Tuesday, October 23, 2012
Third quarter revenue for transportation and parcel giant UPS was basically flat, falling 0.7 percent to $13.07 billion, with operating profit down 54 percent at $766 million. Earnings per share at $1.06 were flat compared to last year’s $1.09 per share and were in line with Wall Street estimates of $1.06 per share.
Posted on 10/23 at 09:15 AM
A stand-alone portable power package (PPP) provides quiet, cordless AC power for as long as 12+ hours at a time.
Monday, October 22, 2012
The trucking industry faces a dual threat of a looming people shortage and a surfeit of regulations that affect profitability and will result in continued consolidation in the industry, according to Steve O’Kane, president of A. Duie Pyle.
Posted on 10/22 at 10:34 AM
A. Duie Pyle •
The nation faces a demographic crisis that is creating a drastic need to reform retiree and health care entitlements that is affecting the nation’s financial health, a top business lobbyist is predicting.
The latest chapter regarding UPS’s planned $6.28 billion acquisition of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, came late last week in the form of a Statement of Objections (SO) from the European Commission.
Posted on 10/22 at 09:42 AM
TNT NV •
TNT Express •
Saturday, October 20, 2012
Department of Commerce Secretary Rebecca Blank recently selected Brandon Fried of the Washington D.C.-based Airforwarders Association to the newly formed U.S. Advisory Committee on Supply Chain Competitiveness.
Posted on 10/20 at 05:03 PM
Air Cargo •
Air Freight •
Friday, October 19, 2012
The recent news pertaining to the United States Commerce Department’s Advisory Committee on Supply Chain Competitiveness is clearly a positive one for all supply chain stakeholders.
Carload volume—at 285,089—was down 6.1 percent compared to the same week a year ago, and intermodal volumes—at 250,826 trailers and containers—were up 2.6 percent annually.
Posted on 10/19 at 09:32 AM
Some shippers are using Matson’s China service as an alternative to air freight, clearly an option that delivers significant value for their supply chains.
Posted on 10/19 at 08:56 AM
Ocean Freight •
Miami-Dade County announced that the contracting phase of its project to deepen the Port of Miami’s channel to minus 50 feet has begun