29th Annual Quest for Quality Awards: Truckload’s long distance recovery
Well, you wouldn’t know it by the scores, but the 30 winners represented in these five market sectors have just gone through a few of the toughest operational years of their existence.
By Michael Levans, Group Editorial Director
August 01, 2012
In fact, the number of winners in the category along with the overall scores have ticked up, marking an overall service improvement in this category according to LM readers.
Melton Truck Lines’ 50.62 score in Industrial & Heavy-Haul, FedEx Custom Critical’s 52.16 in Expedited, and Miller Transporters, Inc.’s 54.41 in Bulk Motor are three of the highest scores recorded in this year’s entire Quest for Quality survey.
2012 Quest for Quality Truckload Sponsors
Bulk motor carriers - Winner
Expedited motor carriers
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Group Editorial Director
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UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 4.4 percent from August 2013 to August 2014 at $100.6 billion.
As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.
With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).