GREENWICH, Conn. - August 31, 2015 - XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, has been recognized by Whirlpool Corporation for the quality of the service provided by its intermodal business. XPO was named Intermodal Carrier of the Year at the Whirlpool 2015 Integrated Supply Chain Partner meeting in St. Joseph, Mich.
Paul Smith, president of intermodal for XPO Logistics, said, "We're delighted to be recognized for excellence by Whirlpool, a premier shipper and highly valued global customer of XPO. This award affirms the intense commitment that our intermodal team brings to the Whirlpool relationship every day."
"XPO Logistics has consistently performed for our Integrated Supply Chain in cost, capacity and service," said Jim Keppler, vice president, Whirlpool Corporation Integrated Supply Chain and Quality. "We appreciate their extraordinary efforts with intermodal transportation, which helped us drive direct service benefits to our customers."
XPO is the third largest provider of intermodal services in North America, with a leading position in cross-border Mexico intermodal.
About XPO Logistics, Inc.
XPO Logistics, Inc. (NYSE: XPO) is a top ten global provider of cutting-edge supply chain solutions to the most successful companies in the world. The company provides high-value-added services for truck brokerage and transportation, last mile logistics, intermodal rail and drayage, contract logistics, ground and air expedite, global forwarding and managed transportation. XPO serves more than 30,000 customers with a highly integrated network of over 54,000 employees and 887 locations in 27 countries. www.xpo.com
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is the number one major appliance manufacturer in the world, with approximately $20 billion in annual sales, 100,000 employees and 70 manufacturing and technology research centers throughout the world in 2014. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air, Indesit and other major brand names in more than 170 countries. Additional information about the company can be found at whirlpoolcorp.com, or on Twitter at @WhirlpoolCorp.
Monday, August 31, 2015
Thursday, August 27, 2015
Intermodal Association of North America (IANA) Announcement
Keppler Joins IANA as Senior Vice President New Position Recognizes Association’s Expansion
CALVERTON, MD (August 27, 2015) – The Intermodal Association of North America (IANA) announced today that Stephen A. Keppler has joined the association as Senior Vice President. The Board approval of this newly created position acknowledges IANA’s growth in membership as well as its program and service offerings.
Keppler’s responsibilities will extend throughout the organization. These include overseeing the Member Services and Conferences/Events departments and developing new businesses for the association’s Information Services.
“IANA is lucky to be adding a person of Steve’s caliber to the Association staff,” said IANA president and CEO, Joni Casey. “His wealth of knowledge, expertise and standing in the freight community will be put to good use on behalf of IANA’s membership, starting at the Intermodal EXPO next month.”
Keppler brings nearly two dozen years of experience in truck safety and freight transportation issue management. Most recently Keppler was the executive director of the Commercial Vehicle Safety Alliance, a position he held since 2009.
Before joining CVSA, he served as director of vehicle systems at Intelligent Transportation Society of America, the nation’s largest organization dedicated to advancing the research, development and deployment of Intelligent Transportation Systems.
Keppler previously worked six years with the U.S. Department of Transportation’s Federal Highway Administration Office of Motor Carriers, which would later become the Federal Motor Carrier Safety Administration. His roles there included conducting field compliance reviews and roadside inspections.
He holds two bachelor’s degrees – in civil engineering and architectural engineering – from Drexel University and lives in Ellicott City, Md., with his wife, Dana, and sons Alexander and Elliott.
About IANA
IANA is North America's only industry trade association that represents the combined interests of the intermodal freight industry. The association’s mission is to promote the growth of efficient intermodal freight transportation through innovation, education and dialogue. The association offers valuable information and services specific to the intermodal industry encompassing consensus business solutions that facilitate: operations, regulatory compliance, and policy issue management. IANA's membership roster of over 1,000 members represents the diverse companies critical to moving freight efficiently and safely. IANA provides a discussion forum for the many types of stakeholders along the supply chain, resulting in a strong unified voice advocating the needs of intermodal freight transportation. For more information, visit www.intermodal.org.
CALVERTON, MD (August 27, 2015) – The Intermodal Association of North America (IANA) announced today that Stephen A. Keppler has joined the association as Senior Vice President. The Board approval of this newly created position acknowledges IANA’s growth in membership as well as its program and service offerings.
Keppler’s responsibilities will extend throughout the organization. These include overseeing the Member Services and Conferences/Events departments and developing new businesses for the association’s Information Services.
“IANA is lucky to be adding a person of Steve’s caliber to the Association staff,” said IANA president and CEO, Joni Casey. “His wealth of knowledge, expertise and standing in the freight community will be put to good use on behalf of IANA’s membership, starting at the Intermodal EXPO next month.”
Keppler brings nearly two dozen years of experience in truck safety and freight transportation issue management. Most recently Keppler was the executive director of the Commercial Vehicle Safety Alliance, a position he held since 2009.
Before joining CVSA, he served as director of vehicle systems at Intelligent Transportation Society of America, the nation’s largest organization dedicated to advancing the research, development and deployment of Intelligent Transportation Systems.
Keppler previously worked six years with the U.S. Department of Transportation’s Federal Highway Administration Office of Motor Carriers, which would later become the Federal Motor Carrier Safety Administration. His roles there included conducting field compliance reviews and roadside inspections.
He holds two bachelor’s degrees – in civil engineering and architectural engineering – from Drexel University and lives in Ellicott City, Md., with his wife, Dana, and sons Alexander and Elliott.
About IANA
IANA is North America's only industry trade association that represents the combined interests of the intermodal freight industry. The association’s mission is to promote the growth of efficient intermodal freight transportation through innovation, education and dialogue. The association offers valuable information and services specific to the intermodal industry encompassing consensus business solutions that facilitate: operations, regulatory compliance, and policy issue management. IANA's membership roster of over 1,000 members represents the diverse companies critical to moving freight efficiently and safely. IANA provides a discussion forum for the many types of stakeholders along the supply chain, resulting in a strong unified voice advocating the needs of intermodal freight transportation. For more information, visit www.intermodal.org.
Tuesday, August 25, 2015
CEVA Logistics announces new Chief Financial Officer
Hoofddorp, the Netherlands, 24 August, 2015 – CEVA Logistics, one of the world’s leading non-asset based supply chain management companies, today announced that Arjan Kaaks has been appointed its Chief Financial Officer. CEVA’s current Chief Financial Officer, Rubin McDougal, is retiring and will remain with the company to facilitate a seamless transition to the new CFO over the next few months.
Kaaks joined the company today and reports to Xavier Urbain, CEVA’s Chief Executive Officer.
Kaaks joins CEVA from Maxeda DIY Group, a Benelux private equity-owned company focused on the do-it-yourself retail market, where he was Chief Financial Officer and a member of the company’s Executive Board. His prior experience includes Chief Operating Officer and Chief Financial Officer of O’Neill Group, the sports lifestyle brand, and Chief Financial Officer of Royal Grolsch, the well-known brewing company based in Holland. Kaaks worked in various Finance positions, including supply chain, of increasing responsibility at global consumer market leader Unilever over a 12 year period. Kaaks received an MA in Economics and Finance from Groningen University.
“I am so pleased to have an executive with Arjan’s breadth of experience – spanning Finance leadership in mid-sized entrepreneurial companies to extensive experience in a large global corporation – to join CEVA in the CFO role,” said Xavier Urbain. “Arjan is an operationally and commercially-focused CFO, driven to create enduring value for our customers, employees and investors. He is a strong addition to our management team. I also want to acknowledge Rubin McDougal’s numerous contributions to CEVA over his six years with the company. He has played a key role in leading the company through global economic challenges. We thank Rubin for his dedication to CEVA’s success and wish him the very best.”
“This is an exciting time to be joining CEVA,” Arjan Kaaks stated. “The company has started to execute its renewed strategy and progress is becoming visible. We have a strong foundation to build upon as we continue our focus on driving sustainable topline growth and productivity improvements. I am thrilled to join CEVA’s community and leadership team, and to work together to achieve our ambitions.”
Kaaks joined the company today and reports to Xavier Urbain, CEVA’s Chief Executive Officer.
Kaaks joins CEVA from Maxeda DIY Group, a Benelux private equity-owned company focused on the do-it-yourself retail market, where he was Chief Financial Officer and a member of the company’s Executive Board. His prior experience includes Chief Operating Officer and Chief Financial Officer of O’Neill Group, the sports lifestyle brand, and Chief Financial Officer of Royal Grolsch, the well-known brewing company based in Holland. Kaaks worked in various Finance positions, including supply chain, of increasing responsibility at global consumer market leader Unilever over a 12 year period. Kaaks received an MA in Economics and Finance from Groningen University.
“I am so pleased to have an executive with Arjan’s breadth of experience – spanning Finance leadership in mid-sized entrepreneurial companies to extensive experience in a large global corporation – to join CEVA in the CFO role,” said Xavier Urbain. “Arjan is an operationally and commercially-focused CFO, driven to create enduring value for our customers, employees and investors. He is a strong addition to our management team. I also want to acknowledge Rubin McDougal’s numerous contributions to CEVA over his six years with the company. He has played a key role in leading the company through global economic challenges. We thank Rubin for his dedication to CEVA’s success and wish him the very best.”
“This is an exciting time to be joining CEVA,” Arjan Kaaks stated. “The company has started to execute its renewed strategy and progress is becoming visible. We have a strong foundation to build upon as we continue our focus on driving sustainable topline growth and productivity improvements. I am thrilled to join CEVA’s community and leadership team, and to work together to achieve our ambitions.”
Thursday, August 20, 2015
NFI Adds Over 3.5 Million Square Feet of Space in 2015
CHERRY HILL, N.J., 08/20/2015– Supply chain solutions provider NFI has added nine new facilities to its real estate portfolio in the first six months of 2015. Totaling 3,587,342 sq. ft. of space, the distribution centers, located across Pa., Texas, Miss., N.C., and N.J., serve NFI’s valued customers in the retail, home goods, grocery, and automotive industries. The new facilities complement an already diversified portfolio of owned, leased, or operated facilities totaling 25 million square feet of space across North America.
“NFI is excited to continue to work with existing customers while welcoming new customer partnerships in 2015,” said Jeff Brown, NFI President and Vice Chairman. “The opening of over 3.5 million sq. ft. of distribution space across North America, within a six month period, is a testament to the flexibility we offer our customers. NFI provides a variety of real estate services, with the ability to develop, own, lease, and operate a diverse set of properties.”
The largest single addition for NFI this year is the completion of a 1,045,000 sq. ft. distribution center in Oldmans Township, N.J. Five Below (NASDAQ: FIVE), the trend-right, extreme-value retailer catering to pre-teens, teens and beyond, and NFI broke ground on this real estate development project in September of 2014. The companies worked closely together during the short nine-month construction period to guarantee all aspects of the building would be ready for operations this summer. This will function as Five Below’s core eastern U.S. distribution center, servicing over 300 retail store locations in the region, with room for growth.
Providing real estate solutions is a core competency of NFI. The company just broke ground on a 504,000 sq. ft. expansion project in Florence Township, N.J., and will continue to develop real estate space throughout the year. Subaru of America will occupy 189,000 sq. ft. of this expansion, while the remaining 315,000 sq. ft. is still available for lease to the N.J. market.
About NFI
NFI is a fully integrated supply chain solutions provider headquartered in Cherry Hill, NJ. Privately held by the Brown family since its inception in 1932, NFI generates more than $1.1 billion in annual revenue and employs more than 8,000 associates. NFI owns facilities globally and operates 25 million square feet of warehouse and distribution space. Its company-owned fleet consists of over 2,000 tractors and 8,200 trailers, operated by more than 2,600 company drivers and 250 owner operators. Its business lines include dedicated transportation, warehousing, intermodal, brokerage, transportation management, global, and real estate services. For more information about NFI, visit www.nfiindustries.com
“NFI is excited to continue to work with existing customers while welcoming new customer partnerships in 2015,” said Jeff Brown, NFI President and Vice Chairman. “The opening of over 3.5 million sq. ft. of distribution space across North America, within a six month period, is a testament to the flexibility we offer our customers. NFI provides a variety of real estate services, with the ability to develop, own, lease, and operate a diverse set of properties.”
The largest single addition for NFI this year is the completion of a 1,045,000 sq. ft. distribution center in Oldmans Township, N.J. Five Below (NASDAQ: FIVE), the trend-right, extreme-value retailer catering to pre-teens, teens and beyond, and NFI broke ground on this real estate development project in September of 2014. The companies worked closely together during the short nine-month construction period to guarantee all aspects of the building would be ready for operations this summer. This will function as Five Below’s core eastern U.S. distribution center, servicing over 300 retail store locations in the region, with room for growth.
Providing real estate solutions is a core competency of NFI. The company just broke ground on a 504,000 sq. ft. expansion project in Florence Township, N.J., and will continue to develop real estate space throughout the year. Subaru of America will occupy 189,000 sq. ft. of this expansion, while the remaining 315,000 sq. ft. is still available for lease to the N.J. market.
About NFI
NFI is a fully integrated supply chain solutions provider headquartered in Cherry Hill, NJ. Privately held by the Brown family since its inception in 1932, NFI generates more than $1.1 billion in annual revenue and employs more than 8,000 associates. NFI owns facilities globally and operates 25 million square feet of warehouse and distribution space. Its company-owned fleet consists of over 2,000 tractors and 8,200 trailers, operated by more than 2,600 company drivers and 250 owner operators. Its business lines include dedicated transportation, warehousing, intermodal, brokerage, transportation management, global, and real estate services. For more information about NFI, visit www.nfiindustries.com
Wednesday, August 19, 2015
Aaron Lalvani Announcement
He brings 18 years of transportation experience in the areas of ground, road, and rail transport, and extensive sales and logistics consulting expertise to BlackBerry’s IoT team. Prior to joining BlackBerry, Aaron was Executive Director at CCL and Conlog (a freight consortium of shippers), and was president of Lalvani Group, a logistics consulting firm. For more information, visit: www.blackberry.com
Tuesday, August 18, 2015
UPS COMPLETES COYOTE LOGISTICS ACQUISITION
Atlanta and Chicago – August 18, 2015 – UPS (NYSE:UPS) today completed the closing of the acquisition of Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company. The $1.8 billion acquisition adds large scale full-truck-load (FTL) and other transportation management services to the UPS portfolio. The company expects to benefit from synergies in purchased transportation, backhaul utilization, cross-selling to customers, as well as technology systems and industry best practices.
“Coyote is a transportation and logistics innovator which has changed traditional business models to serve their customers in new, unique and more satisfying ways,” said David Abney, UPS chief executive officer. “We will provide our combined customer base with a portfolio of seamless supply chain solutions from multi-modal freight shipments to small-package delivery. We are excited to welcome the talented Coyote team to UPS,” he continued in a press release.
Coyote will operate as a wholly owned subsidiary of UPS under the leadership of CEO Jeff Silver. Silver will report to Alan Gershenhorn, UPS chief commercial officer.
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.
About Coyote
Coyote Logistics, a UPS subsidiary, is headquartered in Chicago, IL, and was founded in 2006 and is one of the most innovative, fast-growing third-party logistics (3PL) service providers in North America. Coyote offers services for all consultative, executional, and transactional supply chain needs. Coyote arranges transportation for more than 6,000 loads per day for shippers of all sizes and industries, from Fortune 100 companies to small businesses. www.coyote.com
“Coyote is a transportation and logistics innovator which has changed traditional business models to serve their customers in new, unique and more satisfying ways,” said David Abney, UPS chief executive officer. “We will provide our combined customer base with a portfolio of seamless supply chain solutions from multi-modal freight shipments to small-package delivery. We are excited to welcome the talented Coyote team to UPS,” he continued in a press release.
Coyote will operate as a wholly owned subsidiary of UPS under the leadership of CEO Jeff Silver. Silver will report to Alan Gershenhorn, UPS chief commercial officer.
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.
About Coyote
Coyote Logistics, a UPS subsidiary, is headquartered in Chicago, IL, and was founded in 2006 and is one of the most innovative, fast-growing third-party logistics (3PL) service providers in North America. Coyote offers services for all consultative, executional, and transactional supply chain needs. Coyote arranges transportation for more than 6,000 loads per day for shippers of all sizes and industries, from Fortune 100 companies to small businesses. www.coyote.com
KONE selects Damco as global logistics partner
Espoo, 18 August 2015 – KONE, a global leader in the elevator and escalator industry, and Damco, one of the world’s leading third party logistics providers, have signed a Global Transportation agreement appointing Damco as their global logistics partner for shipping KONE’s elevators, escalators and spare parts to selected overseas destinations.
KONE is seeing increasing global demand for its products, and needed a reliable logistics partner to support their projects in both developed and emerging markets. The services Damco provides to KONE include Ocean freight and Landside services.
“We recognise that Damco is one of the world’s leading supply chain experts,” says Aki Latvanne, Category Manager Logistics sourcing, KONE. “We are convinced that Damco has the expertise, experience and resources to further engage in optimising our supply chain in order to ensure we continuously meet our global customers’ delivery expectations.”
“KONE selected Damco amongst others because of our past delivery performance and unique global account structure,” says Rene Fjord, Damco Global Account Director. “Our expertise and global footprint fits KONE’s requirements well and we have full confidence that we through our partnership can continuously assist KONE to increase the efficiency of their supply chain performance.”
About Damco
Damco, one of the world’s leading third party logistics providers, specialises in delivering customised freight forwarding and supply chain solutions. The company has more than 300 offices in over 100 countries and employs 11,000+ people. In 2014, Damco had a net turnover of USD 3.2 billion, managed 2.9 million TEU of ocean freight and supply chain management volumes, and air-freighted 190 thousand tonnes. Damco is part of the Maersk Group.
About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland. www.kone.com
KONE is seeing increasing global demand for its products, and needed a reliable logistics partner to support their projects in both developed and emerging markets. The services Damco provides to KONE include Ocean freight and Landside services.
“We recognise that Damco is one of the world’s leading supply chain experts,” says Aki Latvanne, Category Manager Logistics sourcing, KONE. “We are convinced that Damco has the expertise, experience and resources to further engage in optimising our supply chain in order to ensure we continuously meet our global customers’ delivery expectations.”
“KONE selected Damco amongst others because of our past delivery performance and unique global account structure,” says Rene Fjord, Damco Global Account Director. “Our expertise and global footprint fits KONE’s requirements well and we have full confidence that we through our partnership can continuously assist KONE to increase the efficiency of their supply chain performance.”
About Damco
Damco, one of the world’s leading third party logistics providers, specialises in delivering customised freight forwarding and supply chain solutions. The company has more than 300 offices in over 100 countries and employs 11,000+ people. In 2014, Damco had a net turnover of USD 3.2 billion, managed 2.9 million TEU of ocean freight and supply chain management volumes, and air-freighted 190 thousand tonnes. Damco is part of the Maersk Group.
About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland. www.kone.com
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