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All Entries

Thursday, October 29, 2015

It is not entirely surprising that high inventory rates are cited first as one of the reasons for a paltry third quarter GDP number. That has been the case for a while and it is evident in the inventory-to-sales ratio, which stands at 1.37 through the end of August, compared to 1.30 in August 2014.
Posted on 10/29 at 09:50 AM
BlogsInventoryInventory ManagementPermalink

With the days falling off the calendar leading up to the holiday season, the ongoing influence and emergence of e-commerce on supply chain management shows no signs of stopping. That was a major takeaway of a keynote speech given by Henry Maier, president and CEO of FedEx Ground at the University of Rhode Island’s Supply Chain Management Forum earlier this week.
Posted on 10/29 at 08:41 AM
NewsFedExe-commerceFedEx GroundPermalink

Wednesday, October 28, 2015

Shortly after the House Transportation and Infrastructure Committee introduced a short-term transportation authorization earlier this week, which would fund and extend authorization for federal highway and transit programs through November 20, the House of Representatives formally approved the legislation yesterday.
Posted on 10/28 at 12:52 PM

A recent report concludes that technology exists today to secure digital access and identity issues and help companies monetize their data assets responsibly.
Posted on 10/28 at 11:16 AM
NewsTMSOracleCloudCloud ComputingPermalink

Supply chain managers attending the annual Oracle OpenWorld conference in San Francisco this week learned that a record number of the company’s partners are extending their opportunities and revenue potential in the cloud.
Posted on 10/28 at 11:12 AM

Tuesday, October 27, 2015

Diesel prices dropped for the second week in a row, with the average price per gallon down 3.3 cents to $2.498 per gallon, following a 2.5 cent drop last week, according to the Department of Energy’s Energy Information Administration.
Posted on 10/27 at 09:20 AM
NewsEIADiesel PricesDieselPermalink

Port director named recipient of the 2015 National Industrial Transportation League’s (NITL) Executive of the Year award.
Posted on 10/27 at 08:59 AM

UPS reported today that third quarter revenue was down 0.4 percent annually at $14.2 billion, due to currency exchange rates and lower fuel surcharges. But earnings per share at $1.39 was up 5.3 percent, ahead of Wall Street estimates of $1.37.
Posted on 10/27 at 08:46 AM

Monday, October 26, 2015

While the House Transportation and Infrastructure Committee has its sights set on a long-term transportation authorization for the future, the present is a bit more short-term, with an announcement today that a short-term extension has been introduced.
Posted on 10/26 at 03:59 PM

The Memphis-based transportation and logistics bellwether said that it is predicting it will move 317 million shipments between Black Friday and Christmas, which, if that number is reached, will stand as a new company record and be up 12.4 percent annually compared to 2014 holiday season volumes.
Posted on 10/26 at 11:24 AM
NewsFedExPeak SeasonPermalink

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