The Houston, Texas-based third-party logistics provider moved into a new 34,000-square-foot warehouse and office complex adjacent to the London Heathrow Airport in an effort to enhance its UK market presence.
SEKO Logistics named Michael Christensen president of SaaS and CPO of International Supply Chain Solutions to lead a new business unit focusing on the third-party logistics provider’s service-as-a-software technology solutions.
Reported cargo thefts in the state of Rio de Janeiro for the second quarter surged 34 percent year-over-year to 2,151 reported incidents as the nation’s economy continues to shed jobs.
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The supply chain software provider has been the rumored target of industrial conglomerate Honeywell, but instead gets additional capital from Blackstone and majority owner New Mountain Capital.
Virginia-based visibility and analytics provider TransVoyant's system is rooted in work it's done for national security customers, but the company is now firmly rooted in the commercial applications market.
The Greenwich, Conn.-based third-party logistics provider’s CEO Brad Jacobs is bullish on his company's technology focus as it secures $1.6 billion in debt refinancing that will lower interest payments 12 percent over the next five years.