Transport Topics
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WASHINGTON — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy.
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Odyssey Logistics & Technology Corp. has agreed to buy U.S.-based freight forwarder AFF Global Logistics for $465 million in cash and equity, the company announced Oct. 18.
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DeliveryCircle, a same-day delivery solution for shippers, has introduced KrewZen, a Software-as-a-Service platform that gives retailers, third-party logistics companies and distributors the tools to build a local delivery network for same-day, final-mile deliveries.
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Shortly after filing for bankruptcy earlier this week, Sears Holdings Corp. sent a letter to suppliers asking for their “ongoing support.” That’s been a difficult pitch. Some vendors have stopped shipping products to the retailer over concerns they won’t get paid, according to people with knowledge of the situation, who asked not to be identified because the talks are private.
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