Thursday, November 21, 2013
Financially ailing YRC Corp., parent of the second-largest group of LTL carriers, is asking its 26,000 Teamsters employees to continue working at a 15 percent wage reduction and benefits cuts through 2018 in a labor proposal company officials have describe as vital to the future of the 87-year-old company.
Posted on 11/21 at 11:11 AM
YRC Worldwide •
Wednesday, November 20, 2013
Commerce reported that October retail sales at $428.1 billion were up 0.4 percent compared to September and up 3.9 percent compared to October 2012, and the NRF reported that October retail sales, which exclude autos, gas stations, and restaurants, were up 2.5 percent on a seasonally-adjusted basis from September and were up 4.2 percent on an unadjusted basis annually.
Amid a still topsy-turvy economic outlook truck tonnage volumes appear to holding up pretty well, according to data released by the American Trucking Associations (ATA) earlier this week.
EIA reported that the price per gallon for diesel dropped 1 cent to $3.822 per gallon, marking the fourth straight week prices have fallen
Posted on 11/20 at 10:56 AM
Diesel Prices •
E2open joins many leading, global businesses that have earned the prestigious ISO 27001 certification, including Amazon, Microsoft, and Salesforce.com
Tuesday, November 19, 2013
It is not a secret that high-tech supply chains are among the most fluid and complicated as they are faced with myriad challenges in getting their goods from production to purchase. These challenges and ways in which high-tech logistics executives address them were front and center in the fourth annual global UPS Change in the (Supply) Chain survey released today by UPS.
Saturday, November 16, 2013
Houston is the tenth-largest port in the world by volume, and is playing an increasingly important role in America’s rebirth as a producer of energy-related exports
Friday, November 15, 2013
Non asset-based 3PL XPO Logistics said today it has brought Atlanta-based Optima Service Solutions LLC into the fold for $26.6 million.
Posted on 11/15 at 10:44 AM
XPO Logistics •
The Netherlands-based company said today that CEO Marv Schlanger will retire on January 2, 2014 and will be replaced by Xavier Urbain, a former executive at Kuehne+Nagel.
Posted on 11/15 at 09:22 AM
Global Logistics •
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased 0.8 percent from August to September. This is the third straight month the Freight TSI has gone up.