Thursday, August 19, 2010
FedEx recently announced that its FedEx Express subsidiary has launched a new flight from Bengaluru, India with direct connections to Europe, the Middle East, and the United States. This is the company’s third India-based gateway—Delhi and Mumbai are the others.
Wednesday, August 18, 2010
With the economy in better shape than it was a year ago, despite recent signs of slippage, it appears that transportation and logistics merger & acquisition activity is on the mend, too, according to PricewaterhouseCoopers’ recently-released data.
The number of global manufacturers shipping to the United States slipped from June to July, according to data from Panjiva
Tuesday, August 17, 2010
The positive momentum for intermodal transportation, which gained momentum during the first quarter of the year, continued on a steady track in the second quarter, according to the most recent Market Trends report from the Intermodal Association of North America (IANA).
Posted on 08/17 at 05:00 AM
As part of a continuing effort to meet customer needs—and generate solutions to drive needed revenue—the United States Postal Service (USPS) is now offering shipping services at 1,083 Office Depot stores throughout the United States.
Monday, August 16, 2010
Less-than-truckload transportation services provider YRC Worldwide (YRCW) said it has completed the official closing of its sale of a portion of its YRC Logistics business to strategic private equity investor Austin Ventures.
A diesel additive study conducted by GPA yielded a five-percent reduction in fuel consumption, as well as drastically decreased emissions.
Posted on 08/16 at 01:58 PM
The Conveyor Equipment Manufacturers Association monthly report show booked orders in June 2010 were up 27% over May 2010 and up 53% over the same time period last year.
Posted on 08/16 at 07:45 AM
Friday, August 13, 2010
As was the case in June, volumes at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) were strong on a year-over-year basis.
A sputtering economy received a small dose of good news, with retail sales showing gains in July, according to data released by the United States Department of Commerce and the National Retail Federation (NRF).