Following an early July announcement in which it said it planned to kick off a New York State service expansion, effective in mid-August, Pittsburgh-based less-than-truckload…
Posts published in “News,”
July’s shipment reading—at 1.182—declined slightly annually, falling 0.4%, less than June’s 2.3% decrease, and July expenditures—at 4.499 increased 28.2% annually, while falling 3.6% compared to…
Second quarter revenue saw a 15% annual increase, to $2.2 billion. Net income came in at $51 million, topping the second quarter of 2011 by…
The Services PMI came in at 56.5 (a reading of 50 or higher signals growth), up 1.4% compared to June, following a slight 0.6% decrease…
The national average price per gallon for diesel—at $5.138—dropped 13 cents, coming on the heels of a 16.4-cent decrease, for the week of July 25,…
On its second quarter earnings call last week, UPS leadership highlighted a new initiative focused on ensuring smoother network operations, in tandem with upping its…
Commerce reported that June retail sales—at $680.6 billion—rose 1.0% compared to May, while posting an 8.4% annual increase. NRF said that in its calculation of…
The report’s key metric, the PMI, came in at 53.0 (a reading of 50 or higher indicates growth), for a 3.1% decrease compared to May’s…
Larry Gross, president of Gross Transportation Consulting, provided LM Group News Editor Jeff Berman with an overview of key global logistics trends and themes, including…
In a podcast recording, LM Group News Editor Jeff Berman interviewed Joe Tillman, manager of education programs for SMC3. Source: logistics Mgmt
President Biden said is proposed gas tax holiday alone is not going to fix the problem of record-high prices, but noted that it will provide…
American supply chains are out of sync while adjusting to short-term changes in demands. But logisticians continue to seek long-term solutions to supply chain issues,…
Total May volume—at 1,554,844 units—were down 3.8% annually. Trailers—at 75,535—saw a 26.6% annual decrease, steeper than April’s 24.9% downward spread. Domestic containers—at 700,943—saw a 5.7%…
May’s shipment reading—at 1.235—fell 2.7% annually, which was steeper than April’s 0.5% annual decline. And May expenditures—at 4.287—were up 27.5% annually, in line with April’s…
The national average for the national average price per gallon of diesel gasoline came in at $5.718 per gallon, according to data published this week…
As negotiations continue between the International Longshore Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), with their current contract set to expire at the…
Federal regulators working on a proposal that would create a nationwide truck speed limit using electronic engine devices last week extended the comment period on…
Preliminary May North American Class 8 new truck orders saw declines compared to April, according to data respectively published by freight transportation consultancy FTR and…
Lakeland, Fla.-based 3PL Saddle Creek Logistics Services recently announced it plans to open a new Las Vegas-based multi-client distribution center, which it said is scheduled…
Shippers coping with record-high fuel surcharges are advised by diesel supply experts to simply bear with it until more (and cheaper) crude oil is available,…