Herve Transport & Coldstore

JB Hunt | July 20, 2020

As the year progresses, the increased cost pressure on carriers from pandemic-related expenses will begin to show up in pricing discussions with shippers, J.B. Hunt President of Intermodal Darren Field said on a Thursday call with analysts. The carrier's intermodal revenue was down 7% year over year (YoY) in the second quarter, with operating income down 14% YoY. Volume for the segment was down 2% YoY."It’s hard to see three months, four months from now, much less next year ...

SUPPLY CHAIN

Accenture | August 05, 2021

Accenture has agreed to acquire Blue Horseshoe, a supply chain management and strategy consulting firm and systems integrator specializing in fulfillment and distribution solutions. Blue Horseshoe helps clients across industries, including food and beverage, consumer packaged goods, retail distribution, and transportation and logistics, define and plan their enterprise strategy, connect and collaborate with business applications, and optimize and execute supply chain operations. Terms of the tra...

Maersk | September 17, 2020

Maersk and Canadian Pacific will build and operate a transload and distribution facility in Vancouver, British Columbia, according to an announcement Tuesday. It is slated to be operational in 2021. Canadian Pacific will shuttle containers to and from port terminals, taking the reliance off of trucks, according to the announcement. And because the facility will be an expansion of Canadian Pacific's intermodal center, the rail infrastructure is already in place, Maersk said. "We can now ...

TRANSPORTATION

Iteris | August 19, 2022

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, announced that it has been awarded a sub-contract by the Virginia Department of Transportation (VDOT) for connected and automated vehicle (CAV) related planning services, representing continued demand for Iteris’ specialized consulting services in a key geographic market.The project supports VDOT’s initiative to keep pace with advancements in CAV technologies. The ...