Material Handling & Logistics News Archive | Latest news, notes resources and info from MHM Online

Sealed Air Diversifies with Diversey Acquisition

Oct 4, 2011

Sealed Air Corporation announced that it has completed its previously announced acquisition of Diversey Holdings, Inc. (“Diversey”), a technology provider to the global cleaning and sanitation market. Under the terms of the agreement, Diversey shareholders will receive $2.1 billion in cash and 31.7 million shares of Sealed Air common stock valued at $16.70 per share for a total consideration to shareholders of $2.6 billion. ...

Toyota Canada Officially Part of Toyota USA

Oct 4, 2011

Toyota Material Handling, U.S.A., Inc. (TMHU) has completed the acquisition of the Industrial Equipment Division (IED) of Toyota Canada Inc. (TCI), effective October 1, 2011. Toyota now offers seventy-three authorized Toyota Industrial Equipment dealers with a total of 224 dealership locations, throughout the United States and Canada....

Not Enough Good Supply Chain Managers to Go Around

Oct 3, 2011

The logistics industry is experiencing a shortage of capable supply chain managers prepared to work in vital management positions....

Menlo Rolls Out Transportation Services Offering

Oct 3, 2011

Menlo Worldwide Logistics has launched Menlo Transportation Services to remove waste, create new efficiencies and introduce lean continuous improvement processes to transportation network operations....

George Prest to be New MHIA CEO

Sep 30, 2011

The Board of Governors of Material Handling Industry announced the appointment of George W. Prest to the position of Chief Executive Officer of Material Handling Industry of America (MHIA). Prest will succeed John Nofsinger at his retirement as CEO on December 31, 2011. ...

Macy's Accelerates RFID Adoption

Sep 30, 2011

Macy's, Inc. announced that its Macy's and Bloomingdale's stores are adopting RFID (radio frequency identification) technology on an accelerated timeline to more precisely manage item-level merchandise inventories. By the third quarter of 2012, the company expects to begin using RFID in all stores nationwide to count size-intensive "replenishment goods"—those items regularly stocked and automatically resupplied as they are sold to customers. This represents about 30 percent of the company's sales....

Conveyor Manufacturers Predict 18% Rise in Shipments

Sep 30, 2011

The Conveyor Equipment Manufacturers Association (CEMA) reports that overall industry orders (bookings) for the first six months of 2011 increased 38.28% compared to the same period in 2010, with total orders of $4.58 billion. CEMA estimates industry billed sales (shipments) for the first six months of 2011 increased 39.51% compared to the same period in 2010, with total shipments of $4.13 billion. ...

Changing of the Guard at Con-way and YRC

Sep 29, 2011

New presidents have come onboard at LTL carriers Con-way Freight, YRC and Holland....

MHIA CEO John Nofsinger to Retire

Sep 28, 2011

The Board of Governors of Material Handling Industry of America (MHIA) announces that John B. Nofsinger, Chief Executive Officer of MHIA since 1999, will retire on December 31, 2011. George W. Prest, Chief Operating Officer of MHIA, will succeed Nofsinger as Chief Executive Officer on January 1, 2012....