Logistics

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

Fuel, Business, Logistics, Government

Diesel Rises 1.3¢ to $2.805; Gas Falls to Just Over $3

Diesel fuel’s national average retail price rose 1.3 cents $2.805 a gallon, while gasoline fell 6.7 cents but remained just over $3, the Department of Energy said Monday.

June 19, 2007
Fuel, Business, Logistics, Government

Diesel Dips 0.7¢ to $2.792; Gas Plunges 8.1¢ to $3.076

Diesel fuel’s national average retail price dipped 0.7 cent $2.792 a gallon and gasoline's pump price plunged, the Department of Energy said Monday.

June 12, 2007
Business, Safety, Government, Logistics

Letters to the Editor: Double Brokering, Gasoline Prices

I believe the Transportation Intermediaries Association should solve the problem of “double-brokering” before trying to convince regulators to allow third-party logistics providers to join the Customs-Trade Partnership Against Terrorism.

June 8, 2007
Business, Logistics

Dynamex Reports Higher 1Q Earnings

Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit rose to $3.5 million or 32 cents a share, from $3.2 million or 29 cents a year earlier.

June 7, 2007
Government, Business, Technology, Logistics

Hub Group Buys Intermodal Firm

Third-party logistics company and freight broker Hub Group said it will acquire the assets of Interdom Partners, an intermodal marketing company, for $26 million.

June 7, 2007
Business, Logistics

Menlo Buying Asian Logistics Firm

Con-way Inc. unit Menlo Worldwide and Cougar Logistics Corp. said Thursday they have signed an agreement under which Menlo will purchase Cougar for $33.9 million.

June 7, 2007
Business, Logistics, Autonomous

Norfolk Southern Plans $2 Bln. Rail Corridor

Eastern freight rail line Norfolk Southern Corp. plans to build a rail corridor costing more than $2 billion from Louisiana to the Northeast that it said would speed shipments and reduce truck freight, the Associated Press reported.

June 7, 2007
Business, Fuel, Government, Logistics

Ceva Secures EGL Financing

The private-equity parent company of Ceva Group has received a commitment of $2.95 billion in debt financing to fund the buyout of air freight forwarder EGL Inc., Bloomberg reported Tuesday.

June 6, 2007
Government, Business, Safety, Logistics

Border Measures Boosting Costs

Security measures at the Canada-U.S. border introduced since 9/11 have not slowed the flow of goods into the United States but have added to costs for Canadian companies, according to new report, the Ottawa Citizen newspaper reported.

June 5, 2007
Fuel, Business, Logistics, Government

Diesel Dips 1.8¢ to $2.799; Gas Falls 5.2¢ to $3.157

Diesel fuel’s national average retail price fell 1.8 cents to $2.799 a gallon, while gasoline dropped more than a nickel to $3.157, the Department of Energy reported Monday.

June 5, 2007