Thursday, September 30, 2010

Red Arrow Logistics Debuts on the Inc. 5000 List of America’s Fastest-Growing Private Companies

Inc. magazine ranked Red Arrow Logistics No. 1,602 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. This is the first time that Red Arrow has appeared on the list, the most comprehensive look at the most important segment of the economy -America’s independent-minded entrepreneurs. Red Arrow joins other prominent brands on this year’s list, such as music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic red wagon.

“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. President Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

Since 2003, Red Arrow has provided logistics and transportation services and expertise to Fortune 100 companies and others with fast growing, complex and high value supply chains in the technology, food & beverage, consumer products, federal government, public works and renewable energy sectors, working in both the international and domestic arenas. Its primary services are in the areas of freight transportation, freight forwarding, warehousing and distribution services, and custom retail programs. Red Arrow has bucked the trend of acquisition and grown one customer at a time.

Wednesday, September 29, 2010

NEW: Advertiser Wednesdays

To increase the exposure of our advertisers and draw the eyes of even more readers, the staff at Courier Magazine has decided to implement ... wait for it ... Advertiser Wednesdays!

Each Wednesday, we will dedicate a blog post and a news update on our website to one of our advertisers. Courier professionals from around the globe visit both sites regularly as it is a great source for up-to-date information about their industry.

Now, advertisers will now have even more exposure in the magazine.

Our first company to be featured for Advertising Wednesday is American Airlines Cargo.

We would like to thank them for their continued support of Courier Magazine.

To find out more about their services, visit www.aacargo.com

Tuesday, September 28, 2010

Back Issues of Courier Magazine Available Online

The staff at Courier Magazine has now made it easier to read past issues of its award winning magazine. By going online at www.couriermagazine.com, readers can purchase entire issues of Courier Magazine at one low price.

Our back catalog of magazines stretches all the way back to 2004. Loads of information is available to courier professionals through this online enhancement by Courier Magazine.

Subscribers can also get in on the action. All subscribers can download issues for FREE in addition to getting print and digital copies. This is a great way for a new subscriber to catch up on back issues of the magazine for no additional cost.

The issues come in the .PDF file format and are viewable through Adobe Acrobat. If you don't have the proper software, you can download it for free HERE.

For more information, go to our website and see what else Courier Magazine can do for your courier operation.

Vincent Brennan
Editor

Monday, September 27, 2010

Leading Ocean Supply Chain Providers Federate to Streamline Ocean Cargo Industry

Descartes has announced an alliance with INTTRA to enhance international ocean shipping processes and capabilities available to the global user community. This new United by Design alliance provides a global network capable of managing the entire ocean cargo shipment lifecycle by automating and standardizing the shipment process.

The federated Descartes/INTTRA community creates a proven and pre-certified business document exchange between carriers, shippers and forwarders that accelerates time-to-value for connected parties of the federated network.

Descartes' solution provides a suite of supply chain execution and compliance services to the international trade community powered by the Global Logistics Network, one of the largest multi-modal logistics networks in the industry. INTTRA provides access to a large network of ocean container freight carriers and enables shippers of all types to manage bookings and shipping instructions with any carrier on the network through an accepted standard business process.

Customers using Descartes' Logistics Execution services can now electronically manage ocean shipment transactions, including connectivity to a broader community of carriers to submit booking, shipping instructions and Bills of Lading, as well as contract and rate management, visibility to shipment status, freight audit, and the submission and management of customs filings and more. Members of the federated INTTRA and Descartes community can benefit from streamlined and standardized ocean shipping processes, increased visibility and productivity improvements resulting in improved customer service for all parties within the ocean community.

To learn more, register for our upcoming web seminar discussing our alliance on October 28th at 11:00 a.m. EST www.descartes.com\ws_inttra or contact info@descartes.com.

Friday, September 24, 2010

Datatrac Achieves Milestone

For the past 15 years, Datatrac has repeatedly pioneered the use of mobile technology for carriers and shippers. Starting in 1995, its first application for mobile phones (MIDAS) was integrated into the company’s complete logistics solution. Carriers quickly realized how much more efficiently they could operate when using this technology and steady growth in its adoption has continued throughout its evolution toward the current Mobility application.

Growth has been phenomenal throughout this time span and Datatrac empowered carriers have deployed thousands of devices over the years. Every working day, their drivers are utilizing Mobility to process over 80,000 stops or nearly 17 million stops annually! It’s no wonder that Datatrac recently hit a new milestone as its customers pushed past the $4 million mark in the value of mobile phones and handheld computers deployed across the US and Canada.

Garland Duvall, Datatrac CEO, commented on the company’s leadership in mobile technology.

“Expedited carriers long ago realized that reliable mobile communications are a vital part of their operation. We’ve achieved this milestone because Datatrac provides a fully integrated, rock-solid solution that carriers can rely upon to get the job done.” Duvall continued, “Successful business owners have made it clear that they simply will not compromise when it comes to their choice of technology.”

As carriers’ needs for mobile data change, Datatrac is poised to continue its track record of innovative leadership. The latest version of Mobility is slated for a September release and will add powerful features to help carriers better deliver the services their shippers require. Whether used for on-demand or distribution jobs, the new version continues the tradition of improved efficiency and reduced operating cost.

The ability to access critical operational data “anytime, anywhere” is rapidly becoming a baseline business requirement. Shippers’ demands for real-time data continue to grow and Datatrac’s cloud-based solution will be one of the keys to success for its independent carrier customers.

Thursday, September 23, 2010

Descartes Reports 35 Percent Increase in Revenues

Descartes Systems Group, a federated global logistics network, announced financial results for its fiscal 2011 second quarter (Q2FY11) ended July 31, 2010. All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).

Q2FY11 Financial Results

As described in more detail below, key financial highlights for Descartes in Q2FY11 included:
• Revenues of $25.2 million, up 35% from $18.6 million in the second quarter of last fiscal year (Q2FY10) and up 18% from $21.3 million in the previous quarter (Q1FY11), fuelled in part by recently-completed acquisitions;
• Services revenues of $23.9 million, up 40% from $17.1 million in Q2FY10 and up 18% from $20.2 million in Q1FY11. Services revenues comprised 95% of total revenues for the quarter;
• Gross margin of 66%, compared to 68% in Q2FY10 and 65% in Q1FY11;
• Net income of $2.0 million, up from $0.8 million in Q2FY10 and $0.2 million in Q1FY11;
• Earnings per share on a diluted basis of $0.03 compared to $0.02 in Q2FY10 and $0.00 in Q1FY11;
• Days-sales-outstanding (DSO) for Q2FY11 were 57 days, compared to 48 days in Q2FY10 and 68 days in Q1FY11;
• Adjusted EBITDA of $6.6 million, up 27% from $5.2 million in Q2FY10 and up 25% from $5.3 million in Q1FY11. Adjusted EBITDA as a percentage of revenues was 26% this quarter, compared to 28% in Q2FY10 before Descartes’ acquisition of Zemblaz NV (“Porthus”), and 25% in Q1FY11; and
• Adjusted EBITDA per diluted share for Q2FY11 was $0.11, compared to $0.10 in Q2FY10 and $0.08 in Q1FY11.

Adjusted EBITDA and Adjusted EBITDA per diluted share are non-GAAP financial measures provided as a complement to financial results presented in accordance with GAAP. We define Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization (for which we include amortization of intangible assets, deferred compensation, stock-based compensation and related taxes), acquisition-related expenses and restructuring charges. These items are considered by management to be outside Descartes’ ongoing operational results. We define Adjusted EBITDA per diluted share as Adjusted EBITDA divided by the number of diluted shares used to calculate the GAAP measure of earnings per share. A reconciliation of Adjusted EBITDA and Adjusted EBITDA per diluted share to net income and earnings per share determined in accordance with GAAP, respectively, is provided later in this release.

Wednesday, September 22, 2010

Red Arrow Logistics Selected as Prime Contractor for U.S. Navy

Red Arrow Logistics, a logistics and transportation company serving growing, complex and high value supply chains, was awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) contract by the NAVSEA Warfare Center (NSWC) Dahlgren Division under the SeaPort-e Program. This contract enables Red Arrow to be assigned projects with the United States Navy as it fulfills its spending target of 5 percent for women owned businesses and 23 percent for small businesses.

“Red Arrow has significant experience as a Department of Defense bonded carrier and has worked with multiple defense agencies, so this is an important achievement for us to be able to continue to expand our role with their agencies,” said Liz Lasater, CEO of Red Arrow Logistics.

Under this contract Red Arrow becomes a vendor to numerous organizations within the Navy, including Naval Sea Systems Command (NAVSEA), Naval Air Systems Command (NAVAIR), Space and Naval Warfare Systems Command (SPAWAR) and the United States Marine Corps. SeaPort-e is the Navy's electronic platform for acquiring support services in 22 functional areas including logistics support, supply and provisioning support and program management.

“This award approves our firm as a supplier to all of the Navy’s prime defense contractors for the first time and recognizes the fact that we have consistently met, and exceeded, the requirements of past military logistics contracts,” Lasater explains.

In August 2010, Red Arrow Logistics debuted on the Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies and in May was honored as one of Women President’s Organization’s (WPO) 50 Fastest growing women-owned/led companies in North America.

Tuesday, September 21, 2010

OHL opens two new transportation hubs and relocates another to larger facility

OHL has opened transportation hubs in Sparks, Nev., and Dallas. Additionally, OHL is moving its existing operations in Gainesville, Ga. to a larger facility.

“Increasing our transportation service offerings, both here in the U.S. and throughout the world, is a large part of OHL’s growth strategy,” commented Greg Sanders, president of transportation services for OHL’s North America Transportation business unit.

“Since I joined the OHL team in late 2009, we’ve added the hubs in Dallas and Sparks and grown our operation in Gainesville so much we are now moving into a larger space. We’ve also recently become members of the SmartwaySM Transport Partnership and CargoNet and are really excited about augmenting our services and security for our customers," he added.

According to a press release, the new OHL facility in Gainesville is larger and has been designed for more efficient operations. OHL also operates a transportation hub in Nashville and provides TL, LTL, intermodal and parcel services throughout North America. OHL specializes in dry and temperature-controlled transportation and provides specialized services for customers.

Monday, September 20, 2010

Maersk Distribution Services Inc. now part of Damco

Damco, the logistics arm of A.P. Moller-Maersk and one of the world’s leading providers of freight forwarding and supply chain management solutions, has announced that Maersk Distribution Services Inc. (MDSI) will be integrated into Damco.

MDSI generates around $200 million in revenue per year in the United States and Canada and employs more than 600 people. It is a warehousing and distribution company which delivers cross-docking, transload, warehousing and inland transportation services to customers from its 18 facilities in the major ocean and rail gateways in North America.

MDSI establishes a critical link between the international and domestic supply chains of many customers.

Over the past couple of years, MDSI has reorganized to optimize and upgrade numerous facilities. Company representatives said MDSI is now well positioned for growth. By integrating MDSI with Damco, overseas customers sourcing will benefit from systematic integration between the international supply chain to the domestic distribution, and it enables postponed decision making for final allocation of cargo to each store.

By delivering cost and carbon efficient transportation and distribution services, Damco now provides customers with integrated logistics solutions from sourcing through their supply chain, all the way to the store.

“The MDSI team is a natural extension to Damco. MDSI substantially enhances our offerings to the market and enables us to extend the scope of the services we offer to our valued customers" Rolf Habben-Jansen, CEO of Damco, said.

With MDSI now part of the organization, Damco employees around 1,000 people and generates more than $500 million in revenue in North America. For more information, visit www.damco.com and www.maersk-distribution.com.

Friday, September 17, 2010

Purolator Aids in Hurricane Relief

Purolator USA (Jericho, N.Y.) is receiving high marks for its performance in delivering emergency supplies to Canadian consumers located in the projected path of Hurricane Earl.
The hurricane, which came ashore in Nova Scotia on Sept. 4, was at one point projected to make landfall as a catastrophic Category 5 storm. Residents along the entire eastern coast of Canada spent days preparing for the storm, procuring supplies including food, water, batteries and flashlights. When the storm finally made landfall, it caused widespread power outages that lasted for several days.

“Purolator really came through for us – and for our customers – in a big way,” said Gary Vanheerwaarden of Spectrum Brands. “Faced with the challenge of moving significant numbers of emergency products to the Canadian coast in a very short amount of time, with no margin for error, we could not have asked for a better partner than Purolator.”

Around the industry, Purolator is known for its expertise in the Canadian market, and because of its extensive distribution networks within both the United States and Canada. Purolator USA is the United States-based unit of Purolator Courier, Ltd., Canada’s leading overnight courier company. Because of its deep ties to Canada, including its expertise in moving shipments through the border clearance process, Purolator USA was in a unique position to provide urgent service to residents in the hurricane’s path.

“Basically, we were able to provide expedited service, on very short notice, to retailers located throughout eastern Canada,” said Purolator Director of Sales John Jensen. “This was possible because of the relationships we have with carriers throughout Canada, and because of our deep distribution network.

“But truth be told, this is the same level of service that Purolator offers every day – hurricane or no hurricane,” Jensen added. “Our customer service and delivery capabilities in Canada allow us to provide regular service that other providers might call ‘extraordinary."

Wednesday, September 15, 2010

Success Story!

Dear Courier Magazine readers and group members,

Would you or your company like to be featured for one of our upcoming Success
Story features? If so, we want to hear from you!

Each Success Story article appears in an issue of Courier Magazine and is a
great way to get your company's name out into the industry.

Many participants say the feature is a great advertising tool and it comes free
to volunteers.

We want to hear how your courier story began and the journey it took to get you
where you are today.

Email vince@robstan.com to volunteer for this free honor.

Sincerely,

The Courier Magazine Staff

Tuesday, September 7, 2010

Share Your Expertise and Win-Win


The courier industry needs you. It needs your expertise, your initiative, your gusto and your advice. It needs your help in learning how to grow, advance and handle the challenges of the courier and messenger businesses.

If you have developed an area of expertise that can benefit other members of the courier community, use those skills to lead one of Courier Magazine’s upcoming webinars. It will be a win-win proposition for you and the industry as a whole. Webinar participants will win as they learn more about how to improve their businesses. You’ll win by networking and interacting with a range of business people you might not otherwise get to meet.

Whether your expertise is in business management, GPS systems, safety, branding, a specific business segment (such as our recent speaker who addressed being a medical courier), transportation or customer service, we’re looking for experts to address those subjects and more.

We are currently compiling the schedule of presenters for 2011 and for a few openings left in 2010. We are interested in using your expertise to educate Courier Magazine readers on relevant topics specific to couriers’ needs.

If you have a topic you would like to suggest for a future webinar event, contact Courier Magazine Editor Vincent Brennan at vince@couriermagazine.com.

Thursday, September 2, 2010

Webinar = Success

Last week, Ken Arnold of Integrity Corporate Services delivered a webinar presentation to more than 50 courier professionals around the country. The presentation, titled "How to Add Medical Services to Your Operation," proved to be a valuable introduction into the world of medical couriers.

Arnold, who has an extensive background in training couriers to be certified by the Occupational Safety and Health Administration (OSHA) for medical deliveries, gave attendees an outline of what is needed to get into the industry. He detailed various equipment issues and informed participants of the proper training needed in congruence with OSHA.

After the main presentation ended, Arnold took nearly 30 minutes of questions during the interactive conference.

Many participants who were signed into the webinar said they received the right kind of information to bolster their operation.

Stay tuned for more information about future Courier Magazine webinars. As always, you can visit www.couriermagazine.com for the most up-to-date information or you can follow us on Facebook and Twitter.

Vincent Brennan
Editor