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Thursday, December 15, 2011

Following an early October prediction of 2011 holiday sales rising 2.8 percent to $465.6 billion, the NRF is now calling for 2011 to be up 3.8 percent to $469.1 billion. Holiday sales—as defined by the NRF—are sales in the months of November and December.

This industry-wide event, called “Stand Up For Trucking,” will bring together scores of transportation executives and key stakeholders in trucking to let their voices be heard so that their Congressional and Senate representatives understand that trucking is a vital national asset that contributes to the well-being of this country.
Posted on 12/15 at 12:34 PM
NewsTruckingAmerican Trucking AssociationsNASSTRACPermalink


During its fiscal second quarter earnings announcement today, FedEx announced it has inked a deal with The Boeing Company to modernize its FedEx Express aircraft fleet.
Posted on 12/15 at 12:15 PM
NewsAir FreightAir CargoFedExPermalink


Driven by a continued focus on yield management, FedEx reported today that fiscal 2012 second quarter net income at $497 million was up 76 percent annually. The company’s quarterly revenue of $10.59 billion was up 10 percent from last year’s $9.63 billion.
Posted on 12/15 at 10:51 AM
NewsFedExB2BPermalink


Wednesday, December 14, 2011

An alliance agreement between INTTRA – a multi-carrier e-commerce platform for the ocean shipping industry – and Kewill was announced today.
Posted on 12/14 at 05:06 PM
NewsOcean FreightOcean CargoForwardingPermalink


The Department of Transportation’s Bureau of Transportation Statistics reported today that its Freight Transportation Services Index (TSI) dropped 0.2 percent from September to October.

The United States Postal Service said yesterday that it has agreed to delay the closing or consolidation of any Post Office or mail processing facility until May 15, 2012.
Posted on 12/14 at 11:10 AM
NewsUSPSParcelPermalink


Shifts in inventory management by retailers appear to have made an impact on import cargo volumes at major United States-based container ports, according to the monthly Port Tracker report by the National Retail Federation and Hackett Associates.
Posted on 12/14 at 10:38 AM
NewsOcean FreightPort TrackerInventoryInventory ManagementOcean ShippingTEUHackett AssociatesPermalink


Tuesday, December 13, 2011

Logistics Management regrets to report that Patrick Quinn, co-chairman and president of truckload and full-service freight transportation provider U.S. Xpress Enterprises Inc. has passed away from brain cancer. He was 65.
Posted on 12/13 at 03:39 PM
NewsTruckingU.S. Xpress EnterprisesU.S. XpressPermalink


With the economy showing some slight signs of growth, the Ceridian-UCLA Pulse of Commerce Index (PCI) was up for the second straight month in November, with a 0.1 percent gain on the heels of October’s 1.1 percent rise.


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