Tuesday, February 18, 2014
DHL Global Forwarding, a subsidiary of global express delivery and logistics services provider DHL, recently announced it has launched a temperature-controlled air freight service going to and from Brussels and Cincinnati.
Merger and acquisition (M&A) activity in the transportation and logistics sector in the fourth quarter of 2013 fared well, posting the second highest quarterly deal volume and value in the last three years, even though 2013 overall deal volume and value did not fare nearly as well, according to Pricewaterhouse Coopers’ (PwC) report, “Intersections: Fourth Quarter 2013 global transportation and logistics industry mergers and acquisitions analysis.”
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As more companies look to grow their revenues in foreign markets, the need has arisen for greater visibility in the supply chain.
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Monday, February 17, 2014
While we honor past presidents today, the National Association of Manufacturers (NAM) is calling upon the nation’s current chief executive to move on his promise to promote U.S. exports.
Freight transportation and logistics services provider Averitt Express recently announced it has added climate-controlled services for shippers in the form of self-powered, less-than-truckload (LTL) shipping units.
Posted on 02/17 at 04:43 AM
Averitt Express •
YRC Worldwide, in a major refinancing aimed at lowering its annual interest payments and increasing liquidity for badly needed recapitalization, has refinanced approximately $1.1 billion in debt under much more favorable terms for the 90-year-old trucking company.
Posted on 02/17 at 03:58 AM
YRC Worldwide •
Friday, February 14, 2014
When Retail Industry Leader Association (RILA) President Sandy Kennedy spoke with LM recently, she emphasized that her organization will continue to urge Congress to grant Trade Promotion Authority so that we can move forward with important trade deals such as the Trans-Pacific Partnership, the Trade in Services Agreement, and the Trans-Atlantic Trade and Investment Partnership.
Posted on 02/14 at 04:18 AM
Carloads—at 261,254—were down 4.3 percent annually, and intermodal—at 246,114 containers and trailers—was up 0.6 percent compared to the same week a year ago.
Posted on 02/14 at 04:03 AM