Tuesday, February 03, 2015
Judging by the follow-up questions we received, we’ve hit only the tip of the ice berg. John Larkin of Stifel Nicolaus answers attendees questions relating to the Truckload and Less-Than-Truckload sector.
Transportation infrastructure received a fair amount of attention in the White House’s proposed Fiscal Year 2016 budget, which was released yesterday.
Posted on 02/03 at 02:28 PM
UPS today reported today that fourth quarter revenue increased 6.1 percent to $15.895 billion, and operating profit was off 60.5 percent annually at $754 million. Earnings per share were flat at $1.25 and were in line with earnings pre-guidance it recently issued that called for earnings per share to come in at $1.25.
Posted on 02/03 at 12:13 PM
UPS Freight •
The average price per gallon of diesel gasoline dropped 3.5 cent to $2.831 per gallon, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
Posted on 02/03 at 10:14 AM
Diesel Prices •
Monday, February 02, 2015
While sequential growth did not materialize to begin the year, manufacturing activity still remained in growth mode over all in January, according to the January edition of the Manufacturing Report on Business from the Institute for Supply Management (ISM).
Posted on 02/02 at 02:28 PM
While parcel rates are up to their highest levels ever in 2015 as evidenced by parcel giants UPS and FedEx recently rolling out GRIs (general rate increases) that took effect earlier this year along with the changes to its dimensional pricing rates, fuel surcharges are also on the rise for the companies comprising this parcel duopoly.
Posted on 02/02 at 11:58 AM
Following a mid-December announcement in which transportation and logistics bellwether FedEx said it signed an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics, FedEx said late last week the deal has officially been completed.
Posted on 02/02 at 10:20 AM
Sunday, February 01, 2015
While major Big Box retailers have struggled to keep pace with consumer-driven demands for instant gratification, Sears Holdings has come up with new innovations to anticipate and serve shoppers with a new one-day ground delivery service supported by a dynamic DC network.
Our parcel experts take a deep dive into the marketplace and explore potential changes in service, the ongoing impact of e-commerce, and, of course, ever-rising rates that are projected to hit their highest levels ever this year.
Complemented by a growing stable of inexpensive execution solutions, aging software monoliths can prove that they don’t need to be toppled.