Thursday, October 18, 2012
At this month’s Council of Supply Chain Management Professionals Annual Conference, Logistics Management Group News Editor Jeff Berman had an exclusive interview with CHRW CEO and Chairman of the Board John Wiehoff about the company’s growth and acquisition plans, how it views the future, and the current freight transportation market.
NS officials said the $97.5 million facility is part of the $2.5 billion Crescent Corridor initiative, which aims to establish an efficient, high-capacity intermodal freight rail route between the Gulf Coast and the Northeast. This facility is located on a 316-acre site in McCalla, Alabama.
Wednesday, October 17, 2012
New report from PA Consulting Group reviews the approach to green issues taken by four global manufacturing companies.
Leading off third quarter earnings results for Class I railroads, CSX last night reported net earnings of $455 million, which was down 2 percent annually and $0.44 per share, which fell short of Wall Street estimates of $0.47 and ahead of last year’s $0.43.
Tuesday, October 16, 2012
In an effort focused on addressing “supply chain issues that affect the international competitiveness,” Acting U.S. Commerce Secretary Rebecca Blank late last week announced the debut of the Advisory Committee on Supply Chain Competitiveness
The average price per gallon of diesel increased 5.6 cents to $4.15 per gallon. This is the highest price since the week of August 18, 2008, when prices were $4.207 per gallon.
Posted on 10/16 at 09:34 AM
Diesel Prices •
The United States Postal Service (USPS) recently rolled out new prices set to take effect on January 27, 2013, pending approval from the Postal Regulatory Commission.
Monday, October 15, 2012
If October comes in strong, POLA says it could reflect a "mini-surge" type of Peak Season.
Commerce reported that September retail sales at $412.9 billion were up 1.1 percent compared to August and up 5.4 percent compared to September 2011, and the NRF reported that September retail sales, which exclude autos, gas stations, and restaurants, were up 0.4 percent on a seasonally-adjusted basis from August and up 2.1 percent on an unadjusted basis annually.
The parties are making good progress on a number of difficult issues at the full committee and subcommittee levels, according to FMCS.
Posted on 10/15 at 08:39 AM