All News Entries
Monday, March 12, 2012
Container freight rates in the westbound Asia-Europe corridor increased by 114 percent this week
When the price per gallon of diesel was closer to $5 per gallon and oil barrel prices were nearly touching $150 during the summer of 2008, much was made about the possibility of North American shippers moving manufacturing operations closer to home, also known as nearshoring.
Friday, March 09, 2012
With a close eye on regaining North American market share, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said yesterday it has sold its interest in Shanghai Jiayu Logistics Co. Ltd. to its 35 percent joint venture partner.
Posted on 03/09 at 11:57 AM
YRC Worldwide •
YRC Freight •
February carloads—at 1,410,992—were down 1.9 percent annually. And intermodal—at 1,122,458 trailers and containers—was up 2.4 percent compared to February 2011.
Thursday, March 08, 2012
This week the USPS publicly released updates to its cost-cutting plan, which include new financial projections and suggestions for legislative reforms, too.
Posted on 03/08 at 02:38 PM
As the economy continues to gradually show signs of improvement, retail-based shippers are being proactive in shifting from cost-cutting to growth. That was one of the main findings of the Third Annual State of the Retail Supply Chain report by The Retail Industry Leaders Association (RILA) and Auburn University.
Wednesday, March 07, 2012
LM Group News Editor Jeff Berman recently spoke with CEVA CEO John Pattullo about the company’s first half performance and other industry-related items.
The man is charge of the government’s transportation security says there are “significant” economic benefits to strengthening the nation’s transport network from another terrorist attack.
A Wall Street Journal report said that talks focusing on UPS trying to acquire the express business of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator “have slowed” due to various issues.
Tuesday, March 06, 2012
Measuring performance of carriers, shippers and trading partners across the ocean supply chain is integral to improving and optimizing workflow, yet it remains a key challenge due to the lack of a common set of data