Third Party Logistics
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Ocean cargo/global logistics: Maersk will raise rates in effort to recapture lossesPatrick Burnson, March 5, 2010As widely expected, the world’s largest ocean cargo carrier reported disappointing earnings to shareholders yesterday. More
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Air cargo/global logistics: IATA delivers some encouraging news on freight volumesPatrick Burnson, March 4, 2010Driven by continued demand in the Asia Pacific,the trade group announced overall improvement in scheduled traffic world wide. More
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Ocean cargo/global logistics: West Coast seaports called to action at Transpacific Maritime ConferencePatrick Burnson, March 3, 2010Public policy proposals threatening trade continue to flourish and enjoy popular support, says the Pacific Merchant Shipping Association. More
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Logistics and business news: ISM's non-manufacturing index keeps growing, but employment still lags behindSean Murphy, Associate Editor, March 3, 2010The Institute for Supply Management (ISM)'s February report on the non-manufacturing sector promises more growth in the future, but the real proof will be when employment begins to grow again. More
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LTL/warehousing: ODFL opens up new warehousing locationJeff Berman, Group News Editor, March 3, 2010Old Dominion Freight Line (ODFL) said today it has opened a new, state-of-the-art warehouse facility, which will also serve as the headquarters of its OD-Warehousing and Distribution Services Division. More
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WDC: Cross docking: The latest and greatestBy Maida Napolitano, Contributing Editor, March 1, 2010Our warehouse/DC engineer has scoured software and equipment providers to come up with the latest developments, innovations, and breakthroughs that are making cross docking easier and faster than ever. More
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Ocean cargo/global logistics: ICHCA safety panel calls for enhanced training and diligencePatrick Burnson, February 28, 2010A world governing body is asking shippers to provide more transparency on ocean container weight and contents. More
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Ocean cargo/global logistics: "Clean Trucks" concession at Port of Los Angeles still on holdPatrick Burnson, February 26, 2010The summary judgment hearing moved the issue up one more month for resolution. More
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Ocean cargo/global logistics: Port of Los Angeles wins a legal battle with ATAPatrick Burnson, February 25, 2010The U.S. Court of Appeals for the 9th Circuit cast aside the American Trucking Association’s challenge to “Clean Truck” concessions. More
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Transportation infrastructure: Senate signs off on HIRE ActJeff Berman, Group News Editor, February 24, 2010Continued funding for federal highway and transit programs received a significant boost earlier today, when the United States Senate-in a rare display of bipartisanship-voted today to pass the $15 billion Hiring Incentives to Restore Employment (HIRE) Act. More
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Ocean cargo/global logistics: Booming business in the Middle East is fueling port growthPatrick Burnson, February 24, 2010However, the percentage of spending on security by authorities continues to be minimal, says a new report More
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Logistics technology: Descartes launches cash tender offer for PorthusJeff Berman, Group News Editor, February 24, 2010Following a December announcement in which it said it had taken steps to file a voluntary cash offer for Porthus, a provider of global trade management services, global on-demand software-as-a-service (SaaS) logistics technology provider Descartes said this week it has launched a conditional voluntary cash tender offer for Porthus. More
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Logistics business: PwC report cites increased transportation and logistics M&A activity in the fourth quarterJeff Berman, Group News Editor, February 23, 2010Transportation and logistics merger & acquisition activity (M&A) made major strides in the fourth quarter, according to PricewaterhouseCoopers' data released this week. More
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Ocean cargo/global logistics: Piracy shift suggests lack of adequate enforcementPatrick Burnson, February 23, 2010This is also the second year in a row where incidents in the Singapore Straits have increased. More
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Ocean cargo/global logistics: FMC rules in favor of NVOCCsPatrick Burnson, February 22, 2010Non-Vessel-Operating Common Carriers are to be free from the costs and burdens of publishing tariffs and rates. More
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Global logistics: National Retail Systems rolls out new service for China-based retail suppliersJeff Berman, Group News Editor, February 22, 2010National Retail Systems has launched a new service today geared towards China-based retail suppliers through its SinoNRS partnership. More
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Air cargo/global logistics: TIACA says industry
can emerge in a stronger position than
other
transport modesPatrick Burnson, February 19, 2010While many industry analysts are predicting a modest recovery for carriers in 2010, one prominent expert is suggesting it might be more robust. More
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Air cargo/global logistics: World Airways to help Asiana add capacity to transpacific routesPatrick Burnson, February 16, 2010The subsidiary of Global Aviation Holdings, Inc., has signed an agreement to operate one Boeing 747-400 aircraft on a full-time basis. More
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Ocean cargo/global logistics: NOL tells shareholders that 2009 was a washPatrick Burnson, February 12, 2010When the huge container shipping, terminals and logistics group announced a net loss this year, it only confirmed reports of the recession’s global toll. More
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Transportation Infrastructure: Senate draft of jobs creation bill aims to keep highway and transit funding intact through the end of 2010Jeff Berman, Group News Editor, February 12, 2010A Senate jobs-creation bill draft released yesterday would provide some much needed financial assistance for federal highway and transit programs. More
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