Logistics News

PFSweb major shareholder Transcosmos Inc. purchased 317,845 shares of PFSweb stock on the open market in a transaction that occurred on Friday, March 14th.

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The Hub Group, which provides intermodal, highway and logistics services, is renaming its drayage subsidiary, Comtrak Logistics.

Gastar Exploration issued its quarterly earnings data on Thursday. The company reported $0.01 earnings per share for the quarter, missing the analysts' consensus estimate of $0.06 by $0.05, American Banking News reports.

Lineage Logistics , a warehousing and logistics portfolio company of Bay Grove , has signed a definitive agreement to purchase Millard Refrigerated Services , a national third-party warehousing and logistics company headquartered in Omaha, NE.

MolMed S.p.A. announces that the Company has filed to the European Medicines Agency an application for Conditional Marketing Authorisation for TK, its novel investigational cell-gene therapy.

Dial 1-888-450-9962 at least 10 minutes before the call. A telephone replay will be available through March 21 by dialing 1-800-804-7944 and using the conference ID 41261.

Hear from the CEOs of CEVA, Echo and DSC as well as VPs of Supply Chain and Logistics from Electrolux and Office Depot as they share their key reasons for participating in the Summit.

Mr. Bissell was one of the founding investors of Maxum Petroleum, Inc. and served as its CEO from 2006 until 2012.

Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside purchases recently filed with the SEC.

PFSweb major shareholder Transcosmos Inc. bought 26,641 shares of PFSweb stock on the open market in a transaction dated Tuesday, March 11th.

Hub Group Inc. announced it is changing the name of its drayage unit to Hub Group Trucking from Comtrak Logistics to recognize the growing importance of drayage services.

Tom Craik will oversee operations at Whitburn in Scotland while John McGuigan will have responsibility for running the depot at Cardiff.

UTi Worldwide Inc. is a non-asset-based third-party logistics firm that provides international freight forwarding, customs brokerage, contract logistics and other supply chain services.

Paul Glazer 's New-York based hedge fund, Glazer Capital has reported a new 7% passive stake in Pacer International, Inc. for about $335 million in cash and stock.

The firm currently has $40.90 target price on the stock. was downgraded by analysts at Zacks from a neutral rating to an underperform rating.

In other Hub Group news, CMO David Marsh unloaded 25,000 shares of the stock on the open market in a transaction dated Thursday, March 6th.

FRANKLIN COUNTY >> United Way of Franklin County's new industry training program, Stepping Forward Works, is preparing to launch its first class Monday, March 24. The class is available at no cost to the student and provides training and experience relevant to the Logistics industry, which is one of the fastest growing work environments in Franklin ... (more)

The firm currently has a "market perform" rating on the stock. FBR Capital Markets' target price would indicate a potential upside of 0.09% from the stock's previous close.

Fargo Systems, a leading supplier of software to the UK transport and logistics industry, is to unveil a series of new developments within its TOPS platform at this year's Multimodal exhibition.