Friday, December 17, 2010
An executive summary of industry news
The U.S. Chamber of Commerce has praised the administration’s efforts to deliver meaningful outcomes for American business at the bilateral dialogue to promote U.S.-China commercial relations
Thursday, December 16, 2010
FedEx announced today it has signed an agreement to acquire Mexico-based domestic express package delivery company MultiPack.
Posted on 12/16 at 01:54 PM
While it is clearly too early to put a number on it, more than one person has told me in the last year that available trucking capacity is heading down, due to three letters: CSA.
Posted on 12/16 at 01:12 PM
A combination of factors led to net income for the fiscal second quarter at FedEx to drop 18 percent to $283 million, according to the company’s earnings announcement today.
Wednesday, December 15, 2010
In the continuing story surrounding the Panama Canal expansion, The North Carolina State Ports Authority appears to writing the latest chapter
The case for heavier trucks received good news in Washington, D.C. this week, with Senator Susan Collins (R-Maine) stating that the Senate Appropriations Committee, on which she serves as a member, support a one-year extension of a pilot program that exempts Maine’s federal highways from the 80,000 pound federal truck weight limit.
Import cargo volumes at U.S.-based retail container ports are expected to see gains on an annual basis in December and for all of 2010, according to the most recent Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
The World Trade Organization ruled this week that the United States acted within its rights when it raised import taxes on Chinese tires by as much as 35 percent. Not all supply chain experts here approve.
National less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) said it has opened up a new service center in Casper, Wyoming in an effort to better serve shippers in this area.