Thursday, November 05, 2015
With the ink now dry from XPO Logistics’ acquisition of Con-way Inc. now dry, the company’s plan for how it plans to integrate Con-way into its plans is coming into fuller focus.
Posted on 11/05 at 11:03 AM
XPO Logistics •
Fast-growing XPO Logistics, an entity that didn’t even exist five years ago, is growing revenue at a faster pace than even the Greenwich, Conn.-based conglomerate expected on the heels of finalizing its $3 billion purchase of Con-way Inc.
In mid-September, the much anticipated final rule for electronic logging devices was pushed back one month from September 30 to October 30, according to the Report on DOT Significant Rulemakings issued by the United States Department of Transportation. But while October has now come and gone, the situation regarding the final ELD rule remains the same in that nothing has been issued. But according to a research note issued by Jason Seidl, transportation analyst at Cowen and Company, the ELD implementation rule may be issued by mid-November.
Posted on 11/05 at 08:28 AM
Wednesday, November 04, 2015
If logistics managers needed any more proof that ocean container lines are “on the ropes,” the latest move by Maersk demonstrates just how dire their situation has become.
While the pairing of trucking and freight railroad are key ingredients in the recipe for intermodal success, especially on the domestic intermodal side, they are also ingredients that clearly do not mix well at all when it comes to the ongoing debate between the two modes regarding increasing truck size and weight.
Posted on 11/04 at 01:18 PM
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 59.1 in October (a level of 50 or higher indicates growth), up 2.2 percent over September’s 56.9 and down 1.2 percent compared to July’s 60.3, which is its highest reading since January 2008.
Posted on 11/04 at 11:57 AM
While third quarter transportation and logistics merger and acquisition (M&A) activity saw a decline, year-to-date deal making matched up well with recent years as deal value for the first nine months of 2015 hit its highest level going back to 2006, according to data issued in the Intersections report by PwC this week.
Posted on 11/04 at 09:53 AM
International ocean service has been in a constant state of flux since the recession in 2007 and significant changes have occurred with inland transportation. Join us for this webcast and gain insights on the key questions about ocean freight and inland movement of cargo.
Global express delivery and logistics services provider DHL said this week it has opened up a new $1.5 million Herndon, Va.-based service center, which will serve the Dulles Corridor section of Northern Virginia.
Posted on 11/04 at 02:02 AM
Tuesday, November 03, 2015
The National Customs Brokers & Forwarders Association of America, Inc. is urging "caution" as two new important regulatory deadlines approach early next year.