Thursday, July 22, 2010
Despite an uneven economy, UPS earlier today reported strong second quarter results. The company said that quarterly revenue—at $12.2 billion—was up 12.7 percent year-over-year, and operating profit—at $1.4 billion—was up 56.6 percent. Earnings per share—at $0.84—were up 71 percent.
Posted on 07/22 at 07:58 AM
Wednesday, July 21, 2010
Even though various freight- and economic-related indices have lost steam in recent weeks, one which continues to chug along is the TransCore North American Freight Index.
Following its promising forecast made last month, the International Air Transport Association is reporting a significant surge in air cargo demand.
One of the emerging stories in the RFID market is the convergence of technologies around RFID. “Sensing and monitoring is beginning to take hold,” says Drew Nathanson, director of research operations for VDC Research Group, a Massachusetts based technology research firm.
Posted on 07/21 at 10:51 AM
Even though trucking capacity remains tight, an ongoing increase in Class 8 commercial vehicle orders and production remains strong, according to data released by ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Posted on 07/21 at 08:11 AM
Class 8 Trucks •
Tuesday, July 20, 2010
KPMG officials said bringing Grant Thornton’s supply chain practice into the fold strengthens KPMG's existing restructuring services practice in the automotive, pharmaceuticals, aerospace and defense and other manufacturing.
The number of global manufacturers shipping to the United States continued in June with a 1 percent gain, according to data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Located in Germany, the new facility features multiple integrated materials handling solutions to demonstrate business critical material flow scenarios.
A.T. Kearney recently released the results of a global study, which suggests that indirect procurement categories like IT, marketing and advertising, facilities management, MRO, Logistics and professional services, have become increasingly important to Chief Procurement Officers and their organizations.
Posted on 07/20 at 07:27 AM
Supply Chain •
A.T. Kearney •
Monday, July 19, 2010
Earlier today, ATC Corporation, a provider of logistics and remanufacturing services for the high-tech and automotive industries, said it has entered into a definitive agreement and plan of merger pursuant to be acquired by third-party logistics (3PL) services provider Genco Distribution System Inc, for $512.6 million.