Wednesday, May 29, 2013
Following a two-week stretch which saw prices rise a cumulative 4.5 cents, diesel prices dropped one cent to $3.88 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 05/29 at 09:38 AM
Diesel Prices •
Non asset-based third-party logistics (3PL) services provider Transplace said yesterday it has selected New York-based private investment firm Greenbriar Equity Group LLC as its new equity partner.
Posted on 05/29 at 08:54 AM
Tuesday, May 28, 2013
The Port of Oakland Board of Commissioners announced the appointment of maritime shipping industry veteran Chris Lytle as the new Executive Director. While this fills a leadership void at one key West Coast ocean cargo gateway, it leaves another at the Port of Long Beach.
Friday, May 24, 2013
Carload volume—at 285,679—was up 1.9 percent annually, and intermodal—at 250,159 trailers and containers—was up 3.5 percent
Thursday, May 23, 2013
At yesterday’s Senate Commerce Committee hearing on the recently announced nomination of Charlotte, North Carolina Mayor Anthony Foxx to be Secretary of Transportation, the nominee laid out some key components of his agenda if he is confirmed.
Posted on 05/23 at 12:56 PM
Supply chain consultancy Armstrong & Associates said this week that total United States 2012 third-party logistics (3PL) gross revenue—at $141.8 billion—were up 6 percent over 2011.
Wednesday, May 22, 2013
Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.
Posted on 05/22 at 01:01 PM
Retailers and solution providers are once again talking about the Internet of Things.
Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently announced that through a partnership with Export to China (ETCN) it is the first company to make Chinese trade data accessible in searchable company profiles.
Posted on 05/22 at 10:40 AM
Global Trade •