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Thursday, July 30, 2015

Earlier today, the United States Senate signed off on a six-year surface transportation authorization, according to various media reports. The bill, entitled the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act, passed by a 65-34 margin and comes at a time, when the most recent extension for surface transportation funding expires tomorrow, July 31.
Posted on 07/30 at 12:44 PM
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Demand for the $500 million in available funding for the United States Department of Transportation’s TIGER (Transportation Investment Generating Economic Recovery) competitive grant program was easily trumped, with applications for the seventh round of TIGER grants coming in at $9.8 billion, or nearly twenty times the available amount, DOT said this week.
Posted on 07/30 at 09:54 AM
NewsDOTTIGERPermalink


Global logistics managers will be tracking the progress of the controversial Trans-Pacific Partnership (TPP) talks in Maui, Hawaii this week, as negotiating parties hope to finalize the agreement.
Posted on 07/30 at 08:22 AM
NewsGlobal LogisticsEconomyTradePermalink


Wednesday, July 29, 2015

UPS Access Point locations serve as a replacement delivery address when consumers are not at home to receive a package or when consumers want a delivery to go somewhere other than their residence.
Posted on 07/29 at 11:51 AM
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Non asset-based third-party logistics services provider Roadrunner Transportation Systems Inc. (RRTS) said this week it has acquired El Paso, Texas-based Stagecoach Cartage and Distribution for $35 million along with an earn-out at $5 million.
Posted on 07/29 at 10:46 AM
NewsNAFTARRTSPermalink


Tuesday, July 28, 2015

Matson, Inc., a leading U.S. carrier in the Pacific, is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services.
Posted on 07/28 at 04:01 PM
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Josh Green, CEO of Panjiva, an online search engine with detailed information on global suppliers and manufacturers, said despite the recent trends coming out of China, it is important to remember is that on a big picture level, its impact on the global economy is big and growing.
Posted on 07/28 at 12:29 PM
NewsChinaGlobal LogisitcsPermalink


Diesel gasoline’s average price per gallon dropped for the ninth week in a row, according to data issued by the Department of Energy’s Energy Information Administration (EIA) this week.
Posted on 07/28 at 10:17 AM
NewsEIADiesel PricesPermalink


Citing currency exchange rates and lower fuel surcharges, second quarter revenue for transportation and logistics titan UPS dropped 1.2 percent to $14.1 billion, the Atlanta-based company reported today. Even though revenue was slightly down, earnings per share saw a 12 percent annual gain at $1.35, which was above Wall Street estimates of $1.27.
Posted on 07/28 at 09:33 AM
NewsUPSPermalink


Monday, July 27, 2015

The U.S. Department of State maintained Thailand’s Tier 3 ranking, the lowest category, in its annual Trafficking in Persons (TIP) Report, which was released this week.
Posted on 07/27 at 06:09 PM
NewsLaborFlags of Convenienceglobal tradePermalink



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