Wednesday, March 20, 2013
Earlier this month, a collection of industry associations announced a plan to develop a roadmap for the future of materials handling and logistics in the United States.
Posted on 03/20 at 10:36 AM
Materials Handling •
Despite solid performances from its Ground and Freight units, fiscal third quarter earnings for transportation and parcel bellwether FedEx were down overall on an annual basis, with quarterly net income—at $361 million—down 31 percent.
Posted on 03/20 at 10:21 AM
Tuesday, March 19, 2013
The American Trucking Associations (ATA) reported today that trucking volumes showed modest gains in February.
In an effort to pre-inspect truck-hauled cargo between the United States and Canada, the countries last week issued a Memorandum of Understanding (MoU) between Canada’s Ministry of Public Safety and U.S. Customs and Border Protection to launch a truck cargo pre-inspection pilot program in Canada.
Following declines of 4.2 cents and 2.9 cents, respectively, over the last two weeks, the EIA reported that diesel prices this week dipped 4.1 cents to $4.047 per gallon. Over the last three weeks, priced have dropped a cumulative 11.2 cents.
Posted on 03/19 at 08:41 AM
Diesel Prices •
Monday, March 18, 2013
Zepol data indicates United States-bound containerized vessel imports were mixed for the month of February, with imports down sequentially and up annually.
Posted on 03/18 at 01:42 PM
Global third-party logistics (3PL) services provider MIQ Logistics announced earlier this month that it has opened a Laredo, Texas-based facility which it said will focus on serving shippers’ cross-border supply chain needs.
Friday, March 15, 2013
The government’s proposed changes to the complex truck driver hours of service regulations had their day in court on the Ides of March and certainly anybody that expected clarity on the issue should have been beware.
In response to global challenges faced by most businesses throughout the past few years, freight forwarders have adjusted their business models in response to adverse economic demands.
Like its neighbor, the Port of Los Angeles, across San Pedro bay, the Port of Long Beach (POLB) had a strong month volume-wise in February, according to data released by the port this week.