Filed in Logistics
Tuesday, October 25, 2011
Diesel prices this week increased 2.4 cents per gallon to $3.825, according to the Department of Energy’s Energy Information Administration (EIA).
Quarterly revenue for Big Brown—at $13.2 billion—was up 8.0 percent annually, and operating profit—at $1.61 billion—was up 0.2 percent. Earnings per share—at $1.06—saw a 14 percent year-over-year increase, topping Wall Street expectations of $1.05 per share.
Monday, October 24, 2011
The news regarding a tepid economic recovery is clearly far from new, we have been reading about it and experiencing it in one way or another for a while now. We have been told that things will be better “soon” on more than one occasion, yet things continue to stagnate.
IHS said the highlight in the very busy upcoming week will be the advance GDP release, which will show the economy growing at its fastest pace in the third quarter of 2011 since the second quarter of 2010
While hopes were high for a return to a “traditional” Peak Season earlier this year, things have not gone according to plan based on freight trends, volumes, and insight from industry stakeholders.
Friday, October 21, 2011
Near-sourcing and the North American Free Trade Agreement represent a perfect supply chain match, industry analysts contend.
Monday, October 17, 2011
Shipments and the number of global manufacturers shipping to the U.S. are both down 8 percent from August to September.
Opening a new facility there makes good business sense because it provides an opportunity to build and expand relationships with customers, and enables Con-way Multimodal to enter the growing southern market
Friday, October 14, 2011
Taking steps to expand its extensive logistics services menu for shippers, non asset-based third-party logistics (3PL) services provider Transplace said this week it has joined forces with Chicago-based intermodal marketing company (IMC) Celtic International to “form a leading North American logistics provider,” according to company officials.
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The September uptick in retail sales brought about some feelings of optimism regarding a possible economic recovery for some analysts, but there is a general consensus that more evidence of growth is needed over a longer period of time.