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Thursday, May 05, 2011

FedEx subsidiary FedEx Trade Networks, the company's global trade arm, said this week that it is continuing its global expansion efforts with the opening of five new offices in its Europe, Middle East, and Africa (EMEA) region.
Posted on 05/05 at 08:40 AM
NewsFreight ForwardingLogisticsFedExGlobal InsightsPermalink


The Dedham, Mass.-based firm said that the TMS market has "bounced back" after the global recession, growing faster than the rate of inflation in 2010, with significant growth forecasted through 2015.
Posted on 05/05 at 07:52 AM
NewsTMSLogistics SoftwareARC Advisory GroupLogistics TechnologyPermalink


Americans are significantly more concerned about nearly all aspects of their security compared to six months ago, according to new research conducted by Unisys Corporation.

Wednesday, May 04, 2011

Like its companion report, which focuses on manufacturing, the Institute for Supply Management's (ISM) Non-Manufacturing Report on Business showed positive growth for the 17th straight month in April. The ISM’s index for measuring the sector’s overall health—known as the NMI—was 52.8 in April, 4.5 percentage points lower than March's 57.3. Even with the sequential decline, a reading above 50 represents growth.
Posted on 05/04 at 12:19 PM
NewsPermalink


The Senate Commerce Committee announced today that it will hold a hearing on Tuesday, May 10 to review the Transportation Worker Identification Credential (TWIC) program. The hearing is entitled "Are our Nation's Ports Secure? Examining the Transportation Worker Identification Credential Program."
Posted on 05/04 at 10:32 AM
NewsPermalink


Tuesday, May 03, 2011

Nearly four months after global industrial real estate bellwethers ProLogis and AMB Property Corporation announced they signed a definitive agreement to pave the way for a merger, ProLogis officials said that the company has scheduled a special meeting of its shareholders to consider and vote upon the merger.

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 11.8 percent in February 2011 compared to February 2010 increasing to $66.5 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
Posted on 05/03 at 09:49 AM
NewsTruckingDOTBureau of Transportation StatisticsGlobal InsightsPermalink


A week ago, prices fell 0.7 cents to $4.098 per gallon, and the previous week the average price was up 2.7 cents per gallon. When diesel hit $4.078 per gallon the week of April 11, it marked the first time diesel has been above the $4 per gallon mark since the week of September 15, 2008, when it hit $4.023.
Posted on 05/03 at 08:41 AM
NewsPermalink


Highlighting geographical proximity and improvements in transportation services, 63 percent of senior executives chose Mexico as the most attractive locale for re-sourcing manufacturing operations closer to the U.S. market, compared with just 19 percent who would re-source to the United States
Posted on 05/03 at 07:53 AM
NewsGlobal LogisticsGlobal TradeSupply ChainPermalink


Monday, May 02, 2011

Company officials said the $105 million facility is part of the $2.5 billion Crescent Corridor initiative. It is expected to be open in late 2012 and will be built on 380 acres. It is expected to create 6,200 jobs in the Memphis region over the next ten years and is expected to handle 327,000 containers and trailers annually.
Posted on 05/02 at 03:50 PM
NewsSupply Chain ManagementIntermodalLogisticsRailroad ShippingNorfolk SouthernPermalink



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