Wednesday, February 04, 2015
FTR’s preliminary data for January showed 35,060 units ordered, which was down from how 2014 ended, with three straight months of 40,000-plus units ordered.
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 56.7 in January, which was 0.2 percent ahead of December and also 0.2 percent ahead of the 12-month average of 56.5. Economic activity in the non-manufacturing sector has grown for the last 60 months, according to ISM.
Global third-party logistics (3PL) services provider CEVA Logistics recently announced it opened up its fourth facility in Chicago, which is located in close proximity to O’Hare International Airport.
Posted on 02/04 at 10:35 AM
In a few months, the company will release cloud capability to support order promising “from quote to cash.”
Posted on 02/04 at 09:49 AM
Tuesday, February 03, 2015
Transportation infrastructure received a fair amount of attention in the White House’s proposed Fiscal Year 2016 budget, which was released yesterday.
Posted on 02/03 at 02:28 PM
UPS today reported today that fourth quarter revenue increased 6.1 percent to $15.895 billion, and operating profit was off 60.5 percent annually at $754 million. Earnings per share were flat at $1.25 and were in line with earnings pre-guidance it recently issued that called for earnings per share to come in at $1.25.
Posted on 02/03 at 12:13 PM
UPS Freight •
The average price per gallon of diesel gasoline dropped 3.5 cent to $2.831 per gallon, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
Posted on 02/03 at 10:14 AM
Diesel Prices •
Monday, February 02, 2015
While sequential growth did not materialize to begin the year, manufacturing activity still remained in growth mode over all in January, according to the January edition of the Manufacturing Report on Business from the Institute for Supply Management (ISM).
Posted on 02/02 at 02:28 PM
While parcel rates are up to their highest levels ever in 2015 as evidenced by parcel giants UPS and FedEx recently rolling out GRIs (general rate increases) that took effect earlier this year along with the changes to its dimensional pricing rates, fuel surcharges are also on the rise for the companies comprising this parcel duopoly.
Posted on 02/02 at 11:58 AM
Following a mid-December announcement in which transportation and logistics bellwether FedEx said it signed an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics, FedEx said late last week the deal has officially been completed.
Posted on 02/02 at 10:20 AM