Friday, June 15, 2012
Both ports are optimistic about growth prospects for the remainder of the year.
Carload volume was down 1.7 percent compared to the same week last year and intermodal volumes were up 3.8 percent.
DayFund.org is a website that presents donation opportunities to those who wish to help cure cancer and serves as a matchmaker for donors and cancer research centers.
Company executives tout deal as recapitalization that will give Intelligrated the financial strength and international experience to grow.
On the heels of two strong months of global trade activity, data released by Panjiva, an online search engine with detailed information on global suppliers and manufacturers, showed a bit of a slowdown from April to May.
Posted on 06/15 at 07:43 AM
Global Trade •
Thursday, June 14, 2012
In a move designed to expand its end-to-end service offering, freight transportation and logistics services provider Arkansas Best Corp. said today it has agreed to acquire Panther Expedited Services, a Seville, Ohio-based asset-light provider of expedited ground and freight forwarding services and premium logistics services, from its owner Fenway Services LLC, a middle market private equity firm.
Posted on 06/14 at 11:21 AM
ABF Freight •
Arkansas Best •
Fairly flat business conditions for shippers appear to be the new normal in a way. That appears to be the general consensus of freight transportation consultancy FTR Associates monthly Shippers Conditions Index (SCI).
Posted on 06/14 at 08:58 AM
FTR Associates •
When FedEx first announced this deal in April, it said it is part of its growth strategy in Europe and is expected to supplement FedEx’ service portfolio in Poland.
Posted on 06/14 at 08:29 AM
Under the agreement, Penske Logistics manages the drivers, vehicles, and freight deliveries for Cardinal’s medical supply chain business serving hospitals.
Posted on 06/14 at 08:02 AM
Penske Logistics •
Wednesday, June 13, 2012
Proponents of intermodal transportation often point to fuel savings as a significant benefit of leveraging intermodal for moving freight.