Monday, July 02, 2012
The mid-year less-than-truckload (LTL) rate hike is nearly complete, with UPS Freight, the LTL subsidiary of UPS announcing a general rate increase (GRI) of 5.9 percent, effective July 16.
Posted on 07/02 at 10:04 AM
The ongoing economic malaise in Eurozone nations is not likely to see any meaningful signs of improvement in the near future. That was the main message in the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
The House approved the bill, which adopts the name of the Senate’s version, MAP-21 (Moving Ahead for Progress in the 21st Century), by a 373-52 margin, and the Senate signed on with a 74-19 vote. The bill was awaiting President Barack Obama’s signature for it to be signed into law at press time.
Friday, June 29, 2012
In a widely anticipated move, Class I railroad carrier Canadian Pacific Railway formally named Hunter Harrison as its president and chief executive office and a member of its Board of Directors.
Thanks to a transformational organizational change led by Stotlar, he says Con-way is on its way back to its familiar leadership perch atop the LTL industry. Its largest unit, the $3.2 billion Con-way Freight LTL unit, has rebounded from its low point during the 2008-2010 recession to again one of the most profitable carriers in the sector.
Posted on 06/29 at 09:53 AM
Con-way Freight •
Carload volume—at 288,730—was up 1.4 percent annually, and intermodal volume—at 246,128 trailer and containers—were up 4.8 percent.
There are various parts of the bill which stand to have a direct impact on freight transportation, logistics, and supply chain stakeholders.
Posted on 06/29 at 08:59 AM
Thursday, June 28, 2012
Leading manufacturing and retailing companies are leveraging technology improvements for greater supply chain efficiency, leading to increased profits and smoother, cheaper transportation costs.
American businesses are on track to double exports by 2014, meaning million of new U.S. jobs that are fueling the overall economic recovery, according to a top Commerce Department official.
Logistics Management Group News Editor recently caught up with Doug Waggoner, CEO of Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, at last week’s eyefortransport 3PL Summit in Chicago.