Descartes Systems Reports Net Income Up 23%
The Descartes Systems Group Inc., a Canadian logistics company, reported net income of $9.7 million in its third quarter ended Oct. 31, up 23% from $7.9 million the same quarter last year.
December 9, 2019Port Manatee Earns New Security Training Certification
Florida’s Port Manatee announced its facility security officer training program — the only such approved course offered by a U.S. seaport — has earned new certification from the U.S. Coast Guard.
December 9, 2019C.H. Robinson Increases Quarterly Dividend
Logistics services provider C.H. Robinson Worldwide Inc. announced its board of directors increased its regular quarterly cash dividend to 51 cents per share from 50 cents per share, payable Dec. 31 to shareholders of record on Dec. 16.
December 9, 2019FleetSharp, Asset IQ Partner to Track Equipment
FleetSharp GPS Tracking, a provider of GPS fleet management tools and asset trackers, has partnered with Asset IQ Financial Services to provide a new way for financial institutions to save time and money when keeping track of assets.
December 9, 2019Roadrunner Sells Flatbed Operation
Roadrunner Transportation Systems Inc. announced the sale of its flatbed business unit for $30 million in cash, subject to customary purchase price and working capital adjustments.
December 9, 2019Where’s My Amazon Package? It May Be Late
NEW YORK — It’s just a week into the holiday shopping season, and Amazon already is having trouble getting packages to shoppers’ doorsteps on time.
December 6, 2019Lineage Acquires Emergent Cold as Refrigerated Supply Heats Up
Lineage Logistics Holdings said it will acquire Emergent Cold in the latest consolidation of cold-storage companies that do business globally.
December 5, 2019Possibilities, Costs ‘Enormous’ for A2A Rail
The backers of a new rail line to link Alaska to Canada and Lower 48 markets insist it would generate upward of $5 billion of freight revenue through the state.
December 5, 2019Port of Savannah on Track for Record Year
The Georgia Ports Authority is on track to set yet another record with more than 4.6 million 20-foot equivalent container units.
December 4, 2019Michigan Lawmakers Weigh Bill on Tolling Feasibility Study
Michigan legislators are considering a bill that would authorize a study on the feasibility of tolling certain highways.
December 4, 2019