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Logistics insights

 

NEWS: LOGISTICS INSIGHTS

Logistics performance index: Overall (1=low to 5=high) in Philippines

Logistics performance index: Overall (1=low to 5=high) in Philippines was last measured at 3.14 in 2010, according to the World Bank. Logistics Performance Index overall score reflects perceptions of a country’s logistics based on efficiency of customs clearance process, quality of trade- and transport-related […]

By |August 8th, 2014|news|Comments Off on Logistics insights|

FedEx Freight posts best fiscal

As reported last week, fiscal third quarter earnings for transportation and parcel bellwether FedEx were down overall on an annual basis, with quarterly net income—at $361 million—down 31 percent.

But this decline cannot be attributed to the quarterly performance of FedEx Freight, the company’s less-than-truckload subsidiary.

Revenue at FedEx Freight, its less-than-truckload unit, at $1.24 billion […]

By |March 26th, 2013|news|Comments Off on FedEx Freight posts best fiscal|

Diesel prices are down for second week

The average price per gallon of diesel gasoline dropped for the second straight week, according to data released by the Department of Energy’s Energy Information Administration (EIA).

The average price per gallon fell 4.2 cents to $4.088 per gallon, on the heels of a 2.9 cent dip last week. Prior to these two weeks of […]

By |March 13th, 2013|news|Comments Off on Diesel prices are down for second week|

BNSF gets good news from Los Angeles

Class I railroad carrier BNSF Railway received good news late last week, when the Los Angeles Board of Harbor Commissions made a decision to recommend approval of the Southern California International Gateway (SCIG).

BNSF officials say the SCIG will be a state-of-the-art, environmentally friendly, near-dock intermodal facility that will have 90 percent less emissions than traditional intermodal […]

By |March 13th, 2013|news|Comments Off on BNSF gets good news from Los Angeles|

USPS plan to nix Saturday mail

Nearly a month after the United States Postal Service announced its plans to introduce a new delivery schedule in August, which includes eliminating Saturday delivery, a piece of legislation may prevent that from becoming a reality.

The reason for that is this week’s passing of the FY2013 Department of Defense, Military Construction and Veterans Affairs, […]

By |March 11th, 2013|news|Comments Off on USPS plan to nix Saturday mail|

DOT committee to boost cargo visibility

Freight is getting a boost in the Nation’s Capital.

The U.S. Department of Transportation is establishing a National Freight Advisory Committee (NFAC) and soliciting nominations from industry and state officials for membership. The NFAC will provide advice and recommendations on freight issues.

“I just want to say how important the (National) Freight Advisory Council really is,” […]

By |March 7th, 2013|news|Comments Off on DOT committee to boost cargo visibility|

BNSF’s interest in natural gas

Natural gas, it’s just not for trucks to experiment with anymore. In fact, a Class I railroad is, too, according to a Wall Street Journal report published this week.

The Journal report stated that BNSF Railway Co., one of the nation’s largest consumers of diesel fuel, is planning on testing natural gas to power its […]

By |March 7th, 2013|news|Comments Off on BNSF’s interest in natural gas|

United Air Cargo accepts new devices

The announced additions increase the number of cargo tracking and monitoring devices accepted by the carrier to 10.

United Cargo, one of the world’s largest belly carriers, announced it will accept two new tracking and monitoring devices on its entire mainline jet fleet of nearly 700 aircraft linking 381 airports across six continents.

The announced additions […]

By |March 6th, 2013|news|Comments Off on United Air Cargo accepts new devices|

OzLINK now at “strategic level”

The combination of UPS and OzLINK may change the way small & medium businesses can improve their logistics.

Oz Development, a provider of OzLINK, a cloud-based product that integrates and automates the order management process, announced their promotion to Strategic Alliance within the UPS Ready Program.

This integrated technology relationship accelerates the deployment of OzLINK software […]

By |March 6th, 2013|news|Comments Off on OzLINK now at “strategic level”|

Forward Air brings Total Quality Inc.

Air cargo transportation services provider Forward Air Inc. said today it has acquired Grand Haven, Michigan-based Total Quality Inc. (TCI), a provider of maximum security and temperature-controlled services for pharmaceutical and life sciences shippers.

The purchase price was $66 million, according to Forward, with an earn-out of up to $5 million based on TQI’s 2013 […]

By |March 5th, 2013|news|Comments Off on Forward Air brings Total Quality Inc.|