Wednesday, August 12, 2015
Anecdotal evidence and some qualitative research suggests that "favored shippers"__companies for which carriers prefer to haul freight__obtain better pricing and service.
But do they?
Posted on 08/12 at 01:35 PM
C.H. Robinson •
Tuesday, August 11, 2015
Infor, a supply chain and logistics technology services and ERP software provider, said it plans to acquire GT Nexus, a global provider of cloud-based global commerce technology, for $675 million. Infor said the deal is expected to become official within 45 days, pending regulatory approval.
Posted on 08/11 at 11:27 AM
At an average of $2.617 per gallon, the price was down 5.1 cents compared to last week, with prices dropping a cumulative 29.7 cents going back to the week of May 25, when the average price was at $2.914 per gallon.
Posted on 08/11 at 08:44 AM
Diesel Prices •
Over the last several months, there has been a spate of merger and acquisition (M&) activity centered around deals with an emphasis on large truckload brokerages. On the surface deals like these makes sense for more than a few reasons, given the vast carrier reach that the large brokerages have, coupled with strong technology platforms, and shipper relationships across a wide swath of industries.
Posted on 08/11 at 07:49 AM
Monday, August 10, 2015
The USPS reported today that it had a $586 million net loss for the fiscal third quarter, which represents a $1.4 billion reduction compare to a $2 billion net loss for a same quarter a year ago. For the fiscal first and second quarters, the USPS had $754 million and $1.5 billion net losses, respectively.
Posted on 08/10 at 09:53 AM
Seasonal cargo flows appear set to take hold for United States-based retail container ports even with a glut of Transpacific trade capacity, according to the most recent edition of the Global Port Tracker report by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
Friday, August 07, 2015
Senator Tom Carper has introduced a bill call the TRAFFIC Relief Act, which pledges to raise U.S. gasoline and diesel taxes (that have remained at current levels of 23.4 cents for diesel and 18.4 cents for gasoline since 1993), as well as expand tax credits, too.
Posted on 08/07 at 10:07 AM
This week APICS Supply Chain Council (APICS SCC) released findings from its latest industry report, Supply Chain Leadership Report: Many Styles Generate Success, which examines critical success factors of a supply chain leader, including his or her attributes, leadership style and ability to formally and informally influence a multitude of stakeholders.
Posted on 08/07 at 09:25 AM
Carloads decreased 6.5 percent––or 95,295 carloads––to 1,376,411 compared to July 2014, and intermodal saw continued gains in July at 1,331,888 containers and trailers, which marked a 3.5 percent––or 45,538 units––increase.
Posted on 08/07 at 09:15 AM