Friday, May 06, 2011
In keeping with its aggressive march in global forwarding, Crane Worldwide Logistics has reached another milestone, reports Kewill, a major software provider.
Carload volume—at 295,347—was flat on an annual basis, and intermodal volumes for the week ending April 30 at 229,677 trailers and containers were up 7.8 percent year-over-year.
Thursday, May 05, 2011
First quarter earnings for Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, saw total revenue-at $129.4 million-increase by 45.3 percent compared to the first quarter of 2010.
ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said this week that a preliminary reading of heavy-duty Class 8 commercial vehicles net orders for North American markets hit 32,800 units in April.
FedEx subsidiary FedEx Trade Networks, the company's global trade arm, said this week that it is continuing its global expansion efforts with the opening of five new offices in its Europe, Middle East, and Africa (EMEA) region.
As we noted in a recent news story, Americans are significantly more concerned about nearly all aspects of their supply chain security compared to six months ago. This includes the threat posed by WikiLeaks.
The Dedham, Mass.-based firm said that the TMS market has "bounced back" after the global recession, growing faster than the rate of inflation in 2010, with significant growth forecasted through 2015.
Americans are significantly more concerned about nearly all aspects of their security compared to six months ago, according to new research conducted by Unisys Corporation.
Wednesday, May 04, 2011
Like its companion report, which focuses on manufacturing, the Institute for Supply Management's (ISM) Non-Manufacturing Report on Business showed positive growth for the 17th straight month in April. The ISM’s index for measuring the sector’s overall health—known as the NMI—was 52.8 in April, 4.5 percentage points lower than March's 57.3. Even with the sequential decline, a reading above 50 represents growth.
Posted on 05/04 at 12:19 PM
The Senate Commerce Committee announced today that it will hold a hearing on Tuesday, May 10 to review the Transportation Worker Identification Credential (TWIC) program. The hearing is entitled "Are our Nation's Ports Secure? Examining the Transportation Worker Identification Credential Program."
Posted on 05/04 at 10:32 AM