Monday, July 11, 2011
YRC Worldwide has obtained commitments for a three-year, $400 million asset-based loan (ABL) facility that will replace its current asset-backed securitization (ABS) facility.
The National Industrial Transportation League (NITL) filed a petition with the United States Surface Transportation Board (STB), requesting that the STB adopt new rules regarding reciprocal switching between Class I railroad carriers.
The industry posted a 10% increase over 2009 and about $4.6 billion in revenue for SCM applications, not counting procurement.
Friday, July 08, 2011
We recently got word of the passing of Donald J. Bowersox. To say that Don was one of the founders of the modern supply chain movement is no exaggeration. His record of accomplishments speaks for itself.
Global express delivery and logistics services provider DHL continues to make inroads with its LCL (less-than-container-load) service, announcing two new recent additions.
How efficient lift trucks help distribution centers conserve energy and foster environmental responsibility
Posted on 07/08 at 09:25 AM
Carload volume—285,943—was up 0.3 percent year-over-year and ahead of the week ending June 25 at 284,562 and behind the week ending June 17 at 294,310.
Thursday, July 07, 2011
Analysts add that even the realization of a decent peak season demand surge this summer will not provide enough momentum to lift severely eroded freight rates in the key east-west trades
News that the U.S. and Mexican governments have finally inked a Memorandum of Understanding on a new cross-border trucking program will be good for American shippers and, more importantly, save American honor on a promise made and kept.
Posted on 07/07 at 03:17 PM
Global Trade •
With the current state of transportation infrastructure at the national level still largely in flux, the Republican leadership of the House Transportation and Infrastructure Committee earlier today held a press conference to roll out its comprehensive, multi-year transportation reauthorization proposal.