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.
 

Business, Logistics, Government

U.S. Truck Freight Falls

U.S. truck tonnage in the United States declined again in April — the ninth downturn in the past 10 months — showing the effects of a national economy in flux.

June 4, 2007
Business, Logistics

Ceva’s First-Quarter Loss Widens

Ceva Group Plc said it lost 14.9 million euros (about $20 million) in the first quarter, compared with a loss of 7.7 million euros ($10.4 million) a year earlier.

May 31, 2007
Business, Logistics, Government

Chicago Factory Index Rises in May

Manufacturing activity in the Chicago region accelerated in May, the National Association of Purchasing Management said Thursday.

May 31, 2007
Fuel, Business, Logistics, Government

Diesel Climbs 1.4¢ to $2.817

Diesel fuel’s national average pump price rose for a second straight week, gaining 1.4 cents to $2.817 a gallon, the Department of Energy said Monday.

May 30, 2007
Business, Government, Safety, Logistics, Autonomous

STB Asked to Delay New Limits On Freight Rate-Setting Bureaus

The National Motor Freight Traffic Association has asked the Surface Transportation Board to delay a decision to end antitrust immunity for trucking rate bureaus.

May 28, 2007
Business, Fuel, Logistics, Government

Diesel Rises 3¢ to $2.803 a Gallon

Diesel fuel's national average price rose 3 cents to $2.803 a gallon last week, while retail gasoline spiked 11.5 cents to an all-time record of $3.218.

May 28, 2007
Business, Logistics

Existing Homes Sales Fall to Lowest Level in Nearly Four Years

Existing home sales fell 2.6% in April, tumbling to their lowest level in nearly four years, the National Association of Realtors said Friday.

May 25, 2007
Business, Logistics

EGL Accepts Ceva’s Bid

EGL Inc. said Thursday it had accepted a $2 billion bid to be acquired by the Ceva Group, which is owned by private-equity firm Apollo Management.

May 25, 2007
Fuel, Business, Logistics, Government

Diesel Price Rises 3¢ to $2.803; Gas Jumps to Another Record

Diesel fuel’s national average price climbed 3 cents to $2.803 a gallon and gasoline continued to soar, setting an all-time record for the second straight week with an 11.5-cent spike to $3.218, the Department of Energy said Monday.

May 22, 2007
Business, Logistics

Ceva Boosts EGL Offer to $2 Billion

Ceva Logistics said Monday it has made a new offer to buy EGL Inc., raising its per-share offer to $47.50 a share, or about $2 billion total.

May 21, 2007