All Entries

Monday, November 22, 2010

UPS recently announced an agreement to sell its UPS Logistics Technologies unit to Thoma Bravo, LLC, a leading private equity investment firm. Financial details were not disclosed.

UPS recently announced an agreement to sell its UPS Logistics Technologies unit to Thoma Bravo, LLC, a leading private equity investment firm. Financial details were not disclosed.

Friday, November 19, 2010

In the wake of a recent ruling by U.S. District Court upholding the legality of the Port of Los Angeles concession requirements for motor carriers, The American Trucking Associations (ATA) is trying to expedite its appeal.

Con-way Multimodal, a subsidiary of Con-way’s third-party logistics subsidiary Menlo Worldwide Logistics, said this week it has opened up a new office in Aurora, Illinois. This unit of Con-way focuses on arranging third-party services for over-the-road intermodal, flatbed, heavy-haul, and specialized transport for freight shipments,

Railroad volumes for the week ending November 13 were up year-over-year, according to data released by the Association of American Railroads (AAR). Carload volume at 297,269 was up 5.8 percent compared to the same week last year

Thursday, November 18, 2010

UPS Freight, the less-than-truckload (LTL) subsidiary of UPS said this week it has improved transit times between U.S. cities and Calgary and Edmonton, Alberta, Canada.

Regardless of the raw data, which largely points to a slowly moving economic recovery, one thing which cannot be overstated is the better-than-good run intermodal is on these days.

YRCW said the suit is without merit. Company also signals its intention to close down 31 terminals.

Much of the first half of 2010 centered on inventory restocking, which led to improved freight volumes, shortages of equipment and higher rates, especially when compared to a trying 2009. Since that time, things have changed with volumes relatively flat since mid-year and the theme of ‘cautious optimism’ prevailing when it comes to the long- and short-term economic outlook. These sentiments were echoed to a large degree at the opening session of this week’s TransComp expo, hosted by the National Industrial Transportation League, the Intermodal Association of North America, and the Transportation Intermediaries Association.

America’s waterborne foreign trade in September continued its rebound from last year’s lows, noted the American Association of Port Authorities yesterday