Thursday, March 27, 2014
Toronto-based less-than-truckload (LTL) carrier and transportation services provider Vitran Corporation has officially been acquired by TransForce, a provider of transportation and logistics services for $6.50 per share.
Posted on 03/27 at 11:06 AM
Vitran Corporation •
The Ann Arbor, Michigan-based carrier said earlier this month that effective March 31 a 5.4 percent GRI will take effect.
Posted on 03/27 at 09:50 AM
Con-way Freight •
A study recently released by GT Nexus, a provider of cloud-based network services for global trade and supply chain management, in conjunction with Supply Chain Insights makes the case that ERP systems may be coming up short, when it comes to providing supply chain visibility for shippers.
It goes without saying that this winter had major impacts, none of which were really good, in terms of supply chain efficiency for the most part. But with the calendar indicating spring has sprung, it seems like a good time to look back at what everyone dealt with and how, hopefully, things get better from a volume and timing perspective for all supply chain stakeholders.
Posted on 03/27 at 08:15 AM
Wednesday, March 26, 2014
The P3 Network vessel-sharing agreement, whose objective is to give ocean carrier heavyweights Maersk, MSC, and CMA CGM the ability to discuss and agree on the size, number and operational characteristics of vessels to be operated on transatlantic and transpacific trade lanes between the U.S. and Asia, North Europe and the Mediterranean, was given the green light by the Federal Maritime Commission (FMC) earlier this month.
At the recent Stifel Transportation and Logistics Conference, I moderated a panel discussion that included representatives from Wal-Mart, Dell, Under Armour and Clorox. One topic they covered that I found especially interesting was that some companies were entertaining the idea of slowing down their supply chain. Why would they do that?
Posted on 03/26 at 07:11 AM
Tuesday, March 25, 2014
As noted in today’s news section, airports with new infrastructure and access to population centers will remain dominant in the air cargo arena.
Top U.S. airports are engaged in a fight for a larger share of the challenged U.S. air cargo market, according to JLL’s annual Airport Outlook Report.
The Department of Transportation’s Surface Transportation Board’s (STB) public hearing “Petition for rulemaking to adopt revised competitive switching rules” kicked off today after being cancelled last fall due to the federal government shutdown.
Posted on 03/25 at 11:43 AM
The average price per gallon fell 1.5 cents to $3.988, following a 1.8 cent decline to $4.003 last week.
Posted on 03/25 at 10:34 AM
Diesel Prices •