All News Entries
Monday, March 03, 2014
More than a third of manufacturing firms in the small and midsized business (SMB) sector expect the economy to strengthen in the coming six months, while nearly half expect it to remain the same, according to the results of the second annual Sage Manufacturing Survey announced by Sage North America.
The PMI, the index used by the ISM to measure manufacturing activity, increased 1.9 percent to 53.2 in February.
Posted on 03/03 at 01:53 PM
FedEx Freight, the less-than-truckload (LTL) subsidiary of transportation and logistics bellwether FedEx, announced today that it will implement a General Rate Increase (GRI) of 3.9 percent for non-contractual freight, effective March 31.
Posted on 03/03 at 11:38 AM
FedEx Freight •
CEVA said the new location, which has three times the capacity of its previous location there and based at the Parque Sur Industrial Park, is comprised of 4,400 square-meters, with capacity for 7,000 pallet positions, 10 meters of free height, and is in close proximity to the Panama Tocumen Airport as well as major highways.
Posted on 03/03 at 09:50 AM
Global Logistics •
Friday, February 28, 2014
Panjiva reported that U.S.-bound waterborne shipments in January—at 1,169,741—were up 9 percent year-over-year and up 7 percent from December to January. And the number of global manufacturers shipping to the U.S in January—at 165,531—was up 3 percent annually and up 1 percent from December to January,
Posted on 02/28 at 11:19 AM
Global Trade •
With January behind us, we’re only one month into the new year. Yet, it seems as if so much has changed since last fall. The industry is a little topsy-turvy and much of that is the result of the 2013 holiday season, which was marked by inadequate planning and a failure of order fulfillment processes to deliver on customer service promises.
Three months of mediocre growth regarding the market environment for shippers came to a halt in December, based on the most recent edition of the Shipper Conditions Index (SCI) from freight transportation consultancy FTR.
Posted on 02/28 at 09:20 AM
FTR Associates •
Carloads—at 281,678—were up 3.1 percent compared to the same week a year ago, and intermodal was up 6.4 percent annually at 253,358 containers and trailers.
Posted on 02/28 at 01:47 AM
Thursday, February 27, 2014
In a year that was replete with labor-related and financing issues, less-than-truckload (LTL) transportation services provider YRC Worldwide reported relatively solid earnings for the fourth quarter and 2013 year-end.
Posted on 02/27 at 12:00 PM
YRC Worldwide •
YRC Freight •
In a speech at the Union Depot train station in St. Paul, Minnesota yesterday, President Barack Obama again called for increased investment in transportation infrastructure as a way to spur job creation and repairing and modernizing the nation’s roads, bridges, railways, and transit systems.