Sean Lamb/Wikimedia XPO Logistics Inc. said it will acquire intermodal freight carrier Pacer International Inc. in a transaction valued at $335 million. The purchase will double XPO's expected annual revenue to $2 billion, the companies ...
Plains All American Pipeline, L.P. (NYSE: PAA) ("PAA") and PAA Natural Gas Storage, L.P. (NYSE: PNG) ("PNG") today jointly announced the completion of the merger of PNG with a wholly-owned subsidiary of PAA, with PNG surviving the merger as ...
Tags: Plains All American Pipeline, PAA Natural Gas Storage, merger
China’s manufacturing activities in private and export-oriented companies grew in December at the slowest pace in three months, the latest evidence that structural reforms have slowed China’s economic growth, a survey showed ...
By 2016, General Motors executives want to reduce the automaker’s North American material and logistics costs by $1 billion, according to a Detroit News report. The project involves creating localized logistics and distribution ...
Tags: GM, transportation
China’s Ministry of Commerce held a video conference to implement the plan jointly formulated by eight ministries and departments, including the Ministry of Commerce, for promoting the development of the silk industry. The ...
Tags: Silk Industry, Textile
On September 17, 2013, the Ministry of Industry and Information Technology (MIIT) releases the Notice on Continuing the Promotion of New-energy Vehicle (the Notice hereinafter) jointly issued by the Ministry of Finance, the Ministry of ...
Tags: new-energy vehicle
A three-member team from the African continent visited India last month to understand the requirements of the Indian textile industry. Dioma Komonsira, communications manager of African Cotton Producers Association (APROCA), Traore ...
Tags: Cotton, Textile Industry
In December last year, the purchasing managers index (PMI) of the Chinese steel sector stood at 47.7 percent, decreasing by 1.3 percentage points as compared to November and remaining below 50 for the fourth consecutive month, as announced ...
Tags: steel, metallurgy
Descartes Systems Group, a Waterloo, Ontario-based logistics software provider, has acquired Impatex Freight Software Limited, a freight forwarding company based in the United Kingdom, and Compudata, a supply chain integration provider in ...
Tags: Descartes, Impatex Freight Software, Compudata, acquisition
XPO Logistics Inc. said it has closed its purchase of NLM, a Web-based freight auction site, from truckload carrier Landstar System Inc. XPO paid $87 million for the business, which it will rebrand as XPO NLM, it said in a Dec. 30 ...
Tags: XPO Logistics, NLM, Landstar System, close purchase
Chinese manufacturing activity declined in December, adding to pressure on communist leaders who have promised sweeping reforms to revive the slowing economy. An industry group, the China Federation of Logistics & Purchasing, said ...
Tags: Electrical, Electronics
What a year 2013 was for the supply and design chains! In this piece, EBN showcases its most-read 15 pieces of content as we review 2013. Apple surely grabbed the attention of readers this year, whether it was in anticipation of upcoming ...
Tags: Electrical, Electronics, 4D Printing
AUTO GLASS DUBAI Al Thahabi Auto Spare parts are local and global distributors of glass for the automotive vehicle sector. With our experience in auto glass, we will assist you to have the auto glass at the right price. With our ...
Tags: Auto Glass
Infrastructure will remain the watchword as US refiners look to further cement their role as world class product exporters in 2014, improving export capacity and rejigging refineries to increase their output of export-friendly diesel, ...
Tags: Refinery Output, gasoline
Brick-and-mortar retail sales declined 3.1 percent last week as pre-winter storms put the kibosh on late Christmas shopping, according to market research firm ShopperTrak. The bad weather, combined with a deluge of last-minute online ...
Tags: brick-and-mortar retail sales, late Christmas shopping, ShopperTrak