Filed in Logistics
Wednesday, July 06, 2011
Container shipping carrier APL recently said it has made a land purchase in Joliet, Illinois to develop an intermodal container terminal. APL officials said the company purchased 43 acres of space from CenterPoint Properties within the CenterPoint Intermodal Center, the largest inland port in the United States.
Tuesday, July 05, 2011
Crowley Maritime Corporation, a provider of ocean cargo transportation services, recently announced it has acquired the business and assets of Puerto Rico Freight Systems (PRFS), a provider of freight consolidation and less-than-container load (LCL) transportation services in the Caribbean.
LM Group News Editor Jeff Berman conducted an on-stage interview with Leo Suggs, Chairman of the Board and CEO of Greatwide Logistics at the eyefortransport 3PL Summit. The theme of this year’s interview was “Gauging the Impact of Driver Shortages and Changed Carrier Relationships.”
Friday, July 01, 2011
Carload volume—at 284,562—was down 0.2 percent annually and behind the weeks ending June 17 and June 10 which hit 294,310 and 290,181, respectively.
According to the report, total dollars billed in the first quarter for all study participants—at roughly $1.8 billion—was up 17.1 percent compared to the first quarter of 2010.
Tuesday, June 28, 2011
Taking steps to further leverage a relationship that has been intact since 2003, UPS and global pharmaceutical giant Merck said today they are expanding their distribution and logistics agreement on more of a global supply chain basis.
Monday, June 27, 2011
This decline continues a trend of uneven freight transportation volumes amid various economic indicators showing signs that the economic recovery has lost its footing in recent weeks especially.
Friday, June 24, 2011
Last week, I told you I was heading to Atlanta soon for the eyefortransport 3PL Summit. Well, I am back now and I can tell you this: it was worth the trip.
Earlier this week, the Surface Transportation Board (STB) held a public hearing to explore the current state of competition in the railroad industry, as well as possible policy alternatives to facilitate more competition.
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Thursday, June 23, 2011
In its fourth quarter earnings report, Fedex explained its 6 percent y-t-d improvement on strong yield improvement in all transportation segments, as well as volume growth of ground and international express shipments.