All News Entries
Thursday, March 27, 2014
Toronto-based less-than-truckload (LTL) carrier and transportation services provider Vitran Corporation has officially been acquired by TransForce, a provider of transportation and logistics services for $6.50 per share.
Posted on 03/27 at 11:06 AM
Vitran Corporation •
The Ann Arbor, Michigan-based carrier said earlier this month that effective March 31 a 5.4 percent GRI will take effect.
Posted on 03/27 at 09:50 AM
Con-way Freight •
A study recently released by GT Nexus, a provider of cloud-based network services for global trade and supply chain management, in conjunction with Supply Chain Insights makes the case that ERP systems may be coming up short, when it comes to providing supply chain visibility for shippers.
Wednesday, March 26, 2014
The P3 Network vessel-sharing agreement, whose objective is to give ocean carrier heavyweights Maersk, MSC, and CMA CGM the ability to discuss and agree on the size, number and operational characteristics of vessels to be operated on transatlantic and transpacific trade lanes between the U.S. and Asia, North Europe and the Mediterranean, was given the green light by the Federal Maritime Commission (FMC) earlier this month.
Tuesday, March 25, 2014
As noted in today’s news section, airports with new infrastructure and access to population centers will remain dominant in the air cargo arena.
Top U.S. airports are engaged in a fight for a larger share of the challenged U.S. air cargo market, according to JLL’s annual Airport Outlook Report.
The Department of Transportation’s Surface Transportation Board’s (STB) public hearing “Petition for rulemaking to adopt revised competitive switching rules” kicked off today after being cancelled last fall due to the federal government shutdown.
Posted on 03/25 at 11:43 AM
The average price per gallon fell 1.5 cents to $3.988, following a 1.8 cent decline to $4.003 last week.
Posted on 03/25 at 10:34 AM
Diesel Prices •
Menlo Logistics, the global logistics and supply chain management unit of Con-way Inc. is now looking to develop its business at the 8,500 square meter facility still further.
$200 million investment in European logistics center poised for further trade and export growth