Wednesday, May 29, 2013
California shippers got some very good news this week, when it was announced that the Port of Oakland has appointed a veteran executive director. The man named is an exceptional professional with a deep maritime background.
Posted on 05/29 at 09:15 AM
Non asset-based third-party logistics (3PL) services provider Transplace said yesterday it has selected New York-based private investment firm Greenbriar Equity Group LLC as its new equity partner.
Posted on 05/29 at 08:54 AM
Tuesday, May 28, 2013
As the global economic picture remains, um, murky, a recent report in the Wall Street Journal observed that declining manufacturing output in China, the world’s second largest economy after the United States, is cause for concern.
Posted on 05/28 at 09:33 AM
The Port of Oakland Board of Commissioners announced the appointment of maritime shipping industry veteran Chris Lytle as the new Executive Director. While this fills a leadership void at one key West Coast ocean cargo gateway, it leaves another at the Port of Long Beach.
Friday, May 24, 2013
LM recently spoke with recently spoke with Wall Street analyst John Larkin to get some of his insights as we approach the halfway point of 2013, or at least get a little closer to it.
Posted on 05/24 at 09:16 AM
Carload volume—at 285,679—was up 1.9 percent annually, and intermodal—at 250,159 trailers and containers—was up 3.5 percent
Thursday, May 23, 2013
At yesterday’s Senate Commerce Committee hearing on the recently announced nomination of Charlotte, North Carolina Mayor Anthony Foxx to be Secretary of Transportation, the nominee laid out some key components of his agenda if he is confirmed.
Posted on 05/23 at 12:56 PM
Supply chain consultancy Armstrong & Associates said this week that total United States 2012 third-party logistics (3PL) gross revenue—at $141.8 billion—were up 6 percent over 2011.
Wednesday, May 22, 2013
Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.
Posted on 05/22 at 01:01 PM