Thursday, February 14, 2013
Global third-party logistics (3PL) services provider CEVA Logistics announced today it has opened the doors to its Jacksonville, Fla.-based Center of Logistics Excellence.
Posted on 02/14 at 11:11 AM
Wednesday, February 13, 2013
Commerce reported that January retail sales at $416.6 billion were up 0.1 percent compared to December, and the NRF reported that January retail sales, which exclude autos, gas stations, and restaurants, were up 0.3 percent on a seasonally-adjusted basis from December.
Posted on 02/13 at 11:13 AM
Watching President Obama’s State of the Union address last night, it was hard not to notice the myriad aspects of his speech that had some sort of—direct or indirect—impact or effect on freight transportation, supply chain management, or logistics in one form or another.
Posted on 02/13 at 11:09 AM
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased 1.0 percent from November to December, following a 1.7 percent rise from October to November.
Posted on 02/13 at 11:06 AM
Two third-party logistics (3PL) service providers—Greatwide Logistics Services LLC and Cardinal Logistics Management Inc.—said today they have completed a merger of their two companies, which they said will create a market leading logistics organization that offers a broad service platform with annual revenues of more than $1 billion.
Posted on 02/13 at 11:05 AM
Tuesday, February 12, 2013
According to a new survey from Deloitte, global executives are increasingly concerned about the growing risks to their supply chains and costly negative impacts such as margin erosion and inability to keep up with demand.
Company officials said this expansion was made to address market trends related to increased manufacturing and consumer demand in many regions, with these lanes originating in Asia, Europe, the Middle East, Africa, and South Africa. With this expansion, UPS has more than 1,700 direct LCL lanes serving 116 countries.
Posted on 02/12 at 12:04 PM
Ocean Freight •
Staying true to a major theme of expanding its service offerings—growth through acquisition—non-asset based third party logistics (3PL) services provider XPO Logistics announced today it has acquired the operating assets of Statesville, North Carolina-based East Coast Air Charter Inc. (ECAC), a non-asset, 3PL focused on expedited air charter brokerage.
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In its preliminary fourth quarter “Report on Productivity and Labor Costs,” IHS Global Insight U.S. economists suggest that both hiring and productivity will move upward…but at a snail’s pace.