Logistics News
Some Suppliers Cautious After Sears Files for Bankruptcy
Shortly after filing for bankruptcy earlier this week, Sears Holdings Corp. sent a letter to suppliers asking for their 鈥渙ngoing support.鈥 That鈥檚 been a difficult pitch. Some vendors have stopped shipping products to the retailer over concerns they won鈥檛 get paid, according to people with knowledge of the situation, who asked not to be identified because the talks are private.
October 19, 2018DeliveryCircle Launches SaaS Platform KrewZen
DeliveryCircle, a same-day delivery solution for shippers, has introduced KrewZen, a Software-as-a-Service platform that gives retailers, third-party logistics companies and distributors the tools to build a local delivery network for same-day, final-mile deliveries.
October 19, 2018Odyssey Logistics & Technology to Acquire AFF Global in Busy Day of Mergers
Odyssey Logistics & Technology Corp. has agreed to buy U.S.-based freight forwarder AFF Global Logistics for $465 million in cash and equity, the company announced Oct. 18.
October 19, 2018AIT Worldwide Logistics Acquires WorldFresh Express
AIT Worldwide Logistics acquired WorldFresh Express, a Los Angeles-based freight forwarder that handles perishable food products, in a deal completed Oct. 17.
October 19, 2018SunteckTTS Acquires HA Logistics
Logistics provider SunteckTTS announced this week that it had acquired HA Logistics, a freight brokerage and logistics company with full-service sales and support operations in California, Ohio, Texas and Washington.
October 19, 2018Beauty Retailer Feelunique, Seko Logistics Partner on Hong Kong Hub
Feelunique, a European online beauty retailer, has partnered with Seko Logistics to open a distribution hub in Hong Kong.
October 18, 2018Delmar International Acquires CV Logistics
Delmar International, a Lachine, Quebec, company whose offerings include freight forwarding and warehousing and distribution, has announced the acquisition of CV Logistics, also in Quebec.
October 18, 2018Congestion Creates $74.5 Billion Burden for Trucking, ATRI Analysis Shows
Traffic congestion on the nation鈥檚 highways added $74.5 billion in operational costs to the trucking industry in 2016, according to the American Transportation Research Institute鈥檚 recent analysis.
October 18, 2018Walmart Unveils High-Tech Grocery Warehouse
Walmart Inc. is building a high-speed grocery warehouse to solidify its position as the nation鈥檚 biggest grocer.
October 18, 2018SMC3 Adds Volume LTL Pricing API
SMC3, a knowledge hub for LTL transportation pricing data and technology, has added a tool to its platform.
October 18, 2018