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Cargo Insurance: Risk “multiples” on the rise
The World Economic Forum’s “Global Risks Report 2016” finds that supply chain vulnerability is on the rise this year. Furthermore, there’s...
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By Jeff Berman · August 14, 2014
In recent years, transportation and logistics titans UPS and FedEx have only been able to provide domestic delivery service in China on a limited basis. But a Reuters report is signaling that is changing, saying that both companies now have obtained licenses from the Chinese government to extend domestic express package services to Beijing and other Chinese cities and not have to rely on joint-venture partners to deliver packages within China.
By Jeff Berman · August 13, 2014
Commerce reported that July retail sales at $439.8 billion were flat compared to June and up 3.7 percent compared to July 2013, and NRF said that July retail sales, which exclude automobiles, gas stations, and restaurants, were up 0.1 percent annually and up 4 percent on an annual unadjusted basis.
By Jeff Berman · August 13, 2014
Commerce reported that July retail sales at $439.8 billion were flat compared to June and up 3.7 percent compared to July 2013, and NRF said that July retail sales, which exclude automobiles, gas stations, and restaurants, were up 0.1 percent annually and up 4 percent on an annual unadjusted basis.
By Jeff Berman · August 13, 2014
Coming off of a particularly strong June, freight transportation market conditions tapered off somewhat in July, according to the most recent edition of the Cass Freight Index Report from Cass Information Systems that was issued this week.
By MMH Staff · August 13, 2014
Award was created to recognize supply chain management and logistics professionals age 30 and under.
By MMH Staff · August 13, 2014
Twenty-five-year veteran of the material handling industry held previous roles at MHI member companies Unarco Material Handling and Interlake Mecalux.
By MMH Staff · August 13, 2014
The Buyer’s Guide Companion provides guidance about the proper selection of crane and hoist systems and covers various issues such as a system’s terminology and usage.
By MMH Staff · August 13, 2014
Jacobson, a leading contract logistics and transport provider in the US market, will be acquired for $750 million in cash in a deal expected to close in mid-September.
By MMH Staff · August 13, 2014
Twenty-two year veteran previously held executive roles with BoxLogix Automation, Intelligrated, FKI Logistex, Pyramid Controls and Lexis-Nexis.
By Jeff Berman · August 13, 2014
Revenue was up 6 percent compared to the first quarter at $1.978 million and down 4.2 percent annually, and adjusted EBITDA was up 40 percent compared to the first quarter at $60 million, and was down 25 percent annually. Quarterly EBITDA was lower annually, due to the company’s Freight Management group revenues being negatively affected by lower market rates.
By Edward H. Frazelle, Ph.D. · August 13, 2014
Pruning a portfolio of SKUs is hard, but the benefits far outweigh the pain.
By MMH Staff · August 12, 2014
Supported by the Michigan Business Development Program, the expansion will include an engineering center, upgrades to the existing facility and new high-speed assembly equipment.
By Jeff Berman · August 12, 2014
In echoing what has become a common refrain in recent months, the monthly Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates continues to call for increased import activity at United States-based retail container ports.
By Jeff Berman · August 12, 2014
RRTS said yesterday it has entered into a definitive merger agreement to acquire Belleville, Mich.-based Active Aero Group, a provider of ground and air expedited services through its proprietary TMS, for roughly $115 million, with the acquisition expected to close by the end of September.
By LM Staff · August 12, 2014
The average price per gallon of diesel dropped 1 cent to $3.843 per gallon, which is the lowest price since hitting $3.844 the week of November 25, 2013.

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