Ceva Logistics to Lay Off Up to 173 Employees in Pennsylvania
Ceva Logistics will lay off up to 173 employees in early 2017, according to a Worker Adjustment and Retraining Notification Act letter sent to the Pennsylvania Department of Labor and Industry.
December 14, 2016Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Port of L.A. Sets New Cargo Record, Long Beach Lags Due to Hanjin Bankruptcy
Containerized cargo volume at the nation’s top two largest ports was mixed in November as Los Angeles continues to experience a record-breaking year and Long Beach suffers from the bankruptcy of the Hanjin Shipping Co.
December 14, 2016Analysis: Maersk Faces Rough Waters From Spare Capacity and Trump
For many folks, 2016 has been a year to forget, and the shipping industry is no exception. But looking ahead, A.P. Moller-Maersk A/S is determined to put a positive spin on things — maybe too positive.
December 13, 2016Small-Business Optimism Surges in November After US Election
Confidence among U.S. small businesses surged in November by the most since the spring of 2009 as companies grew decidedly upbeat about sales and economic prospects after the presidential election, a report from the National Federation of Independent Business showed Dec. 13.
December 13, 2016Swift Reports Mixed Fourth-Quarter, But Bright Outlook for 2017
Swift Transportation reported that the fourth quarter has been mixed so far, although there have been gains in volume versus late 2015 in the truckload and dedicated units. But the company is confident about 2017 being a favorable year, executives said Dec. 9 on a conference call for investors.
December 12, 2016Logistics Plus Acquires Intermodal Software Service
Logistics Plus Inc., based in Erie, Pennsylvania, has acquired Door Logistics, a software service that automates intermodal shipping functions, from SynchroNet Intermodal Services in Virginia Beach, Virginia.
December 7, 2016Wal-Mart to Invest Over $1 Billion on Logistics in Mexico
Wal-Mart de Mexico SAB, Latin America’s biggest retailer, will spend more than $1 billion to improve its logistics operations, a person with direct knowledge of the plan said.
December 7, 2016NTSB Rules Crew Was Likely Asleep During Fatal Arkansas Freight Train Crash
WASHINGTON — A fatal collision of two Union Pacific freight trains in Arkansas resulted from a fatigued engineer and conductor who were both likely asleep aboard one of the trains, federal investigators ruled Dec. 6.
December 6, 2016Teamsters Question Proposed New Stock Compensation Cap at XPO Logistics
The International Brotherhood of Teamsters is concerned about a proposed change at XPO Logistics that would increase the maximum number of shares it can issue as compensation 400%, from 500,000 shares to 2.5 million, the union wrote in a Dec. 1 letter to the company’s board of directors.
December 5, 2016Transport, Logistics Firms Use Workplace as Training Ground for Future Leaders
The skills needed to run a successful transportation company today are quite different from what was required in the past, and that has many firms turning to workplace training and education partnerships to find the right people to help them flourish in a fast-changing business environment.
December 5, 2016