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GEODIS | July 09, 2021
GEODIS, a global supply chain operator, has agreed to buy almost all of the assets of Velocity Freight Transport, Inc., a leading freight brokerage firm headquartered in Plano, Texas, from McLane Company Inc., a Berkshire Hathaway subsidiary. The acquisition broadens GEODIS' Capacity Solutions offering in North America at a critical juncture in the industry's ongoing driver and truck shortages. Velocity's acquisition will help meet increasing customer demand for additi...
Supply Chain Dive | March 02, 2020
Increased IMO 2020-compliant fuel costs, overcapacity exacerbated by the novel coronavirus and ongoing trade challenges could drive up costs for ocean shippers in 2020, according to AlixPartners' 2020 Global Container Shipping Report. Shippers should be aware that carriers' ability to survive current market conditions will depend on whether they can successfully pass on price increases, the report found. The uncertain market conditions grant shippers leverage to push for improved price t...
SUPPLY CHAIN
Metro Supply Chain Group, HCL Logistics | March 04, 2021
Metro Supply Chain Group Inc., a North American leader in end-to-end supply chain logistics solutions, reported today an essential investment in HCL Logistics Inc. and HCL Transport Inc. a contract logistics company having some expertise in guard and industrial sectors, settled in London, Ontario. "With this important investment, Metro Supply Chain Group is building on our proven leadership, ingenuity and quality services to clients with complex requirements, while deepening ...
48forty Solutions | September 23, 2022
48forty Solutions ("48forty") is proud to announce that it recently joined the SmartWay® Transport Partnership ("SmartWay"). SmartWay is an innovative collaboration between the U.S. Environmental Protection Agency (EPA) and industry that provides a framework to assess the environmental and energy efficiency of goods movement supply chains.Through the partnership, 48forty will contribute to SmartWay’s existing savings of 336 million barrels of oil, $44.8 billion on f...
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