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By Jeff Berman · April 4, 2013
CEVA said that through these efforts—and upon completion of the recapitalization—the company will reduce its consolidated net debt by more than $1.5 billion ($1.2 billion euros) and its annual cash interest expense by more than $173 million ($135 million euros) and also receive a capital infusion of a minimum of $264 million ($205 million euros) for investment in its business plan.
By Josh Bond · April 4, 2013
Approximately 94% of equipment finance industry professionals believe the business conditions will improve or remain the same in the next four months, according to the results of a recent survey.
By Josh Bond · April 4, 2013
Nissan Forklift Corporation, North America announced that it has joined forces with TCM America under a new name, UniCarriers Americas Corporation effective April 1.
By Patrick Burnson · April 3, 2013
Transpacific container shipping lines say a combination of leading market indicators and forward bookings suggest the beginnings of a gradual upturn in cargo volumes. As a consequence, general rate increases (GRIs) appear to be taking hold this month.
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By Charlie Tanner · April 3, 2013
Motorola's digital two-way radios are the ideal way to reach drivers any time and know where they are all the time. You get the same push-to-talk services at a lower cost and the flexibility to choose the right radio for each driver.
By Jeff Berman · April 3, 2013
Coming off of a month which saw its highest reading in a year, non-manufacturing activity in March still showed positive signs, according to data released today by the Institute for Supply Management (ISM).
By Jeff Berman · April 3, 2013
According to a Washington Post report, “CBP has postponed the elimination of furloughs to its employees and the elimination of overtime,” which came as a result of the Consolidated and Further Continuing Appropriations Act, 2013, which was signed into law last week.
By Jeff Berman · April 3, 2013
Vast and sustained economic issues in Europe continue to plague growth, and the situation does not appear to show any meaningful signs of abating, according to the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics
By Patrick Burnson · April 2, 2013
The International Air Transport Association (IATA) released February data showing that air cargo maintained the modest improvement in demand that began in the fourth quarter of 2012.
By Jeff Berman · April 2, 2013
Having something to base a wide amount of criteria in the 3PL sector can be challenging for shippers. The Gartner Group’s recent release of its Magic Quadrant for Global Third-Party Logistics Providers aims to help alleviate some of those challenges, which can help shippers to better understand 3PLs and their capabilities when evaluating and selecting a set of providers to meet their needs, according to Gartner.
By Jeff Berman · April 2, 2013
A few weeks shy of their respective first quarter earnings announcements East Coast-based Class I railroads Norfolk Southern and CSX are feeling pretty good about their businesses.
By Jeff Berman · April 2, 2013
The average price per gallon fell 1.3 cents to $3.993, according to the EIA.
By Patrick Burnson · April 1, 2013
Our 2013 survey finds that the highest salaries in logistics and supply chain management will be earned by those sticking to time-honored values: education, hard work, and company loyalty.
By John D. Schulz · April 1, 2013
Despite the related costs and increasing complexity, private fleets enable operators to control their own destiny at a time when the trucking market is bracing for yet another capacity crunch.
By Bridget McCrea · April 1, 2013
An increasing number of logistics managers are using labor management systems (LMS) to monitor productivity, identify bottlenecks, and optimize the workforce both inside and outside the distribution center. Here’s how they’re getting it done.

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