Filed in Transportation
Sunday, September 01, 2013
It’s been 15 years since I sold a successful third-party logistics business to a group of investors. And I would like to say that the strategy and market approach of the third party logistics provider (3PL) industry has changed greatly in those years, but I can’t.
Tuesday, August 27, 2013
In this exclusive interview with Steve Flowers, President of UPS Global Freight Forwarding, readers are provided with additional insights.
Monday, August 26, 2013
Some of the biggest gains in U.S. exports due to a widening U.S. production-cost advantage over leading European nations and Japan are likely to be seen in chemicals, machinery, and transportation equipment, according to a new report by The Boston Consulting Group
Friday, August 16, 2013
Matson, Inc. had another solid quarter, driven by continuing strength in its Hawaii trade, modest volume gains in its other trade lanes and a better result in Logistics. And while most “mega” carriers lost money this year, this specialized one found a way to make some.
Thursday, August 01, 2013
Which carriers, third-party logistics providers, and U.S. ports will walk the red carpet to receive their award for outstanding service performance over the past year? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
Foodservice equipment and supply company leverages its technology partnership to secure capacity, simplify rates, and cut 12 percent from its transportation spending. Here’s how they did it.
Logistics managers and non-vessel operators expect that, as ocean carriers’ cash flow gets tighter, the charter market will increasingly be used for newer, fuel-efficient vessels. The payoff for shippers will be sustainable service.
It’s my distinct honor to present the logistics and transportation community with the results of the 30th Annual Quest for Quality Survey
. The publication in your hands marks the culmination of a six-month research project conducted by Peerless Research Group (PRG) that’s become known over three decades as the single most important measure of customer satisfaction and service performance excellence available in the logistics and transportation industry.
In the past months, ABF Freight System and UPS Freight announced 5.9 percent general rate increases, effective May 28 and June 10, respectively. Con-way Freight will raise its LTL rates 5.9 percent on June 24. On June 10, FedEx Freight announced a 4.5 percent GRI in non-contract base rates effective July 1, and other large carriers are expected to follow suit over the next several weeks.
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One needs to look no further than the futures market for evidence that analysts’ forecasts are rarely correct. In every trade, the buyer believes that prices will rise, and the seller believes the exact opposite. Not often do you see an analyst publicly reflect on a prior forecast—except, of course, when their goal is to make a “victory lap.”