Filed in Logistics
Friday, February 18, 2011
Continuing a trend that showed signs of increasing traction during the second half of 2010, there are signs that transportation and logistics merger & acquisition activity is continuing to rebound, according to PricewaterhouseCoopers (PwC).
As I have discussed before, housing and unemployment remain a drag on the economy, but there are other things happening that are positive, including higher U.S. export volumes, the slow process of credit availability becoming more prevalent, sequential increases in GDP growth, and promising manufacturing data showing strong momentum.
Tuesday, February 15, 2011
Citing severe winter storms and higher-than-expected fuel prices FedEx said this week that it’s projected fiscal third quarter earnings have been impacted by roughly $0.25 per share.
Retail sales began 2011 on a relatively promising note, according to data released by the United States Department of Commerce and the National Retail Federation (NRF). January retail sales, which include non-general merchandise like automobiles, gasoline, and restaurants, were $381.6 billion for a 0.3 percent increase from December and a 7.8 percent increase over January 2010, according to Commerce.
Wednesday, February 09, 2011
Express delivery and logistics services provider DHL said today that it plans to spend $22.5 million to expand its hub facility at the Cincinnati/Northern Kentucky Airport to meet the growing needs of international shippers.
Posted on 02/09 at 01:45 PM
Air Cargo •
Monday, January 31, 2011
Following speculation that global industrial real estate bellwethers ProLogis and AMB Property Corporation were planning to merge, the companies announced today that they have joined hands in inking a definitive agreement through what that described as a “merger of equals.”
Thursday, January 20, 2011
As U.S. manufacturers begin to realign their supply chains with tactical and strategic initiatives, how will the recent recession inform their decisions? That question and others is addressed in the recently issued IDC Manufacturing Insights: Supply Chain Strategies: “Top 10 Predictions.”
Monday, January 10, 2011
When the American Association of Port Authorities holds its fourth annual “Shifting International Trade Routes Seminar” in Tampa next month, more than a few speakers will be sounding the call for more infrastructure.
Wednesday, January 05, 2011
Regional less-than-truckload (LTL) transportation services provider Southeastern Freight Lines (SEFL) said this week it is rolling out a new subsidiary focused on providing expedited service and multi-modal transportation services throughout the U.S.
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Tuesday, January 04, 2011
In response to its growing healthcare business, UPS said it is opening up new facilities in Asia, Europe, Canada, and the United States that will serve as part of its global healthcare facility network.