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Tuesday, February 17, 2015

Speculation first reported in Logistics Management that APL Logistics was up for sale has been confirmed. In a statement issued yesterday, Neptune Orient Lines (NOL) indicated it is spinning off the third-party arm for $1.2 billion to Japan’s Kintetsu World Express (KWE).
Posted on 02/17 at 06:24 AM
News3PLOcean FreightLogisticsPermalink

Monday, February 16, 2015

Air Cargo 2015 – the annual industry event staged in New Orleans next month – promises to yield a great deal of exclusive market intelligence, says Brandon Fried Executive Director, The Airforwarders Association.
Posted on 02/16 at 01:39 PM
NewsAir CargoSupply ChainLogisticsPermalink

Shippers and transportation intermediaries are opposing a Federal Motor Carrier Safety Administration proposal designed against putting undue pressure on truck drivers to violate hours of service and other rules.
Posted on 02/16 at 09:47 AM

Friday, February 13, 2015

At 123.8, the Freight TSI was 30.9 percent above April 2009’s low of 94.6, which was during the depths of the recession. It was slightly below November’s 123.9, which is the historic peak for the Freight TSI, according to BTS.
Posted on 02/13 at 10:44 AM

U.S. Carloads were up 4.7 percent annually at 273,648, and intermodal at 237,915 containers and trailers was down 3.3 percent.
Posted on 02/13 at 10:28 AM

Thursday, February 12, 2015

Fourth quarter and full-year 2014 results for Van Buren, Ark.-based USA Truck Inc. were strong, with the company reporting its ninth straight quarter of improved earnings results and its third straight quarter of positive operating income, along with its highest earnings per share in nine years.
Posted on 02/12 at 01:58 PM

January retail sales data issued by the United States Department of Commerce and the National Retail Federation (NRF) were mildly mixed but on similar trajectories over all.
Posted on 02/12 at 01:53 PM

LM Group News Editor Jeff Berman recently caught up with Jannine Miller, the new director of the Georgia Center of Innovation for Logistics, which is a statewide resource for fueling logistics industry growth and global competitiveness that works to address the needs and opportunities of companies of any size involved in logistics and freight transportation.
Posted on 02/12 at 10:00 AM

Wednesday, February 11, 2015

PMA members will temporarily suspend premium-pay weekend and holiday vessel operations on four upcoming dates
Posted on 02/11 at 08:40 PM
NewsLaborSeaportsWest Coast PortsILWUPermalink

Even with the months-long labor dispute between the Pacific Maritime Association and the International Longshore and Warehouse Union still in full effect, with the possibility of a full-blown West Coast port shutdown rising, the Port Tracker report from the National Retail Federation (NRF) and Hackett Associates issued today is calling for import volume growth at U.S-based container retail ports.
Posted on 02/11 at 12:20 PM
NewsPort TrackerTEUPermalink

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