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LLamasoft to Move Headquarters into 60,000 Square Feet in Downtown Ann Arbor

LLamasoft Inc., the Ann Arbor-based tech company that broke state records in venture capital funding, has signed a lease for new headquarters in Ann Arbor.

Executive News Snippets


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Keurig Green Mountain Shares Get a Jolt After Earnings 

Shares of Keurig Green Mountain Inc. are up nearly 20% in pre-market trading, after the company reported a steep slide in both profits and sales for its fiscal fourth quarter. Sharp rallies and plunging profits don’t usually go together, but they do when the market was betting on even worse profits.


A New National Holiday

By the mid–1800s, many states observed a Thanksgiving holiday. Meanwhile, the poet and editor Sarah J. Hale had begun lobbying for a national Thanksgiving holiday. During the Civil War, President Abraham Lincoln, looking for ways to unite the nation, discussed the subject with Hale. In 1863 he gave his Thanksgiving Proclamation, declaring the last Thursday in November a day of thanksgiving. 


Salesforce's Continuing Growth Making SAP, Oracle Nervous

Shares of (CRM - Get Report) are up 5.3% on Thursday after the company topped earnings and revenue expectations.  CEO Marc Benioff has proved that he can continue to blow the numbers away, TheStreet’s Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC’s “Mad Dash” TV show. 


Best Buy Co.

Best Buy Co. warned of falling sales in the fourth quarter as it reported revenue declined in the quarter ending Sept. 30


Dollar General Corportation

Dollar General Corp. started building a distribution center in Janesville, Wis., its 14th in the U.S.


Waukesha Manufacturer Lays Off 13 Percent of Workforce

A major employer in Waukesha cut 13 percent of its workforce last week. MetalTek International had to lay off 60 employees from its Wisconsin Centrifugal Division in Waukesha because of reduced demand for its products, the company said in a statement.


Amazon Adding 2,000 New Jobs in Ruskin and Lakeland

Amazon dramatically increased its footprint in Central Florida on Monday by confirming that it will hire 2,000 people at its distribution centers in Ruskin and Lakeland, nearly doubling its workforce as it continues to reshape the way people shop.


CIG Logistics Acquires Odessa Rail Facility

On the heels of opening its newest rail terminal in Jal, New Mexico, CIG Logistics continues its expansion plans.

Fort Worth-based CIG has announced the purchase of a 330-acre rail facility in Odessa from Flint Hills Resources.


C.H. Robinson Honored as Best Green Logistics Operator

C.H. Robinson, one of the world’s leading third party logistics providers (3PL), announced its win of a prestigious award at the 2015 Asia Freight, Logistics and Supply Chain Awards (AFLAS). C.H. Robinson was nominated in two categories, Best 3PL and Best Green Logistics Operator.


SiteHawk Names Douglas Thede New CFO

SiteHawk™, the leader in chemical data management and compliance solutions, today announced the appointment of Douglas Thede as chief financial officer. Thede joins the SiteHawk executive team and is responsible for providing strategic financial leadership to support the company’s growth and expansion.


Total Quality Logistics Names New President

Total Quality Logistics has promoted Kerry Byrne to president. Ken Oaks, who founded the 17-year-old truckload logistics firm, was previously president and CEO of the company. Oaks will remain CEO of the firm.


Seagate Named to Gartner’s Supply Chain Top 25

Seagate Technology plc (NASDAQ:STX), a world leader in storage solutions, today announced it has been named to the Gartner Supply Chain Top 25 for 2015, published May 13, 2015. The rankings are designed to recognize organizations for leadership and best practice in global supply chain operations.


Llamasoft Acquires A Supply Chain Software Division 

LLamasoft acquired the Barloworld Supply Chain Software Division earlier this week. This acquisition will allow LLamasoft to extend its Supply Chain Guru business with Barloworld’s CAST strategic network design and OPTIMIZA tactical supply-demand balancing software solutions.


Con-way Freight Expands in Joliet

Con-way Freight, a less-than-truckload (LTL) trucking company and subsidiary of Con-way Inc. (CNW), today announced the grand opening of its newest, state-of-the art service center in Joliet, Illinois.


Amazon.Com Inc. will open a brick-and-mortar bookstore in Seattle.


Maersk Line 

Maersk Line will cut 4,000 staff as market conditions weaken.


LLamasoft Buys Supply Chain Software Firm Barloworld 

The combined company will have nearly 400 employees and more than $50 million in annual revenue

Intelligrated Opens District Office in Southern California 

Intelligrated, a leading North American-based automated material handling solutions provider, announces the opening of a district office in Ontario, CA, as part of its Western regional sales and operations.


Intelligrated Appoints Dave Schmit as Senior Vice President

Intelligrated® (, a leading North American-based automated material handling solutions provider, announces the appointment of Dave Schmit to the position of senior vice president, corporate intellectual property.


Echo Logistics Moving 550 Jobs to Chicago

Echo Global Logistics, a Chicago-based transportation management services company, is relocating more than 550 jobs to the city next year after recently acquiring Skokie-based Command Transportation.