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Business, Technology, Logistics

Cass Partners With University of Tennessee on Two Indexes

Cass Information Systems Inc. is partnering with the University of Tennessee-Knoxville’s Haslam College of Business to support two Cass transportation indexes, according to a Dec. 2 news release from Cass and UTK.

December 9, 2019
Business, Logistics

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, 2019
Government, Business, Safety, Logistics

Port Manatee Earns New Security Training Certification

Port Manatee Port Manatee is the closest U.S. deepwater seaport to the expanded Panama Canal. (Manatee County Port Authority)

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, 2019
Business, Logistics

C.H. Robinson Increases Quarterly Dividend

C.H. Robinson sign C.H. Robinson

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, 2019
Business, Technology, Equipment, Logistics

FleetSharp, 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, 2019
Business, Equipment, Logistics

Roadrunner Sells Flatbed Operation

Roadrunner Roadrunner Transportation Systems via Facebook

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, 2019
Business, Logistics

Where’s My Amazon Package? It May Be Late

Amazon packages Lynne Sladky/AP

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.

Joseph Pisani | Associated Press
December 6, 2019
Business, Safety, Logistics

Lineage Acquires Emergent Cold as Refrigerated Supply Heats Up

Lineage Logistics facility in Sunnyvale, Texas Loading docks at the Sunnyvale, Texas, Lineage Logistics facility. (Lineage Logistics)

Lineage Logistics Holdings said it will acquire Emergent Cold in the latest consolidation of cold-storage companies that do business globally.

Jim Stinson | Staff Reporter
December 5, 2019
Government, Business, Logistics, TCA

Possibilities, Costs ‘Enormous’ for A2A Rail

Alaska railroad Railroad track by the Lower Trail Lake in the Chugach National Forest in Alaska. Canadian rail lines currently get as close to Alaska as Whitehorse in the Yukon. (Getty Images)

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.

Elwood Brehmer | Alaska Journal of Commerce
December 5, 2019
Government, Business, Logistics, TCA

Port of Savannah on Track for Record Year

Port of Savannah Georgia Ports Authority

The Georgia Ports Authority is on track to set yet another record with more than 4.6 million 20-foot equivalent container units.

Katie Nussbaum | Savannah (Ga.) Morning News
December 4, 2019

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