Friday, December 17, 2010
Third-party logistics (3PL) services provider Saddle Creek Corp. said this week it has acquired San Diego-based ProLog Logistics Inc., a provider of warehousing and fulfillment services.
While the nearly $860 billion tax cut bill is heading to President Obama to be signed into law, it would not only mean that income taxes remain at current levels, it would also mean good news is coming down the track for short line railroads.
The Association of American Railroads (AAR) reported that railroad volumes for the week ending December 11 were up compared to the same timeframe a year ago.
Posted on 12/17 at 10:15 AM
The U.S. Chamber of Commerce has praised the administration’s efforts to deliver meaningful outcomes for American business at the bilateral dialogue to promote U.S.-China commercial relations
Thursday, December 16, 2010
FedEx announced today it has signed an agreement to acquire Mexico-based domestic express package delivery company MultiPack.
Posted on 12/16 at 01:54 PM
A combination of factors led to net income for the fiscal second quarter at FedEx to drop 18 percent to $283 million, according to the company’s earnings announcement today.
Wednesday, December 15, 2010
In the continuing story surrounding the Panama Canal expansion, The North Carolina State Ports Authority appears to writing the latest chapter
The case for heavier trucks received good news in Washington, D.C. this week, with Senator Susan Collins (R-Maine) stating that the Senate Appropriations Committee, on which she serves as a member, support a one-year extension of a pilot program that exempts Maine’s federal highways from the 80,000 pound federal truck weight limit.
Import cargo volumes at U.S.-based retail container ports are expected to see gains on an annual basis in December and for all of 2010, according to the most recent Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
The World Trade Organization ruled this week that the United States acted within its rights when it raised import taxes on Chinese tires by as much as 35 percent. Not all supply chain experts here approve.