Filed in Logistics
Wednesday, July 28, 2010
More good news surfaced in the domestic rail sector yesterday as Norfolk Southern Corporation reported second-quarter 2010 net income earnings.
The International Air Transport Association (IATA) announced international scheduled traffic statistics for June, showing continued strong demand growth as the industry recovers from the impact of the global financial crisis.
Monday, July 26, 2010
The Port of Los Angeles began the final phase of its 13-year, $370 million Main Channel Deepening Project (MCDP) late last week.
The customized third-party high-tech service parts logistics has announced significant expansion of its strategic stocking location (SSL) network in Brazil, Russia, India and China (BRIC).
Posted on 07/26 at 07:43 AM
Global Trade •
Wednesday, July 21, 2010
Following its promising forecast made last month, the International Air Transport Association is reporting a significant surge in air cargo demand.
Tuesday, July 20, 2010
The number of global manufacturers shipping to the United States continued in June with a 1 percent gain, according to data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Monday, July 19, 2010
Earlier today, ATC Corporation, a provider of logistics and remanufacturing services for the high-tech and automotive industries, said it has entered into a definitive agreement and plan of merger pursuant to be acquired by third-party logistics (3PL) services provider Genco Distribution System Inc, for $512.6 million.
As a follow-up to a sustainability push launched last October, UPS recently announced it is expanding its Carbon Neutral shipping program to 35 countries and territories throughout Asia, Europe, and the Americas.
Friday, July 16, 2010
Penske Truck Leasing, a subsidiary of global transportation services provider Penske Corporation, said this week it has opened up a new facility in Tijuana, Mexico.
Posted on 07/16 at 09:18 AM
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Thursday, July 15, 2010
The cost of the U.S. business logistics system declined 18.2 percent in 2009—the largest drop in the history of the State of Logistics Report. But as the economy slowly improves, shippers will need to be more cautious and tactical as they face increasing volumes, tight capacity, and higher rates.
Posted on 07/15 at 08:00 AM