Thursday, June 07, 2012
Freight transportation forecasting firm FTR Associates reported this week that its preliminary data for May Class 8 truck net orders came in at 17,650 units.
Wednesday, June 06, 2012
As the International Air Cargo Association readies itself for the Annual General Meeting in Beijing next week, analysts will be able to examine one of the few bright spots in global aviation.
The National Retail Federation (NRF) yesterday threw its support behind a piece of supply chain security legislation focusing on ports.
The tenuous economic situation in Europe is having a more significant impact than previous estimates suggested, according to the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, said it has acquired Purple Plum Logistics LLC, a Wakefield, Mass.-based truckload transportation brokerage.
Tuesday, June 05, 2012
Freight shipments and expenditures both saw gains on a sequential and annual level, according to the most recent edition of the Cass Freight Index Report from Cass Information Systems.
Non-manufacturing activity in May turned in a decent performance, snapping a two-month streak of sequential declines, according to the May edition of the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business.
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.