Capital Logistics & Transport

Logistics, Supply Chain, Transportation

Business Wire | February 05, 2024

AIT Worldwide Logistics, one of the world’s leaders in global supply chain solutions, has acquired Global Transport Solutions Group (GTS), a prominent international freight forwarder specializing in time-critical marine spare parts logistics. Headquartered in the Netherlands, GTS and its more than 600 teammates across 16 locations in Asia, Europe, the Middle East and North America, serve over 2,000 ports around the world. The GTS network also includes nine consolidation hu...

Supply Chain

PR Newswire | October 20, 2023

Penske Logistics has been honored by Food Chain Digest, the official magazine of the Food Shippers of America, as a 2023 Top Food Chain Provider. Penske is one of only 25 honorees this year. The program highlights third-party logistics companies and other providers that excel in capabilities and service to food transportation, logistics, distribution, and supply chain management. Food...

Business Insider | March 05, 2020

Big tech companies - specifically Google-parent Alphabet, Apple, and Amazon - have their eyes set on the transportation space, which is undergoing a rapid transformation. Across the globe, legacy transportation firms are contending with forces that are reducing the appeal of traditional gas-powered vehicles, including the rise of mobility companies like Uber and Lime, regulatory pushes for cleaner vehicles, and consumer demands for a more streamlined, digital in-car experience. These forces have...

Logistics

XPO Logistics | December 03, 2020

XPO Logistics will part into two independent organizations, as indicated by a announcement Wednesday. The move is set to be finished in the second half of 2021. At the point when the move is finished, one entity, called XPORemainCo, will be a worldwide LTL carrier and transport broker. The other, called NewCo, will be a contract logistics provider, the declaration said. Each is required to exchange on the New York Stock Exchange. Bradley Jacobs will serve as chairma...