Filed in Supply Chain Management

Friday, September 02, 2011

Non asset-based third-party logistics services provider Road Runner Transportation Services (RRTS) said it has officially closed its acquisition of the outstanding stock of Prime Logistics Corporation for roughly $97.5 million.

Wednesday, August 31, 2011

LM Group News Editor Jeff Berman recently spoke with CEVA CEO John Pattullo about the company’s first half performance and other industry-related items.

Tuesday, August 30, 2011

Looking at the logistics landscape, it appears that September should be very telling on a number of fronts in terms of how the fourth quarter and beyond may shape up, coupled with numerous legislative efforts on the table (or not, given the current political climate).

Tuesday, August 23, 2011

Truck tonnage in July was down following growth in June, according to the American Trucking Associations

This follows declines of 6.2 cents, 4 cents and 1.2 cents from the previous three weeks. Prior to the last four weeks of downward prices, diesel saw a cumulative 9.9 cent gain over a three week period.

Monday, August 22, 2011

In early 2009, the United States Postal Service (USPS) stated its intent in a filing with the Postal Regulatory Commission (PRC) to launch a market test to provide service akin to a less-than-truckload (LTL) network. But in a filing submitted to the PRC on August 19, the USPS said it intends to shutter this initiative—it entitled “Collaborative Logistics”—on September 19.

Amid the swell of turbulence the economy is riding on, due to an incredibly shaky and unpredictable economic recovery, the downgrading of the United States credit rating and subsequent giant swings in the stock market, it is fair to say shippers are concerned about the possibility of a double-dip recession rearing its ugly head.

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.

Wednesday, August 03, 2011

The ISM’s index for measuring the sector’s overall health—known as the NMI—was 52.7 in July, a 0.6 percent decline from June. A reading above 50 represents growth. And even with the sequential decline in the NMI the report showed growth in the non-manufacturing sector for the 20th consecutive month.