All News Entries
Wednesday, June 18, 2014
Quarterly net income of $730 million was up 42 percent annually, and revenue, at $11.8 billion, was up 3 percent. Operating income at 1.18 billion was up 136 percent.
Posted on 06/18 at 09:28 AM
Seasonally-adjusted (SA) for-hire truck tonnage in May rose 1.0 percent, and compared to a year ago, the May SA was up 3.4 percent for its second-highest annual gain of 2014.
Posted on 06/18 at 07:38 AM
Tuesday, June 17, 2014
University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration.University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration.
Port productivity (or lack thereof) is becoming a key issue in the current negotiations for a new labor contract covering nearly 20,000 dockworkers.
Posted on 06/17 at 10:24 AM
Following the lead of its chief competitor, FedEx, Atlanta-based transportation and logistics bellwether UPS today said that effective December 29, it will also adopt dimensional pricing in the United States. Company officials said that dimensional weight will be used to calculate the billable weight of a shipment on all UPS Ground services and UPS Standard to Canada packages.
The highly anticipated 2013 "State of Logistics" report, compiled by analyst Rosalyn Wilson and presented by Penske and the Council of Supply Chain Management Professionals (CSCMP), describes last year’s logistics environment as uneven. After a slow start to 2013, mid-year shipments were strong before a very deep dive at the end of the year with not much movement in freight rates across the modes.
At $3.882 per gallon, diesel dropped 1 cent from last week. Diesel prices have dipped in 12 of the last 14 weeks since hitting the 2014 year-to-date high of $4.021 reached during the week of March 10.
Posted on 06/17 at 08:14 AM
Diesel Prices •
Monday, June 16, 2014
“Powerful global and national trends that are out of your (and our) control are beginning to determine how much import and export cargo will flow through West Coast ports,” says AgTC.
DAT reported that May marks the 11th straight month to see an annual record high for spot market freight volume, with its DAT Freight Index in May seeing a 40 percent annual increase.
Posted on 06/16 at 12:51 PM
spot market •
Global third-party logistics (3PL) services provider Yusen Logistics recently announced it has expanded its U.S.-Mexico cross-border services in an effort to address what it described as a growing need for reliable logistics services to and from Mexico.