Wednesday, December 19, 2012
The aftereffects of Super Storm Sandy had an impact on fiscal second quarter net income for global transportation and parcel bellwether FedEx at $438 million, which was down 12 percent annually from $497 million, the company said in its earnings announcement today.
Posted on 12/19 at 10:15 AM
The Commodity Classification Standards Board (CCSB) has received a number of inquiries from users of the National Motor Freight Classification (NMFC) regarding Peter Moore’s column in the November 2012 issue of Logistics Management. These inquiries relate to the suggestion by Mr. Moore that a recent action by the CCSB to reclassify pallets has resulted in a far-reaching change to the classification of palletized freight and to the information that shippers of palletized freight must show on bills of lading at time of shipment.
Tuesday, December 18, 2012
November trucking volumes largely recovered from the Hurricane Sandy-induced declines in October, according to data released by the American Trucking Associations.
If you see a few more UPS delivery trucks than usual in your neighborhood this week, do not be surprised. There are more than a few reasons for that.
Posted on 12/18 at 12:57 PM
Global third-party logistics (3PL) services provider CEVA Logistics said this week it has signed a definitive agreement with Australia-based Brambles Limited, a provider of pallet, crate and container pooling solutions through the CHEP and IFCO brands, to sell its Intermediate Bulk Container (IBC) groups, European Container Logistics and its Asia Pacific Pallecon business.
Posted on 12/18 at 10:42 AM
Global Logistics •
Diesel prices continued to head south this week, with the Department of Energy’s Energy Information Administration reporting that the average price per gallon fell 4.6 cents to $3.945 per gallon.
Posted on 12/18 at 09:57 AM
Diesel Prices •
Monday, December 17, 2012
Specific factors drive respective volumes gains and losses at the Port of Long each and Port of Los Angeles, respectively.
Heads of NITL and AAR discuss differences over railroad switching at RailTrends conference.
The Teamsters National Freight Industry Negotiating Committee said it is prepared to exchange contract proposals with ABF on December 18 and bargain a solid contract for the 7,500 ABF Teamsters.
Posted on 12/17 at 10:15 AM
ABF Freight •
Friday, December 14, 2012
To support the productive enterprise, supply chains must embrace resiliency and become “massively multidimensional.”