Wednesday, March 23, 2011
Caterpillar Inc. today announced it is examining a range of strategic options for its third party logistics business, which is part of its wholly owned subsidiary, Caterpillar Logistics Services, Inc. (Cat Logistics)
Tuesday, March 22, 2011
More than 20 railroad and shipping experts are slated to predict their industry’s futures at the 2011 North American Rail Shippers annual meeting at the Wyndham Parc 55 Hotel in San Francisco, May 25-27.
Posted on 03/22 at 11:47 AM
The GPA announced that it experienced 16.3 percent container volume growth in February 2011 with additional impressive gains in automobiles, machinery and wood pulp
Monday, March 21, 2011
No major disruptions to inbound and outbound calls are anticipated, but carriers remain on guard
Friday, March 18, 2011
UPS recently announced that it has appointed Scott Wicker as its first Chief Sustainability officer. Wicker previously served as UPS’s vice president of corporate plant engineering and has been with the company for 34 years, first joining as a package loader before serving in various engineering positions.
Even though the trucking industry appears to benefit from relatively healthy volume growth, there are enough obstacles in the way to make its future outlook somewhat cloudy. That is the consensus of a recent survey from Transport Capital Partners (TCP).
Japan’s supply chain continues to be disrupted by the ongoing consequences of last week’s earthquake
Railroad volumes continued trending in the right direction, with volumes up again for both carload and intermodal for the week ending March 12, according to data from the Association of American Railroads (AAR).
Thursday, March 17, 2011
Net income for the quarter—at $231 million—was down 3 percent from last year’s $239 million, but quarterly revenue at $9.66 billion was up 11 percent from last year’s $8.70 billion. Operating income—at $393 million—was down 6 percent year-over-year.
Following last Friday’s earthquake and subsequent tsunami, nearly all Japanese automakers have idled production, owing to either physical damage or rolling blackouts.