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HighJump Software is acquiring Global Beverage Group Inc., which supplies software for the direct-store delivery of consumer packaged goods. ... Toyota Material Handling USA says its $5 billion sales revenue in 2005 made it the world's largest lift truck supplier for the fourth consecutive year. ... Liquidity Services Inc. has acquired the wholesale business of California-based STR Inc., a liquidator of store-returned merchandise. The company plans to leverage the Internet for the disposition of returns. ... Nissan Forklift has received Foreign Trade Zone status for its factory near the Rockford International Airport in Illinois. This will allow Nissan Forklift to streamline the customs process, as well as reduce or eliminate duties and tariffs on many of the parts that it imports and completed machines Nissan exports. ... INTTRA, a company that provides e-commerce solutions to ocean carriers and their customers, has opened an office in Dubai in the United Arab Emirates. ... LXE has announced that its MX7 and MX3X handheld computers have been certified for Cisco Compatible Extensions Version 3. Psion Teklogix says that its 7537 handheld has received that same Cisco certification. ... Dallas-based third-party service provider Greatwide Logistics Services has acquired Gallop Logistics Corp., a privately held freight brokerage company headquartered in Toronto, Ontario. Gallop provides temperature-controlled truckload and LTL service for food producers, distributors and retailers. ... QAD Inc., an enterprise software specialist, has acquired Precision Software Ltd., a supplier of transportation management software based in Dublin, Ireland.

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Trucking industry experiences record-high congestion costs

Trucking industry experiences record-high congestion costs

Congestion on U.S. highways is costing the trucking industry big, according to research from the American Transportation Research Institute (ATRI), released today.

The group found that traffic congestion on U.S. highways added $108.8 billion in costs to the trucking industry in 2022, a record high. The information comes from ATRI’s Cost of Congestion study, which is part of the organization’s ongoing highway performance measurement research.

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drawing of trucker tools freight technology

DAT Freight & Analytics acquires Trucker Tools

DAT Freight & Analytics has acquired Trucker Tools, calling the deal a strategic move designed to combine Trucker Tools' approach to load tracking and carrier sourcing with DAT’s experience providing freight solutions.

Beaverton, Oregon-based DAT operates what it calls the largest truckload freight marketplace and truckload freight data analytics service in North America. Terms of the deal were not disclosed, but DAT is a business unit of the publicly traded, Fortune 1000-company Roper Technologies.

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chart of global trade forecast

Tariff threat pours cold water on global trade forecast

Global trade will see a moderate rebound in 2025, likely growing by 3.6% in volume terms, helped by companies restocking and households renewing purchases of durable goods while reducing spending on services, according to a forecast from trade credit insurer Allianz Trade.

The end of the year for 2024 will also likely be supported by companies rushing to ship goods in anticipation of the higher tariffs likely to be imposed by the coming Trump administration, and other potential disruptions in the coming quarters, the report said.

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drawing of globe with connecting arcs

CSCMP launches seven new international roundtables

Declaring that it is furthering its mission to advance supply chain excellence across the globe, the Council of Supply Chain Management Professionals (CSCMP) today announced the launch of seven new International Roundtables.

The new groups have been established in Mexico City, Monterrey, Guadalajara, Toronto, Panama City, Lisbon, and Sao Paulo. They join CSCMP’s 40 existing roundtables across the U.S. and worldwide, with each one offering a way for members to grow their knowledge and practice professional networking within their state or region. Overall, CSCMP roundtables produce over 200 events per year—such as educational events, networking events, or facility tours—attracting over 6,000 attendees from 3,000 companies worldwide, the group says.

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Construction underway on $9 billion of warehouse space in U.S.

In response to booming e-commerce volumes, investors are currently building $9 billion worth of warehousing and distribution projects under construction in the U.S., with nearly 25% of the activity attributed to one company alone—Amazon.

The measure comes from a report by the Texas-based market analyst firm Industrial Info Resources (IIR), which said that Amazon is responsible for $2 billion in warehousing and distribution projects across the U.S., buoyed by the buildout of fulfillment centers--facilities that help process orders and ship products directly to end customers, ensuring deliveries of online goods from retailers to buyers.

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