Friday, September 23, 2011
While the global economy remains firmly entrenched in a holding pattern, data from Panjiva showed a seasonal increase in the number of United States-bound waterborne shipments for the fourth time on the last five months.
Secretary of Transportation Ray LaHood has announced that the Port of San Francisco was awarded $2.97 million for rail improvements aimed at improving segments of its freight rail track
Thursday, September 22, 2011
Schneider National subsidiary Schneider Logistics has rolled out a new service geared towards shippers with “re-occurring” less-than-truckload moves.
Company officials said signs of a global economic slowdown, which resulted in lower volumes and lower productivity for FedEx Express, were offset by improved results at the company’s FedEx Ground and FedEx Freight units.
Wednesday, September 21, 2011
Investment analysts greeted the news when UPS announced objectives for growing its revenue and profit over the next 3-to-5 years
In an exclusive interview, Unisys Corporation noted that it had reduced supply chain costs by an impressive 62 percent at Brazil’s major ocean cargo gateways
Data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles, showed that commercial vehicle orders did fairly well in August in light of the increasing amount of economic turmoil in recent weeks.
Third party logistics transportation services provider Exel, a wholly-owned entity Deutsche Post DHL, recently announced it plans to begin construction on a 250,000 square-foot distribution facility in Laredo, Texas.
As the economy continues to show continued evidence of slower-than-expected growth, that same trend is evident in the trucking market based on the results of the Third Quarter 2011 Transport Capital Partners (TCP) Business Expectation
Tuesday, September 20, 2011
This follows a 0.6 cent decline last week, which was preceded by a 5.8 cent gain over the previous two weeks.