USCO Logistics has signed an agreement to be acquired by one of the globe’s largest 3PLs, Kuehne & Nagel International AG of Schindellegi, Switzerland. The purchase price is approximately US$300 million plus an earn-out based on performance. USCO said in…
Ariba president Larry Mueller has outlined a strategy to return the B2B vendor to basics. Mueller recently took over the CEO slot with former CEO and company founder Keith Krach remaining board chairperson. Mueller used a recent users’ conference to…
UPS Logistics Group, which is expanding its global presence and service parts logistics network, has acquired the assets of Swiss logistics company Polysys Electronic Systems A.G.. The new UPS Logistics Group entity began operating on May 1, 2001. Terms of…
KLM Cargo and Envirotainer Group have jointly introduced a new Control Constant product. Control is a new airport-to-airport KLM Cargo range of products for medical and pharmaceutical shipments. Control guarantees temperature-controlled, on-time delivery of these shipments, with three different basic…