The New Wave Group, a wide-ranging manufacturer whose brands include Craft, Speedo, Pax, Ahead, Clique and Kosta Boda, signed an exclusive three-year contract with DHL Global Forwarding for ocean transportation.
The 3rd U.S. Circuit Court of Appeals affirmed the dismissal of a federal complaint filed against the Waterfront Commission of New York Harbor over a hiring dispute.
Workhorse Group has developed an eight-rotor “octocopter” called HorseFly designed to be used in tandem with its electric package delivery trucks, some of which are in service with companies like FedEx and UPS.
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The Itasca, Ill.-based third-party logistics provider has added a 50,000-square-foot warehouse on the border of Shenzhen in southeastern China, 30 minutes away from the Port of Hong Kong and 45 minutes from Hong Kong International Airport.
Industrial conglomerate Honeywell is reportedly in talks to purchase JDA Software, one of the largest developers of transportation management system and warehouse management system platforms.
The private equity firm, which is known for investing in logistics technology, has invested $255 million in BlueGrace Logistics, whose business is largely built around less-than-truckload brokerage and enterprise supply chain management services.