Monday, February 27, 2012
Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) continues to remain active on the acquisition front, announcing last week it has acquired all of the outstanding stock of Nashua, New Hampshire-based Capital Transportation Logistics (CTL), a transportation services management (TMS) services provider.
Friday, February 24, 2012
USPS officials said subsequent changes related to these studies are a necessary part of a larger comprehensive plan developed by the Postal Service to reduce operating costs by $20 billion by 2015 and return the organization to profitability.
Carload volume—at 281,989—was down 5.2 percent annually and ahead of the week ending February 11 at 279,501.
Posted on 02/24 at 10:50 AM
Earlier this month, Seattle-based EquaShip said it is temporarily suspending customer operations in order to re-engineer its transportation network for faster package delivery times, larger geographic coverage, and more service options.
Posted on 02/24 at 10:10 AM
Parcel Shipping •
Thursday, February 23, 2012
A report in the Wall Street Journal this week stated that a group of 29 nations is requesting the European Union (EU) to spike its costly emissions trading scheme (ETS) that would impose new emissions taxes on U.S. and other nations’ air carriers flying into and out of the EU and is seeking retaliation against the EU and raising the risk of a trade war.
Posted on 02/23 at 12:13 PM
Air Cargo •
European Union •
Data released this week by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, indicated that amid an ongoing strong build, a strong and growing order level led to a backlog in January Class 8 truck orders to 125,000 units, representing its highest backlog volume since July 2012.
Wednesday, February 22, 2012
Officials said that the contract between the companies is a long-term agreement at competitive market rates, adding that it encompasses the intermodal operations of APL, as well as those of APL Logistics’ auto-related activities in North America.
Posted on 02/22 at 03:44 PM
Union Pacific •
Logistics Management Group News Editor interviewed Bradley S. Jacobs, chairman and CEO of XPO Logisitcs about XPO's fourth quarter earnings and the company's growth and acquisition strategies.
MNX said that its acquisition of the Same Day Express/Next Flight Out business of AirNet will strengthen its global operations
Following a nearly 9 cent bump during the week of February 13, the price per gallon of diesel headed up 1.7 cents this week to $3.96 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 02/22 at 08:59 AM
Diesel Prices •