Wednesday, May 22, 2013
Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.
Posted on 05/22 at 01:01 PM
Retailers and solution providers are once again talking about the Internet of Things.
Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently announced that through a partnership with Export to China (ETCN) it is the first company to make Chinese trade data accessible in searchable company profiles.
Posted on 05/22 at 10:40 AM
Global Trade •
Tuesday, May 21, 2013
The pattern of uneven monthly truck volumes continued into April, according to data released today by the American Trucking Associations (ATA).
Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said today that its network optimization plan for YRC Freight, its largest subsidiary, has officially commenced.
Posted on 05/21 at 11:50 AM
YRC Freight •
Last week, FedEx Freight held the grand opening of its new multi-million dollar Vancouver, British Columbia service center, which it said will connect the Western Canada LTL sector and customers through north-south, east-west and global shipping lanes.
Posted on 05/21 at 10:44 AM
FedEx Freight •
Diesel prices headed up for the second straight week, following ten consecutive weeks of declines, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 05/21 at 10:06 AM
Diesel Prices •
The Teamsters Freight Division last night said that leaders from about 160 union local unions representing ABF approved the tentative master contract, with the next step in the process being a vote by ABF’s 7,500 union drivers, dockworkers, mechanics, and clerical staffers.
Posted on 05/21 at 09:23 AM
ABF Freight •
Monday, May 20, 2013
According to a new study conducted by the global strategy and marketing consultancy Simon-Kucher & Partners, price pressure is higher in the logistics industry than in other sectors – no matter the country.
DAT said that spot market freight volumes in its DAT North American Freight Index were down 16 percent annually in April, adding that April 2012 represented a record-high. Volumes for vanload, reefer, and refrigerated were down 20 percent, 10 percent, and 15 percent, respectively, compared to a year ago.
Posted on 05/20 at 02:04 PM