Wednesday, August 01, 2012
Analysts agree: One of the greatest challenges facing both shippers and carriers over the next year will be rebuilding relationships on the high seas.
With pricing power back in the hands of the rejuvenated LTL sector, carriers are now laser focused on margins while concentrating on profitable freight.
Net income of $41.8 million—or $0.74 per share—was up 30 percent annually. And operating income—at $80.1 million—saw a 33.2 percent annual improvement, with revenue—at $1.45 billion—seeing a 7.2 percent improvement.
Posted on 08/01 at 02:04 PM
Con-way Freight •
On the heels of June, which registered its lowest monthly reading in three years, July’s Manufacturing report on Business from the Institute for Supply Management (ISM) was fairly flat in comparison.
Trucking interests are back in court challenging the government’s latest attempt to reduce the hours a truck driver can legally work—and they are getting some help from some of the largest shippers in the nation.
It’s my honor to present the logistics and transportation community with the results of the 29th Annual Quest for Quality Survey. This is the culmination of a six-month research project conducted by Peerless Research Group (PRG) that’s become known as the most important measure of customer satisfaction and service performance excellence available in our industry.
Not surprisingly, the United States Postal Service announced this week it is unable to make $5.5 billion in mandated prefunding health retiree benefits to the Treasury, which is due today, as well as a $5.6 billion payment due on September 30.
Shippers are increasingly telling me that the number of options in the less-than-500-pound shipment market confuses them. The one thing that many can understand is that costs continue to climb despite the deregulation of rates. However, enormous savings can be achieved by knowing your shipment weight and distance, direction, and cube as well as the capabilities of your carrier.
In its ongoing quest to help U.S. multinationals remain competitive in the global marketplace, the University of Tennessee’s Global Supply Chain Institute recently convened its private sector “advisory board” in Chicago for a one-day forum
TrakLok and a HazMat provision in MAP-21 go hand in hand.