Tuesday, February 28, 2012
YRCW reported today that for the fourth quarter of 2011 its consolidated operating revenue—at $1.212 billion—was up 11.1 percent annually, with a consolidated operating loss of $38 million.
Monday, February 27, 2012
INTTRA, a leading provider of e-commerce solutions for the ocean freight industry, reports an increase in usage of their global e-commerce solutions by the containerized shipping industry
APM-Maersk has reported an operating loss of $386 million for its container shipping and logistics activities for 2011.
The HOS rule is now the subject of a similar lawsuit by the Advocates for Highway and Auto Safety, Public Citizen, the Truck Safety Coalition, and two truck drivers on the grounds that the final HOS rule still fails to make needed improvements to protect the public from tired truckers and should be subjected to judicial review.
Seaports on the U.S. eastern seaboard will be getting new business as the Atlantic North South Service gets underway next month
Container shipping lines in the Westbound Transpacific Stabilization Agreement have announced a new round of incremental dry cargo rate increases
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 •