Friday, September 02, 2011
Non asset-based third-party logistics services provider Road Runner Transportation Services (RRTS) said it has officially closed its acquisition of the outstanding stock of Prime Logistics Corporation for roughly $97.5 million.
Carload volume—299,943—was down 0.8 percent annually and was down compared to 300,521 during the week of August 20.
As more attention is being paid to the “volatility” in the supply chain, many shippers are reassessing their global sourcing and distribution strategies. Will multinationals retreat to a hemispheric near-shoring model, or opt for a hybrid that still has an international component?
Posted on 09/02 at 07:54 AM
Global Trade •
Thursday, September 01, 2011
20th Annual study of logistics and Transportation Trends (Masters of Logistics).
Our annual study identifies three specific areas of logistics and transportation management that could yield disastrous results if not addressed. In 2011, those who accept the status quo may not be heard from for years to come.
While industry analysts slightly differ on who belongs on the “Top 25” list this year, all agree that the most dynamic freight forwarders are only going to get bigger and smarter as the global marketplace becomes more complex.
Freight traffic in Europe is steadily growing, and most of its ports, air carriers, and third party logistics providers are making investments in infrastructure and networks to cope with today’s new challenges and increase their safety and environmental standards.
By continually working to expand its 3PL relationship, this fast-growing manufacturer has been able to concentrate on the bigger picture—expanding into new markets, launching new products, gaining efficiencies in its operations, and reducing manufacturing and labor costs.
The nebulous term gets thrown around quite a bit in logistics and supply chain circles, but what does it mean, how is it achieved, and what benefit does it bring to your logistics operations?
Labor savings within the four walls of the warehouse/DC is no longer the primary driver behind choosing a highly automated system. Today, materials handling automation solutions represent a broader supply chain play that improves inventory replenishment, advances piece picking, and cuts transportation costs.
While manufacturing may be experiencing a bit of a slowdown, the overall numbers in the August edition of the Institute for Supply Management’s Manufacturing (ISM) Report on Business still point to growth.