All News Entries
Tuesday, March 25, 2014
The Department of Transportation’s Surface Transportation Board’s (STB) public hearing “Petition for rulemaking to adopt revised competitive switching rules” kicked off today after being cancelled last fall due to the federal government shutdown.
Posted on 03/25 at 11:43 AM
The average price per gallon fell 1.5 cents to $3.988, following a 1.8 cent decline to $4.003 last week.
Posted on 03/25 at 10:34 AM
Diesel Prices •
Menlo Logistics, the global logistics and supply chain management unit of Con-way Inc. is now looking to develop its business at the 8,500 square meter facility still further.
$200 million investment in European logistics center poised for further trade and export growth
Monday, March 24, 2014
Modex 2014 is a done deal. All thoughts now turn to Chicago and ProMat 2015. Well, maybe not all thoughts. Here’s a few impressions I took away from the trip to Atlanta last week.
Detroit-based Locqus is a free service that helps businesses manage sales, jobs, billing, and employees in the field. The start-up company is pitching itself to private fleets and others to enable those companies to automatically share real-time updates to scheduled appointments while in transit to a job.
Posted on 03/24 at 11:20 AM
Private Fleets •
The freight brokerage market has another behemoth in the mix, with the recently announced definitive merger agreement of two non asset-based third-party logistics (3PL) service providers Chicago-based Coyote Logistics and Access America Transport (AAT), which is out of Chattanooga, Tenn.
Posted on 03/24 at 08:54 AM
Friday, March 21, 2014
Cloud-based global trade management technology provider Amber Road (formerly known as Management Dynamics) announced the pricing of its initial public offering (IPO) of 7,391,565 shares of its common stock at $13 per share.
Carloads—at 289,375—were up 3.1 percent annually, and intermodal was up 11.9 percent at 255,991 containers and trailers.
Posted on 03/21 at 08:28 AM
Thursday, March 20, 2014
Seasonally-adjusted (SA) truck tonnage in February rose 2.8 percent, following a 4.5 percent decline in January. Compared to a year ago, the February SA was up 3.6 percent and on a year-to-date basis SA tonnage is up 2.3 percent.
Posted on 03/20 at 12:46 PM