OpenText implementing Amber Road export on-demand solution for export compliance

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…

West Coast port congestion could cost retailers $36.9 billion over 24 months: analyst

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…

Global trade: International freight transport to quadruple by 2050

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…

EDC insurance product allows small Canadian companies to insure their foreign sales

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…

CN’s Mongeau says investments into US Midwest are keeping “fluid network”

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…

Ryder appoints Steve Sensing president, Global Supply Chain Solutions

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…

FedEx to acquire GENCO, reverse logistics specialist

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…

TSB releases report into 2013 CP train derailment near White River, Ont.

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…

RBC Compass releases 2015 North American Railroad Shipper Survey

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,…

Lufthansa Cargo celebrates 20th anniversary

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…