Wednesday, November 05, 2014
Transportation and logistics titan FedEx said today that Bill Logue, president and CEO of FedEx Freight, its less-than-truckload subsidiary, will retire from his position, effective December 31, 2014.
FedEx officials said Logue cited health concerns as the reason for retirement.
Posted on 11/05 at 03:10 PM
FedEx Freight •
As contract negotiations resume today between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU), a war of words and allegations has escalated in the trade press.
Posted on 11/05 at 03:01 PM
LM Group News Editor Jeff Berman recently caught up with UPS Freight President Jack Holmes about a variety of topics, including pricing, market conditions, and regulations, among others.
Posted on 11/05 at 01:59 PM
UPS Freight •
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 57.1 (a reading above 50 represents growth) in October, down 1.5 percent from September’s 58.6 and down 2.5 percent from August’s 59.6, which is the highest NMI reading since it was added to the report in January 2008.
Posted on 11/05 at 11:38 AM
Tuesday, November 04, 2014
Commonly referred to as the “Driver Coercion Rule” in industry circles, the rule has various moving parts that have the potential to fundamentally change various facets of how freight is moved by motor carriers, tendered, and brokered, with many industry stakeholders maintaining they will not be changes for the better.
Posted on 11/04 at 01:59 PM
U.S. Customs and Border Protection (CBP) Commissioner R. Gil Kerlikowske and Mexico’s Tax Administration Service (SAT) Chief Aristóteles Núñez Sánchez recently signed a mutual recognition arrangement that allows stronger collaboration between CBP’s Customs-Trade Partnership Against Terrorism (C-TPAT) and SAT’s New Certified Companies Scheme (NEEC).
Posted on 11/04 at 10:20 AM
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Posted on 11/04 at 10:19 AM
white papers •
For those managers in the business of transporting sensitive freight, the Polar Vortex now holds significant meaning to them, and the 2014 winter will go down as one of the most challenging winters on record.
With refrigerated equipment at maximum capacity and quotas needing to be fulfilled, leaving your product to sit idle on the warehouse floor was not an option-and neither was shipping your cargo in a dry van and risking catastrophic losses.
In order to overcome the increasing worry, savvy shippers are turning to passive temperature protection to increase the reliability in their surface transportation and even reduce their transportation costs.
Diesel prices dropped again this week, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price per gallon fell 1.2 cents to $3.623 per gallon.
Weekly diesel prices have failed to see a single increase since the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon, a span stretching 19 weeks.
Posted on 11/04 at 09:52 AM
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