Monday, May 13, 2013
In this exclusive webcast, we share the details of Peerless Research Group’s (PRG) 2013 Software Users Survey, an annual study designed to capture readers’ experiences, plans, and apprehensions surrounding materials handling software.
Posted on 05/13 at 08:35 AM
Friday, May 10, 2013
Following a $1.3 billion net loss in the fiscal first quarter, the USPS said its second quarter net loss was $1.9 billion. These losses follow a fiscal year 2012 loss of $15.9 billion.
Posted on 05/10 at 11:19 AM
Freight transportation consultancy says that continued moderate growth in conjunction with HOS and other regulations, will cause trucking rates to firm up in the coming months and improve carrier profitability.
Posted on 05/10 at 09:29 AM
FTR Associates •
CEVA CEO Marv Schlanger said that his company's recapitalization will make for a stronger balance sheet for CEVA, which will enable the company to grow faster and better compete in the logistics and supply chain marketplace.
Posted on 05/10 at 06:45 AM
Global Logistics •
Carload volume—at 283,916—was up 2.8 percent annually, and intermodal—at 245,678 trailers and containers—was up 2.8 percent.
Posted on 05/10 at 06:28 AM
Thursday, May 09, 2013
ABF says it is focused on its ongoing labor negotiations and other strategic and operational initiatives and that a transaction with YRC is not appropriate at this time.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased 0.3 percent from February to March.
Following a March decision by the Los Angeles Board of Harbor Commissions to recommend approval of Class I railroad carrier BNSF Railway’s Southern California International Gateway (SCIG) project, BNSF received more good news yesterday, when the Los Angeles City Council voted to approve the $500 million project.
Wednesday, May 08, 2013
Non asset-based 3PL XPO Logistics reported first quarter results yesterday and also announced that it acquired Interide Logistics, a freight brokerage business.
First quarter revenue for XPO Logistics—at $114.0 million—was up 155.8 percent annually, and gross margin dollars increased 140.0 percent annually to $16.3 million, with gross margin percentage up 14.3 percent.
Posted on 05/08 at 12:46 PM
XPO Logistics •
Senator Frank Lautenberg (D-NJ) this week reintroduced legislation, entitled the Safe Highways and Preservation Act of 2013 (SHIPA), which is geared to keep bigger and heavier trucks off the road and apply existing federal truck size and weight limits to the entire National Highway System, rather than interstate highways, which is the case today.