Market Trends
ProLogis to acquire Catellus for $4.9 billion
ProLogis, a global provider of distribution facilities and services, and Catellus Development Corp., a real estate development company, have approved a definitive merger agreement under which ProLogis will acquire all of the outstanding common stock of Catellus...
Technology Outsourcing Myth and Reality
The study was conducted by Enterprise Systems, a supplier of real-world business and technology information aimed at serving the needs of managers of large scale, high-volume computer systems...
Premium Services Grow in Asian Trades
Already an asset-based third party with over 24 million square feet of warehouse space worldwide...
Nailing a Niche in Logistics
From a simple start, Diane Gibson built Craters and Freighters into a global 3PL to corporate and other 3PL customers....
Despite Market Conditions, UPS Has Revenue Gains
While all of its operating segments showed increased revenues, UPS international package and supply chain and freight operations had particular strength....
The Delta-Northwest Merger Isnt Yet a Done Deal
Talked about for some time and nearly completed last month, the merger of the two airlines was finally announced despite the fact that all concerns of...
Strong Export Coal Means Stronger Prices
Export coal volumes on eastern railroads could be up 20% to 30% in 2008. The higher margins on this business could benefit further from price increases....
New President at NITL
Carlton, currently Assistant Administrator of the Maritime Administration (MARAD) at the US Department of Transportation, will begin his role as president...
Two More US Airlines Shut Down
In describing precipitating factors in ATA Airlines filing for Bankruptcy protection, Doug Yakola, the carriers COO noted, the cancellation of a critical...
Navistar Guarantees Fuel Economy
In order to spur truck sales in a slowing market thats challenged as well by skyrocketing fuel prices, International is offering the guarantee to customers...
Trucking To Hit Record Costs for Fuel
While fuel costs have been the second largest operating expense for truckerslabor expenses have been the largestfor some carriers that picture is being...
Monster Cookie
The United Van Lines agent distributed more than 25 million Girl Scout cookies to eight locations throughout Connecticut. This is the first year that...
Asian Wine Market Booming
A recent study of the wine market in Asia concludes Hong Kong is in a position to gain from developing a regional wine trading and distribution center....
Truck and Rail Accidents Decline
For the third year in a row, train accidents across the country have declined...
$20 Billion In Construction Slated for Great Lakes
Illinois and Indiana will lead the region during the first part of the coming construction season says research firm Industrial Info Resources. The two...
Rail and Air Freight Acquisitions
The new BNSF Logistics acquisition will operate as BNSF Logistics International and provide air and ocean import and export service and Customs brokerage....
Come Out Fighting
Perry A. Trunick, chief editor, ptrunick@logisticstoday.com Consumers have slowed the growth of their spending (up a mere 0.2% in December 2007), which...
Truck Tonnage UpHas the Bottom Been Reached?
Seasonally adjusted truck tonnagewith the year 2000 representing 100December 2007s jump to 116.7 is the highest level to be reached since January 2006....
Post Office Revenues Climb Though Volume Drops
First Quarter Fiscal 2008 for the US Postal Service (USPS) which ended on December 31, 2007, showed that total revenue was up 3.5% year over year with...
The Worlds Airliner Fleet Will Double by 2026
While the prediction is for passenger traffic to grow at a rate of 4.9% per year, air freight is expected to grow even faster, at a 5.8% clip per year....
The Freight Slowdown is Hitting Canada, Too
In testimony before the Canadian Governments Commons Standing Committee on Industry, Science and Technology, Graham Cooper pointed to current economic...
GT Nexus Acquires Metaship
We think Europe has tremendous growth potential and this acquisition positions us to take full advantage of the opportunity, said Aaron Sasson, CEO of...
Air Industry Profits to Decline in 2008
For the first time since 2000, we are profitable, says Giovanni Bisignani, IATAs director general and CEO. That is good news, representing a lot of hard...
International to Buy GMs Medium-Duty Truck Business
Navistar would buy assets, intellectual property rights and distribution rights to manufacture GMC Chevrolet Class 4-8 gross vehicle weight range trucks....
7 Tech Trends For Logistics
The transportation industry, both passenger and freight, is in the midst of a major transformation due to the rapidly changing demands of the global marketplace....
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