Wednesday, June 06, 2012
The tenuous economic situation in Europe is having a more significant impact than previous estimates suggested, according to the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, said it has acquired Purple Plum Logistics LLC, a Wakefield, Mass.-based truckload transportation brokerage.
Tuesday, June 05, 2012
With stalled new job growth and stagnant increases in worker compensation, one might assume that organized labor would welcome contract extensions at one of our nation’s largest seaports. But we are talking about Oakland
Freight shipments and expenditures both saw gains on a sequential and annual level, according to the most recent edition of the Cass Freight Index Report from Cass Information Systems.
Non-manufacturing activity in May turned in a decent performance, snapping a two-month streak of sequential declines, according to the May edition of the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business.
Company officials said that the majority of these aircraft are currently parked and not in revenue service, adding that it will take a non-cash impairment charge of $134 million, which is $84 million net of tax and recorded in the fiscal fourth quarter of 2012.
Posted on 06/05 at 10:32 AM
Air Cargo •
Air Freight •
The company announced this week it has acquired all of the outstanding capital stock of CTW Transport, a Peabody, Mass.-based truckload carrier specializing in refrigerated food products.
These predictions will affect most logistics organizations, however, the impact will depend on how prepared they are to adapt to these events, analysts said.
Monday, June 04, 2012
Beyond the grocery aisle, a complex, and often costly and inefficient supply chain interconnects food manufacturers and grocery retailers.