Tuesday, November 05, 2013
Non-manufacturing activity continued to show solid growth in October, according to the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business. The ISM’s index to measure growth—the NMI—inched up 1.0 percent to 55.4 in October.
Posted on 11/05 at 01:32 PM
The company reported third quarter revenue of $194.0 million, which is a 173.3 percent annual increase, with gross margin dollars up 251.0 percent to $34.8 million, and gross margin percentage up 400 basis points to 18.0 percent.
Posted on 11/05 at 11:39 AM
XPO Logistics •
The average price per gallon dropped 1.3 cents to $3.857 per gallon, following a 1.6 cent drop last week, no change the previous week and a 2.2 cent decline the week of October 7.
Posted on 11/05 at 10:13 AM
Diesel Prices •
CEVA described the Asia Pacific Center for Logistics Excellence as a facility focused on demonstrating real world logistics innovation through supply chain optimization and enhanced visibility, integrated services and technology solutions to power supply chain efficiency.
Posted on 11/05 at 10:01 AM
Monday, November 04, 2013
There has been no shortage of feedback from shippers and carriers regarding the new changes to the motor carrier hours-of-service regulations that the Federal Motor Carrier Safety Administration issued in July.
Posted on 11/04 at 11:00 AM
In another sign of the emerging—and potential—role of natural gas in freight transportation, , Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America, said late last month that it aims to build a Jacksonville, Fla.-based liquefied natural gas (LNG) terminal.
Aberdeen Group's Chief Supply Chain Officer (CSCO) Survey (January 2011) collected data from 191 companies of which 56 claim to have active C-level support for supply chain process/technology investments.
Research conducted in April 2013 by SCM World on managing global manufacturing footprints highlighted the growing complexity of cross-border trade. Where globalization once meant low-cost country sourcing, today it is clear that goods must move in all directions at once – east to west, north to south, rich country to poor country and back again.
According to Jones Lang LaSalle’s (JLL) first Big Box Velocity Index, demand for U.S. industrial distribution centers, larger than 300,000 square feet (known as “big box” space) is high and rising. Improving economic conditions, the continuing growth of e-commerce and a deep bench of tenants seeking space have all created this highly competitive fight for industrial and warehousing space.
Posted on 11/04 at 09:04 AM
Friday, November 01, 2013
ABF duo chosen to receive the prestigious 2013 NITL Executive of the Year Award.