Friday, June 24, 2016
The acquisition creates a one-stop source for materials handling needs, from pallet jacks to AGVs to maintenance management software.
In an unprecedented move, the U.K. has voted to terminate its membership in the European Union after more than 40years.
Rail carloads fall 8.5 percent annually at 250,748, and intermodal containers and trailers were off 4.2 percent to 265,438.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico dropped 3.3 percent to $90.4 billion on an annual basis in April.
Thursday, June 23, 2016
Truckload and intermodal pricing both saw another month of declines in May, according to the most recent edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners, which was released last week.
A cross-border less-than-truckload (LTL) partnership was established earlier this month between New Penn, a Lebanon, Pa.-based regional LTL carrier, and subsidiary of YRC Worldwide, and Dicom Transportation, a Montreal-based provider of transportation and logistics services.
While there is widespread concern about attracting new talent to the supply chain industry, it seems especially acute in the maritime sector.
Wednesday, June 22, 2016
FedEx Quarterly revenue at $13 billion was up 7 percent, while the company had a $70 million net income loss to $897 million and a $68 million net income loss to $1.51 billion. And it had a earnings per share of $3.30, which was 20 percent higher than a year ago and topped Wall Street expectations of $3.28.
Posted on 06/22 at 09:00 AM
Tuesday, June 21, 2016
It’s a buyer’s market for business logistics right now, but that is a fleeting condition subject to rapidly changing conditions in the $1.408 trillion U.S. freight sector, based on data in the 27th Annual State of Logistics Report released today at the National Press Club. The report is sponsored by the Council of Supply Chain Management Professionals (CSCMP).