Filed in Logistics
Thursday, August 04, 2011
For the second quarter, PwC reported that second quarter deal value was $13.5 billion compared to $18.4 billion for the same period in 2010 and is up about 30 percent from the first quarter’s $10.4 billion in total deal value.
Company officials said that Vault unites several existing ODFL business units into an independent operating division comprised of warehousing, business solutions, fleet and warehouse dedicated services and truckload brokerage units.
Tuesday, August 02, 2011
Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) said this week it has acquired all of the outstanding stock of The James Brooks Company for approximately $7.5 million.
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 15.7 percent in May 2011 compared to May 2010, hitting $77.3 billion.
Monday, August 01, 2011
In its July report, the ISM reported that the index it uses to measure the manufacturing sector—known as the PMI—was 50.9 percent. This represents a 4.4 percent drop from June’s 55.3.
UPS recently announced in its annual Sustainability Report that it is continuing to reduce the amount of fuel used per each delivered package it moves in the United States.
This deal spells relatively good news for the economic engines that drive our country at a time when we can least afford to lose any signs of momentum whatsoever.
Friday, July 29, 2011
The survey found that larger carriers—those with more than $25 million in revenue—are twice more likely to be interested in buying a company compared to smaller carriers (with less than $25 million in revenue).
Wednesday, July 27, 2011
At a time when economic momentum continues to fluctuate, new orders for durable goods showed in June did nothing to quell that notion, falling 2.1 percent—or $4.0 billion.
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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.