EAST RUTHERFORD, N.J.– Amber Road announced today that OpenText, Canada’s largest software company, is using Amber Road’s Export On-Demand solution. Prior to integrating Export On-Demand, Waterloo, Ontario, Canada-based OpenText relied on a cumbersome, manual export screening process. Now integrated with a…
NEW YORK, N.Y.–West Coast port congestion issues could cost retailers as much as $7 billion this year, according to a Kurt Salmon analysis. Work stoppage threats and major trade associations’ calls for federal intervention have retailers and consumer products companies on high…
PARIS, Fra.–The ITF Transport Outlook 2015 was released at a media briefing in Paris today. It presents long-term projections for future demand of passenger as well as freight transport and this year focuses on two key messages: shifting trade patterns are…
OTTAWA, Ont.–Export Development Canada (EDC) has introduced a new online version of its credit insurance product that will allow Canadian companies to insure their sales to US or foreign buyers in minutes. Credit insurance allows small businesses to insure their sales…
CHICAGO, Ill.– Claude Mongeau, president and chief executive officer of CN said today the company’s substantial investments in its U.S. Midwest operations, particularly the former Elgin, Joliet and Eastern Railway (EJ&E), are keeping its network fluid, helping the railroad accommodate increased demand…
MIAMI, Fla.– Ryder has announced the appointment of Steve Sensing as President of Global Supply Chain Solutions (SCS). Sensing’s appointment will take effect on March 31, 2015 concurrent with the retirement of Ryder’s Global Supply Chain Solutions President John Williford, which was announced…
MEMPHIS, Tenn.– FedEx Corp. announced today that the company signed an agreement to acquire GENCO, one of the largest third-party logistics providers in North America. GENCO’s expertise will expand existing FedEx service offerings in the evolving retail and e-commerce markets,…
TORONTO, Ont.– In its investigation report (R13T0060) released today, the Transportation Safety Board of Canada (TSB) determined that a rail fracture caused by the impact of a broken wheel led to the derailment of a Canadian Pacific (CP) freight train near White River,…
TORONTO, Ont.– RBC Dominion Securities Inc. has released its RBC Compass, 2015 North American Railroad Shipper Survey. The survey taps into the views of the Class 1 railroads’ top customers, with key findings focusing on shippers’ expectations for 2015 regarding:…
FRANKFURT, Ger.–Europe’s leading cargo airline is turning 20. On November 30, two decades ago Deutsche Lufthansa AG pooled its cargo activities in a separate company. This was the birth of Lufthansa Cargo. Airfreight had always been an important business for Lufthansa…