Schneider Logistics Launches Shared LTL Service
Schneider Logistics has introduced a new service offering for shippers with reoccurring LTL moves who are willing to share the ride....
Equipment Finance Industry Confidence Declines
According to the Equipment Leasing & Finance Foundation (the Foundation), confidence in the equipment finance market is 47.6, down from the August index of 50.0. This indicates continuing concern with global economic conditions and their impact on the industry....
Shipping Conditions Will Get Worse before They Get Better
Trucking capacity will be hard to come by the rest of this year and into 2012....
Logistics Numbers Improving
The latest logistics numbers show heartening news for the economy, according to a summary courtesy of the Georgia Center of Innovation for Logistics. ...
Transportation Cost Control a Top Problem
Fortune 500 companies are overspending billions of dollars on shipping services according to industry analysis from Insource Spend Management Group, providers of spend management tools. This research echoes findings from a recent report, “Integrated Transportation Management in a Capacity Constrained Global Market,” from Aberdeen Group which noted that transportation cost relative to overall supply chain performance is the top pressure cited by 57% of transportation executives. ...
Estes Launches Final-Mile Service
Estes Express Lines has launched E-Street Direct, a nationwide origin-to-final-mile logistics solution....
Kennedy Group Acquires Label Technique Southeast
The Kennedy Group has acquired Label Technique Southeast, a manufacturer of specialty and custom labels serving the food and produce market. ...
U.S. Postal Service Plans to Lay Off 35,000
The USPS has proposed sweeping changes that would, among other things, add one day to the delivery cycle for First-Class Mail....
Study Shows Potential Improvement for Parcel Shippers
According to a study by Kewill Logistics, most LTL/Freight shippers use between two and five carriers in their operations, while the majority of companies are still using from one to three parcel shipping carriers. Kewill, providers of trade and logistics products and services, released these findings in its “2011 Best Practices Survey for Parcel Shipping and LTL/Freight Management.” ...
Logistics Providers Still Paying Their Debts
Despite challenging economic times, U.S. businesses continue to pay their invoices in a timely manner, according to Cortera’s July 2011 Supply Chain Index (SCI) report. This monthly index of accounts receivable (A/R) activities analyzes 200,000 manufacturers, distributors & wholesalers, retailers, services, and transportation companies. The July 2011 SCI registered 6.16 days beyond terms (DBT), remaining near its record low of 5.05 in May 2011. ...
LogistXGames to be held September 30
To help local and regional companies build employee pride, establish teamwork principles and reinforce industry safety standards, The Global LogistXGames will take place Friday, September 30, in Louisville, Kentucky. Twelve teams are slated to participate from four different cities: Louisville, Indianapolis, Cincinnati and Atlanta. ...
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