Thursday, May 23, 2013
At yesterday’s Senate Commerce Committee hearing on the recently announced nomination of Charlotte, North Carolina Mayor Anthony Foxx to be Secretary of Transportation, the nominee laid out some key components of his agenda if he is confirmed.
Posted on 05/23 at 12:56 PM
Supply chain consultancy Armstrong & Associates said this week that total United States 2012 third-party logistics (3PL) gross revenue—at $141.8 billion—were up 6 percent over 2011.
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 •