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Friday, March 23, 2012

Carload volume—at 278,420—was down 5.3 percent annually and slightly below the week ending March 10 at 278,728 and also below the week ending March 3 at 283,312.
Posted on 03/23 at 09:21 AM
NewsRail FreightIntermodalAARRailroad ShippingCarloadPermalink


Less than a week after announcing it increased the size of shares for its IPO from 6,000,000 to 8,000,000 shares to the public at $15.75 per share, non asset-based 3PL XPO Logistics said that effort has resulted in roughly $136.7 million in net proceeds.
Posted on 03/23 at 08:44 AM
News3PLLogisticsXPO LogisticsPermalink


Thursday, March 22, 2012

CEO Fred Smith says FedEx has a profitable multi-billion dollar business in Europe and it is growing strongly.
Posted on 03/22 at 12:03 PM
NewsGlobal LogisticsUPSDHLFedExExpressTNTTNT ExpressPermalink


Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 14.3 percent in 2011 compared to 2010, increasing to $904 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
Posted on 03/22 at 11:09 AM
NewsNAFTABureau of Transportation StatisticsPermalink


Quarterly revenue of $10.56 billion was up 9 percent from last year’s $9.66 billion, and operating income at $813 million was up 107 percent from $393 million. Its operating margin—at 7.7 percent—was up from 4.1 percent. FedEx reported earnings per share of $1.55, edging Wall Street estimates of $1.52.
Posted on 03/22 at 10:04 AM
NewsSupply Chain ManagementFedExPermalink


According to company officials, BDP AirStar expedites shipments from Chicago, New York, and Houston to Amsterdam to immediate transit to all major European destinations. This service is part of a multi-carrier partnership BDP has with KLM, Air France, and Delta.
Posted on 03/22 at 10:00 AM
NewsAir CargoAir FreightGlobal LogisticsBDP InternationalPermalink


Amid all the fanfare made yesterday with the arrival of MSC’s “mega” vessel at the Port of Oakland, industry experts remain doubtful that this signals a Transpacific trend
Posted on 03/22 at 08:15 AM
NewsOcean FreightGlobal TradeOcean CargoPermalink


Wednesday, March 21, 2012

Data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, found that both United States-bound waterborne shipments and the number of manufacturers shipping to the U.S. from January to February declined, following gains from December to January.
Posted on 03/21 at 01:50 PM
NewsGlobal LogisticsTradePanjivaPermalink


The top 25 truckload carriers enjoyed a 13.2 percent year-over-year increase in revenue in 2011, according to statistics compiled for LM by SJ Consulting. About half that increased revenue was due to rising fuel surcharges, but not all the increase can be attributed to just that.
Posted on 03/21 at 09:22 AM
NewsTruckingTruckloadRatesLess-Than-TruckloadFreight RatesPermalink


Amazon pays $775 million for Kiva. What else is there to say?
Posted on 03/21 at 07:55 AM
NewsWarehouseMaterials HandlingKiva SystemsRoboticsDistributionPermalink



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