All News Entries
Tuesday, November 03, 2015
Diesel prices fell for the third straight week, with the average price per gallon down 1.3 cents to $2.485 per gallon, according to the Department of Energy’s Energy Information Administration.
Posted on 11/03 at 09:33 AM
Diesel Prices •
Leading global commercial real estate services firm Colliers International Group Inc. recently issued “From First Mile to Last Mile,” a global logistics report examining the primary factors that will impact the global pattern of warehousing and logistics over the next generation, as well as the elements already shifting global trade flows and retail formats.
Monday, November 02, 2015
In the wake of a summer-long labor shortage hampering dockside operations, the Port of Oakland now maintains that its “efficiency task force” is ready to establish new benchmarks for cargo throughput.
The PMI, the ISM’s index to measure growth, was 50.1 in October, which was down 0.1 percent from September and now at its lowest level since May 2013, when it was also at 50.1. The PMI has been at 50 or higher for 33 consecutive months, with the over all economy growing for 77 months in a row. The current PMI is 1.6 percent below the 12-month average of 52.7.
Posted on 11/02 at 02:35 PM
The companies said that the acceptance period was extended because not all offer conditions, specifically, the Offer Condition relating to Competition Clearances, were fulfilled upon expiry of the initial Acceptance Period on October 30.
Posted on 11/02 at 10:57 AM
TNT NV •
FTR said that the current SCI level continues to show the “moratorium” in truckload rate growth during the summer months, adding that it is expected that market conditions will become more difficult for shippers in 2016 en route to the expected negative impact regulations are expected to have on capacity, with the regulatory crunch expected to be in full effect in 2017.
Friday, October 30, 2015
This Summit will feature presentations from highly respected Supply Chain experts.
Included in these changes are tripling the size of the facility and nearly doubling its package processing rates. And it added that this project, which is expected to cost around $300 million, is projected to be “substantially completed” by 2018. UPS also plans to add more than full- and part-time 300 jobs at this location, with recruitment kicking off in 2017.
Posted on 10/30 at 10:22 AM
Following an announcement made on September 9, when it said it planned to acquire Con-way, an Ann Arbor, Mich.-based provider of transportation and logistics services, including its flagship less-than-truckload group Con-way Freight, Con-way Truckload, and its global 3PL unit Menlo Logistics, for $3 billion, non asset-based 3PL XPO Logistics said today the deal has officially been completed.
The Department of Transportation’s (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in August dropped 8.1 percent annually to $92.4 billion.
Posted on 10/30 at 03:33 AM