Filed in Logistics
Tuesday, June 21, 2011
A pretty big relationship between global third-party logistics (3PL) services provider CEVA Logistics and freight transportation and logistics services provider Ryder got even bigger with week, with the companies announcing that CEVA has added more than 1,000 full service lease trailers from Ryder.
LM survey respondents say Peak Season could actually resemble something a bit more typical and familiar than the mixed bag we have seen in recent years.
Monday, June 20, 2011
Gartner Inc. has released the findings from its seventh annual Supply Chain Top 25. The goal of the Supply Chain Top 25 research initiative is to raise awareness of the supply chain discipline and how it impacts the business.
Given the uncertain economic environment raising its head in the last few weeks, it looks like now may be a good time to hit the road. And that is exactly what I am doing tomorrow, when I push off to Atlanta for the 9th annual eyefortransport 3PL Summit.
FTR said the most recent SCI is at -5.4 percent compared to -11.4 in May, which was the worst SCI reading of this current economic cycle. The firm attributed the 6 point improvement to a slowdown in freight demand growth due to a lull in economic activity, as well as ongoing delays in Federal trucking regulations like driver Hours-of-Service (HOS).
Wednesday, June 15, 2011
Business logistics costs rose 10.4 percent last year, totaling $1.21 trillion, which is about what American businesses paid for freight transport in 2010, according to the authoritative 22nd annual State of Logistics report released Wednesday.
Tuesday, June 14, 2011
Diesel prices fell for the fifth consecutive week and the sixth time in the last seven weeks, decreasing 0.8 cents to $3.94 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
UPS said it will be rolling out a new reverse logistics service geared towards high-end products for shippers in the high-tech, healthcare, and retail sectors in the United States, Canada, Europe, Mexico, and Puerto Rico, effective this October.
Monday, June 13, 2011
Class I railroad carrier Canadian Pacific (CP) recently announced it will be a tenant at the Western Canada-based Global Transportation Hub (GTH). CP’s plans for a new intermodal facility at the Global Transportation Hub were announced in December, 2007.
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Tuesday, June 07, 2011
The company is replacing a Boeing 757 narrow-body aircraft with a new and larger B-767 wide-body freighter, which increases cargo capacity by 50 percent on UPS’s 19 weekly flights into Central and South America.