Monday, June 28, 2010
YRCW has has entered into a definite agreement to sell a portion of its YRC Logistics business to strategic private equity investor Austin Ventures for $37 million.
Posted on 06/28 at 07:42 AM
Friday, June 25, 2010
Trucking tonnage saw its first decline since February, with the American Trucking Associations (ATA) reporting today that its advance seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped 0.6 percent in May.
At this week’s eyefortransport 3PL Summit in Atlanta, LM Group News Editor Jeff Berman conducted an on-stage interview with Leo Suggs, Chairman of the Board and CEO of Greatwide Logistics.
Posted on 06/25 at 09:14 AM
Spurred by strong intermodal growth, weekly railroad volumes remain well ahead of 2009 levels for the week ending June 19, according to the Association of American Railroads.
Third-party logistics (3PL) services provider Evans announced this week it s rolled out a freight brokerage division, entitled Evans Freight Services (EFS).
Thursday, June 24, 2010
A looming truck driver shortage, driven to a large degree by a piece of unpopular legislation, appears to be a matter of “when” rather than “if,” according to trucking and 3PL executives speaking at this week’s eyefortransport 3PL Summit in Atlanta.
Two leading supply chain consulting firms announced this week they have launched a multi-year marketing and co-branding partnership to provide third-party logistics (3PL) services providers with various benchmarking capabilities.
Cherry Hill, New Jersey-based NFI, an asset-based third-party logistics (3PL) services provider, announced this week it has acquired IPD, a global transportation and logistics services provider based in Mississauga, Canada.
Posted on 06/24 at 07:35 AM
Wednesday, June 23, 2010
The Act-- a legal vestige of American protectionism mandating that all goods transported between U.S. ports to be built, owned, and operated by U.S. vessels – has been waived in the recent past when Hurricane Katrina struck the Gulf.
Posted on 06/23 at 08:54 AM
While more companies report plans to increase investment this year, the future looks even rosier for 2011 and 2012. Our warehouse/DC engineer presents the highlights of the 2010 survey and explores how the upturn is influencing current materials handling trends and future spending plans.
Posted on 06/23 at 08:23 AM