Drayage provider RoadOne IntermodaLogistics has effectively acquired intermodal trucking operator Robin Hood Container Express, it’s third such acquisition in the past 18 months, the company said in a statement.
ELD mandate drives up spot rates
When the electronic logging device (ELD) mandate took effect in mid-December, rate levels at online freight marketplace Truckstop.com and data on spot rate market tightness rose sharply, and have remained high ever since.
BCG tells carriers to keep up digitally or be commoditized
The Boston Consulting Group named seven areas where liner carriers need to focus their efforts and investment to meet challenges from non-asset-based digitally-focused companies and technology-first freight forwarders.
NileDutch taps Transmetrics for empty container relocation optimization
Specialist African ocean carrier NileDutch is working with Transmetrics, a tech startup that provides predictive logistics solutions, in an effort to streamline the firm’s empty container flows and increase efficiency.
Portbase to offer PORTRIX’s VGM data solution
Dutch non-profit port community organization Portbase is partnering with PORTRIX LOGISTIC SOFTWARE to deliver the latter’s verified gross mass (VGM) application to its customers in the Netherlands, the companies said in a joint statement.
Chinese national pleads guilty to smuggling counterfeit Apple products
Jianhua “Jeff” Li had received payments totaling over $1.1 million in sales proceeds from his participation in a scheme to smuggle counterfeit Apple iPhones and iPads from China into the United States.
Hudson’s Bay Reaches Outside Industry; Names CVS Exec as New CEO
Hudson’s Bay has reached outside the industry and tapped CVS executive Helena Foulkes as its new CEO. The Harvard Business School-educated executive was named one of Fortune’s Most Powerful Women in Business, and drove CVS Health’s retail operations, including its nearly 9,700 retail stores.
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NRF: Valentine’s Day Spending to Reach Near Record $19.6 Billion
Is your store ready for increased jewelry and apparel Valentine’s Day shoppers? Tip: Candy purchases expected to rise too so stock up on Godiva!
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Rolling Retail: How Companies Like Amazon are Redefining “Mobile”
Mobile doesn’t just mean apps on your phone; it’s increasingly meaning a way for retailers to literally roll into town, with fresh new merchandise each time.
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FMC reviews 12 OTI license applications
The U.S. Federal Maritime Commission has received 12 ocean transportation intermediary license applications and changes for review.