Filed in Logistics
Tuesday, July 26, 2011
Compared to the second quarter of 2010, which saw a 71 percent annual gain in earnings per share for UPS, this year’s second quarter might be viewed as being pale in comparison. But a close look at the numbers points to another strong earnings performance for Big Brown.
Monday, July 25, 2011
Sick of the talk and double-talk about the debt limit talks going on in Washington? Personally speaking, it is definitely starting to wear on me a little bit.
Wednesday, July 20, 2011
Washington finally seems semi-serious about infrastructure. There are dueling bills circulating on Capitol Hill, with Senate Democrats favoring a two-year, $109 billion proposal and House Republicans offering a six-year, $230 billion deal to replace the six-year, $286 billion transportation funding law that expired 23 months ago.
Tuesday, July 19, 2011
The concept of an infrastructure bank has been lobbied around myriad times by members of Congress, industry associations, and infrastructure experts alike. On paper and conceptually, leveraging an infrastructure bank to fund future investment seems like a pretty good idea. But as we know, money is tight.
Monday, July 18, 2011
Spot market truckload volumes in June were the second-highest ever recorded in 2011 and in the 15 years they have been tracked by TransCore, the company recently reported.
Friday, July 15, 2011
Coming off of April and May which saw 7 and 8 percent gains, respectively, in the number of waterborne shipments heading to the U.S., June saw a 1 percent decline from May to June at 1,030,363, according to Panjiva. On an annual basis, June shipments were down 4 percent compared to June 2010’s 1,076,015 shipments.
Thursday, July 14, 2011
As has been the case in recent months, stagnant economic growth has been on display in the form of monthly retail sales, and June was no exception, give the most recent batch of retail sales data from the United States Department of Commerce and the National Retail Federation (NRF).
Wednesday, July 13, 2011
The push for natural gas as a transportation fuel received a major boost this week, with the news that Chesapeake Energy, the second largest natural gas producer in the country, is committing $150 million into Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America.
Evidence regarding the uneven economic recovery remains apparent, according to the most recent results of the June edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) Index.
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Tuesday, July 12, 2011
Non-asset based third party logistics (3PL) and transportation services provider Greatwide Logistics Services recently announced that John P. Tague has been named to succeed Leo Suggs as CEO. Suggs will remain in his role as Greatwide chairman, according to company officials. Tague comes to Greatwide from United Airlines, where he served as president and was responsible for all airline management functions. In eight years at United, he served in various roles, including chief operating officer and chief revenue officer.