Business, Logistics

Surveys Continue to Find Gaps in Logistics Technology and Service Capabilities

TT File Photo

New studies show that while progress is being made by third-party logistics providers to meet shippers’ desire for increased visibility of shipments, greater automation and faster response to supply chain disruptions, major gaps still exist in how technology is used and the extent to which shippers and 3PLs collaborate with transportation service providers to extract benefits from data analysis.

September 27, 2017
Business, Logistics

Some Shippers Implement Longer Payment Policies

Payments Chart

Some shippers are taking longer to pay freight bills, forcing carriers and brokerage firms to accept either discounts on invoices paid within a shorter payment cycle or to absorb additional expenses associated with extending credit to customers.

Daniel P. Bearth | Staff Writer
June 27, 2017
Business, Logistics

FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground

FedEx truck Christopher Dilts/Bloomberg News

FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.

Ari Ashe | Staff Reporter
June 26, 2017
Government, Business, Logistics

Illinois County Hires Former State DOT Secretary to Push Freight Plan

Former Illinois Department of Transportation Secretary Ann Schneider was unanimously hired by the Will County board June 16 to implement the Community Friendly Freight Mobility Plan that she helped create after amending her proposed contract.

June 20, 2017

Plan Seeks to Create North Florida Regional Intermodal System


A strategic plan unveiled late last month provides the framework for creation of an integrated system transporting goods in a four-county region in Florida, including Gulf.

Tim Croft | The Star (Port St. Joe, Fla.)
June 9, 2017

Former Football Player Sees Success Off the Gridiron at ITS Logistics

ITS Logistics

Mike Crawford, a former player in the National Football League, has been promoted to run freight brokerage at ITS Logistics.

June 6, 2017

Saddle Creek Logistics Plans for CEO Transition

Saddle Creek Logistics Services CEO Cliff Otto plans on retiring, and current Chief Financial Officer Mark Cabrera is being groomed for the job, the company announced.

June 2, 2017

Growing Illinois Logistics Hub Gets Pushback From Locals


Jinny Eken apparently has gone the extra mile to keep her quiet residential neighborhood in unincorporated New Lenox Township safe from truck traffic.

Susan DeMar Lafferty | The Daily Southtown (Tinley Park, Ill.)
May 23, 2017
Business, Logistics

GlobalTranz Acquires Logistics Planning Services

Freight broker GlobalTranz Enterprises Inc. acquired Logistics Planning Services, also a freight brokerage, in a move that significantly increases its market share in third-party logistics services.

May 19, 2017
Business, Logistics

SCI Handling Canadian Distribution for John Paul Richard

Third-party logistics firm SCI announced it is handling the Canada-wide distribution of clothing retailer John Paul Richard’s products as soon as shipments arrive in Vancouver, British Columbia, from Asia.

May 15, 2017