, said Dec. 17 that it acquired Trucker Tools, a carrier-forward capacity sourcing and load-tracking solution.DAT, the Beaverton, Oregon-based business unit of Roper Technologies, said the ...
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