Tuesday, June 05, 2012
Company officials said that the majority of these aircraft are currently parked and not in revenue service, adding that it will take a non-cash impairment charge of $134 million, which is $84 million net of tax and recorded in the fiscal fourth quarter of 2012.
Posted on 06/05 at 10:32 AM
Air Cargo •
Air Freight •
The company announced this week it has acquired all of the outstanding capital stock of CTW Transport, a Peabody, Mass.-based truckload carrier specializing in refrigerated food products.
These predictions will affect most logistics organizations, however, the impact will depend on how prepared they are to adapt to these events, analysts said.
Monday, June 04, 2012
Logistics Management Group News Editor Jeff Berman recently spoke with Derek Leathers, president and chief operating officer of Werner Enterprises about industry trends, the economy, and the regulatory landscape.
Friday, June 01, 2012
For the month of May, the PMI, ISM’s index used to measure manufacturing activity, was 53.5, which was 1.3 percent below April.
Carload volume at 291,381 was up 1.3 percent compared to the same week last year, and intermodal at 244,726 trailers and containers was up 4.3 percent annually
Company officials said this new name “is intended to better represent the company’s broad-based capabilities which include warehousing, transportation, packaging and order fulfillment.”
TSA officials said that this agreement will result in better communication sharing, stronger security, and more efficient air cargo transportation between the U.S. and the EU, which represents more then 1 million tons per year going to and from each continent and 20 percent of all EU outbound air cargo.
Thursday, May 31, 2012
In a letter to Department of Transportation (DOT) Secretary Ray LaHood, Senator Maria Cantwell (D-WA) stressed the need for America to have a “clear strategy to improve freight mobility and the movement of goods from farm and factory to market.”