Friday, June 24, 2011
In an effort to combat high oil prices causes by geopolitical issues in the Middle East, the White House and the United States Department of Energy (DOE) said this week that the U.S. and partner nations in the International Energy Agency will release 60 million barrels of oil.
Thursday, June 23, 2011
In its fourth quarter earnings report, Fedex explained its 6 percent y-t-d improvement on strong yield improvement in all transportation segments, as well as volume growth of ground and international express shipments.
Those less-than-truckload (LTL shippers) yearning for an optimistic sign from YRC Worldwide’s four-year bout with bankruptcy and cessation may get a ray of hope from the LTL giant’s resumption of partial payments to its Teamsters’ pension plans after a 23-month hiatus.
Wednesday, June 22, 2011
Outsourcing is often perceived as dangerous by companies that have never outsourced. Establishing a strong, respectful 3PL relationship takes the fear out of outsourcing.
Truck driver shortages, a persistent dilemma for shippers seeking adequate capacity, are back.
Tuesday, June 21, 2011
Earlier this month, an investment group led by Bradley S. Jacobs, an entrepreneur and founder and owner of Jacobs Private Equity LLC, and Express-1 Expedited Solutions, a non-asset-based third party logistics (3PL) transportation services provider, said they have entered into an agreement in which Jacobs and a group of co-investors will invest up to $150 million in cash in Express-1.
and Supply Chain Management Review
are joining forces on this virtual conference designed to help companies succeed in the global marketplace. We have put together a great series of educational sessions and top-notch speakers to address critical topics like how to work more effectively with your global 3PL providers and how to accurately track shipments through the supply chain pipeline.
The cornerstone of America’s tech industry is forecasting increased global sales, and touting pro-business policies for lasting economic recovery
A pretty big relationship between global third-party logistics (3PL) services provider CEVA Logistics and freight transportation and logistics services provider Ryder got even bigger with week, with the companies announcing that CEVA has added more than 1,000 full service lease trailers from Ryder.
On the heels of the first weekly increase since the week of May 2, when the price per gallon of diesel hit $4.124, the average price per gallon dipped 0.4 cents to $3.95 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).