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Monday, March 09, 2015

The purchase price is $125 million and is subject to an adjustment for working capital, according to Forward officials.
Posted on 03/09 at 01:24 PM
NewsForward AirPermalink


The company said that its customers can now ship biological substances, dangerous goods in excepted quantities, and shipments utilizing dry ice via UPS to more than 20 additional international destinations.
Posted on 03/09 at 12:32 PM
NewsUPSPermalink


In the most recent edition of its quarterly report, entitled Intersections, consultancy PwC noted that fourth quarter merger and acquisition activity within the transportation and logistics sector was steady overall, while full-year deal making activity in 2014 was on the slower side as it was near a ten-year low.
Posted on 03/09 at 11:31 AM
NewsPwCPermalink


Friday, March 06, 2015

Largely feeling the effects of the recently resolved West Coast ports labor disruption, railroad and intermodal volumes in February were down annually, according to data released by the Association of American Railroads (AAR) this week.
Posted on 03/06 at 09:58 AM
NewsAARPermalink


The year 2015 marks a major milestone for the industry, MHI is celebrating its 70th anniversary at ProMat 2015, held March 23-26, 2015.
Posted on 03/06 at 09:01 AM
NewsPermalink


While the Federal Motor Carrier Safety Administration has made strides in regards to better oversight of motor carriers through its Compliance, Safety, Accountability (CSA) and chameleon vetting safety programs, there is room for improvement for it to improve its oversight to better target high-risk carriers. That was the thesis of a report released this week by the United States General Accountability Office
Posted on 03/06 at 08:50 AM
NewsPermalink


Thursday, March 05, 2015

With an eye on capitalizing on future trade and commerce growth in South Asia, express delivery and logistics services provider DHL today rolled out its plans to build an $85 million EUR ($93 million USD) DHL Express South Asia Hub, which will be a 24-hour express hub facility within the Changi Airfreight Center at the Singapore Changi Airport.
Posted on 03/05 at 12:10 PM
NewsDHLglobal logisticsPermalink


While the Federal Railroad Administration (FRA) has long stated its goal of having Positive Train Control (PTC) technology installed on 40 percent of its network by December 31, 2015, railroad industry stakeholders have repeatedly stated that reaching that deadline would be a stretch. It now appears that the railroad sector has some members of Congress sharing the same line of thought with legislation rolled out this week that pledges to extend the PTC deadline to 2020.
Posted on 03/05 at 10:42 AM
NewsAARPositive Train ControlPermalink


Wednesday, March 04, 2015

Transportation stakeholders reliant on North Carolina’s major seaports are welcoming news this week, which outlines plans to enhance the intermodal and cold chain network in the region.
Posted on 03/04 at 05:01 PM
NewsPortsIntermodalLogisticsPermalink


The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.9 in February, which was 0.2 percent ahead of January and also 0.1 percent ahead of the 12-month average of 56.8. Economic activity in the non-manufacturing sector has grown for the last 61 months, according to ISM.
Posted on 03/04 at 01:49 PM
NewsPermalink



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