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Logistics

  • Ecommerce sales sizzle as assortments expand

    Walmart said sales of its Global eCommerce business unit grew by 40% during the third quarter as it increased investments, expanded assortments and included results from a Chinese acquisition.

  • XPO Logistics acquires Optima Service Solutions

    New York -- Transportation logistics services provider XPO Logistics has acquired Optima Service Solutions, a non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States.

    The cash purchase price was $26.6 million, excluding any working capital adjustments, with no assumption of debt.

  • XPO expands footprint with Optima acquisition

    XPO Logistics, a transportation logistics services provider in North America, has acquired Optima Service Solutions, a leading non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States.

  • Accellos acquires PROFITsystems

    Colorado Springs, Colo. -- Accellos, a provider of supply chain execution software solutions, announced its acquisition of PROFITsystems, a provider of  software as a service (SaaS) solutions for small and medium sized home goods retailers.

  • Retail imports increase in October

    Import volume at the nation’s major retail container ports grew 6.5% in October over the same month last year despite the government shutdown. Year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Govt. shutdown dings Nash Finch in Q3

    Leading food wholesaler Nash Finch said its third quarter sales growth was cut in half as a result of the government shutdown in September.

    Total sales increase 3.5% to $1.56 billion during the period ended October 5, but the rate of growth would have been nearly double without the government shutdown which impacted defense department commissaries that are Nash Finch customers.

  • Sears selects Descartes’ home delivery solution

    Waterloo, Ontario -- Descartes Systems Group announced that Sears Holdings Corp. has selected Descartes' home delivery solution to enhance its ability to serve customers and improve the efficiency of its home delivery operations.

  • Retail imports up 6.5% in October

    Washington, D.C. -- Import volume at the nation’s major retail container ports grew 6.5% in October over the same month last year despite the government shutdown, and year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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