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Customized Transportation Inc. (CTI) Changes its Name to CTI Logistx.
Jacksonville, Fla., To better reflect its position as a leading logistics provider and deliverer of supply chain solutions, CTI (Customized Transportation, Inc.), a wholly-owned subsidiary of CSX Corp. (NYSE: CSX), has changed its name to CTI LOGISTX.
Founded in 1980 as a dedicated contract carrier, CTI LOGISTX has grown to a nearly half-billion dollar a year enterprise providing third party logistics and value-added service contracts in the automotive, electronics, tire, rail, general industry and retail business segments. It serves 152 contracts worldwide.
Schenker and Swisscargo sign Key Account Agreement
Schenker has recently signed an agreement with the Swiss airfreight company Swisscargo. Cooperation between the two companies is to be intensified on a long-term basis to ensure that Schenkers recently introduced JETcargo airfreight services with clearly defined transit times are put into practice globally. Patrick Moebel, head of Schenkers airfreight product management, emphasized the benefits to be gained from this new form of cooperation by stating: Our customers from all over the world are increasingly asking for tailor-made logistics projects for the global exchange of goods.