All Entries

Monday, June 21, 2010

Greetings from Atlanta. I am at the eyefortransport 3PL Summit. This is the fifth year I have made the trip down from New England for this event.

With various reports suggesting a vote on the Federal Aviation Administration reauthorization is imminent, a labor component of the bill is still at the center of a high degree of acrimony between parcel industry bellwethers FedEx and UPS.

Shippers should be concerned about the Rules because of complications related to two recent Supreme Court cases currently awaiting a decision, said a prominent analyst.

Friday, June 18, 2010

On the heels on consecutive 3 percent gains in the number of global manufacturers shipping to the United States in March and April, May saw that number climb to 9 percent, according to data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Global on-demand, software-as-a-service logistics technology provider Descartes said it has acquired privately-held Belgian-based Routing International, a developer and distributor of optimized route planning solutions. Descartes paid for roughly $4.1 million for Routing International and incurred certain transaction expenses.

DHL Global Forwarding announced this week that it has rolled out a new Less-than-Container-Load (LCL) Expedited services which will connect 19 European origins to the United States.

Thursday, June 17, 2010

The Cabinet Council of the Republic of Panama approved a proposal to modify the Panama Canal pricing structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors.

While volumes still lag 2008 levels, weekly carload and intermodal volumes continue to surpass 2009 levels, according to the Association of American Railroads (AAR).

LM Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Echo Global Logistics, a publicly-traded non-asset based freight brokerage company, about market trends and conditions.

Legislation focused on providing increased regulatory oversight of brokers and freight forwarders in the trucking industry was introduced this week.