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Tuesday, June 02, 2015

Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, has officially completed its recently-announced acquisition of Command Transportation LLC, privately held truckload broker and non-asset based transportation provider.
Posted on 06/02 at 01:05 PM
NewsEcho Global LogisticsPermalink


SHIFT Freight, a less-than-truckload (LTL) carrier that moves freight from California, Nevada, and Arizona to the Eastern half of the United States, said this week that it is now serving 1,400 new direct points in Michigan and Ohio.
Posted on 06/02 at 10:37 AM
NewsLTLLess-Than-TruckloadPermalink


Less-than-truckload (LTL) bellwether Old Dominion Freight Line (ODFL) said this week that it has updated its second quarter expectations for growth in LTL tons per day, and year-over-year growth in LTL revenue per hundredweight, excluding fuel surcharges.
Posted on 06/02 at 09:04 AM
NewsLTLODFLLess-Than-TruckloadPermalink


At $2.909 per gallon, the average price for this week was down half a cent, following a cumulative 16-cent gain over the previous six weeks.
Posted on 06/02 at 08:22 AM
NewsEIADiesel PricesDieselPermalink


Monday, June 01, 2015

The PMI, the ISM’s index to measure growth was up 1.3 percent compared to April at 52.8 (a PMI of 50 or greater represents growth), showing growth for the second straight month after five months of sequential declines, which had been in effect since October 2014. The current PMI is 2.1 percent below its 12-month average of 54.9.
Posted on 06/01 at 12:46 PM
NewsInstitute for Supply ManagementManufacturingISMPermalink


Non asset-based 3PL XPO Logistics has upped its equitable ante, announcing today it has entered into definitive agreements to raise $1.26 billion through entering into definitive agreements with the Ontario Teachers’ Pension Plan, GIC-Singapore’s sovereign wealth fund, and Public Sector Pension Investment board, with the net proceeds to be used by XPO to fund its ongoing growth strategy, the company said.
Posted on 06/01 at 10:05 AM
NewsXPO LogisticsPermalink


Friday, May 29, 2015

According to the report, this option will be made available in 14 metropolitan locales in the United States and will not come with an extra fee for Amazon Prime members.
Posted on 05/29 at 11:17 AM
NewsPermalink


DHL said this investment is being made to meet customer needs for ongoing growth in international e-commerce and global trade and will also provide more gates to accommodate additional aircraft, warehouse space, and new equipment to provide more capacity for sorting shipments and for unloading and reloading planes.
Posted on 05/29 at 10:35 AM
NewsDHLPermalink


The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in March dropped 5.3 percent annually to $96.1 billion.
Posted on 05/29 at 09:34 AM
NewsNAFTABTSPermalink


U.S. carloads were down 9.1 percent annually at 273,387, and intermodal volume was up 4.3 percent annually at 281,090 containers and trailers.
Posted on 05/29 at 09:20 AM
NewsPermalink



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