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Tuesday, May 03, 2011

Nearly four months after global industrial real estate bellwethers ProLogis and AMB Property Corporation announced they signed a definitive agreement to pave the way for a merger, ProLogis officials said that the company has scheduled a special meeting of its shareholders to consider and vote upon the merger.

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 11.8 percent in February 2011 compared to February 2010 increasing to $66.5 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
Posted on 05/03 at 09:49 AM
NewsTruckingDOTBureau of Transportation StatisticsGlobal InsightsPermalink


A week ago, prices fell 0.7 cents to $4.098 per gallon, and the previous week the average price was up 2.7 cents per gallon. When diesel hit $4.078 per gallon the week of April 11, it marked the first time diesel has been above the $4 per gallon mark since the week of September 15, 2008, when it hit $4.023.
Posted on 05/03 at 08:41 AM
NewsPermalink


As noted in a recent LM news story, the expected advantages to be gained from near-shoring from Mexico are lower freight costs, improved speed-to-market times, lower inventory costs...and risk mitigation.
Posted on 05/03 at 08:07 AM
BlogsGlobal LogisticsGlobal TradeSupply ChainPermalink


Highlighting geographical proximity and improvements in transportation services, 63 percent of senior executives chose Mexico as the most attractive locale for re-sourcing manufacturing operations closer to the U.S. market, compared with just 19 percent who would re-source to the United States
Posted on 05/03 at 07:53 AM
NewsGlobal LogisticsGlobal TradeSupply ChainPermalink


Monday, May 02, 2011

Company officials said the $105 million facility is part of the $2.5 billion Crescent Corridor initiative. It is expected to be open in late 2012 and will be built on 380 acres. It is expected to create 6,200 jobs in the Memphis region over the next ten years and is expected to handle 327,000 containers and trailers annually.
Posted on 05/02 at 03:50 PM
NewsSupply Chain ManagementIntermodalLogisticsRailroad ShippingNorfolk SouthernPermalink


While consumer spending is dragging somewhat due to increasing fuel prices, manufacturing growth shows no sign of stalling out based on data released today by the Institute for Supply Management (ISM).

YRC Worldwide, the financially ailing second-largest less-than-truckload (LTL) company which has lost in excess of $2.7 billion the last four years, says it has reached another “milestone” in its long-awaited restructuring plan now scheduled for completion in July.
Posted on 05/02 at 10:12 AM
NewsTruckingTransportationLTLYRC WorldwidePermalink


The company has released JDA Transportation & Logistics Management 6.3.4, which company officials said is the “second phase” of its post i2 acquisition transportation and logistics product roadmap integration plan rolled out in April 2010.
Posted on 05/02 at 09:16 AM
News3PLTMSTruckingJDA SoftwareLogisticsLogistics TechnologyParcelPermalink


Small and mid-sized companies must take aggressive steps to lock in capacity or risk losing market share
Posted on 05/02 at 08:34 AM
WhitepaperFreightPLS Logistics ServicesPermalink



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