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“Pretty normal” YRC suffers 2017 loss to $10.8 million compared with $21.5 million gain in 2018

BusinessBy Brian BatemanFebruary 2, 2018Leave a comment

​YRC Worldwide, parent of long-haul YRC Freight and three regional LTL carriers, fell back into the red last year as it battled a red-hot freight market with sharply higher costs related to purchased transportation, equipment shortages and higher salaries to keep those trucks operating with sufficient drivers.

AAR reports annual gains for U.S. rail carload and intermodal volumes for week ending Jan. 27

BusinessBy Brian BatemanFebruary 2, 2018Leave a comment

Carloads increased 1.1% annually to 260,993, and intermodal containers and trailers saw a 6.9% annual gain to 282,522.

FTR’s Shippers Conditions Index shows modest improvement but remains in negative territory

BusinessBy Brian BatemanFebruary 2, 2018Leave a comment

For November, the most recent month for which data is available, the SCI came in at -8.9, which is down from, and an improvement over, October’s -9.6. September and August came in at -8.2 and -6.7, respectively.

State of Global Logistics: Delivering above and beyond

BusinessBy Brian BatemanFebruary 1, 2018Leave a comment

Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. And, the right technology will play an increasingly vital role in driving efficiencies across the global logistics network.

Intermodal volumes are strong to finish 2017, reports IANA

BusinessBy Brian BatemanFebruary 1, 2018Leave a comment

Both fourth quarter and full-year 2017 intermodal volumes turned in strong performances, according to data in the most recent edition of the Intermodal Market Trends & Statistics Report, which was released by the Intermodal Association of North America (IANA).

ISM reports that manufacturing output is off to a strong start in 2018

BusinessBy Brian BatemanFebruary 1, 2018Leave a comment

The report’s key metric, known as the PMI, was 59.1 (a reading of 50 or higher indicates growth) in January, which was down 0.2% from December’s reading. This marks the 17th straight month that the PMI has grown, with the overall economy growing for the 104th consecutive month.

UPS sees growth for Q4 and full-year 2017 earnings

BusinessBy Brian BatemanFebruary 1, 2018Leave a comment

Quarterly revenue was up 11.2% at $18.8 billion, while earnings per share at $1.67 topped Wall Street estimates of $1.67, and full-year earnings per share at $6.01, with full-year revenue up 8.2% annually at $65.8 billion.

The Future of Retail Distribution

BusinessBy Brian BatemanFebruary 1, 2018Leave a comment

Distributed order management, autonomous robots, blockchain and warehousing software are all working together to help retailers more effectively manage their end-to-end supply chains.

LMS Provides Continuous Workforce Saving For Years to Come

BusinessBy Brian BatemanFebruary 1, 2018Leave a comment

This white paper demonstrates how LMS has proven to be an effective tool for retailers in their DCs.

Navigating the Reverse Supply Chain for Connected Devices

BusinessBy Brian BatemanFebruary 1, 2018Leave a comment

The Internet of Things will change the way supply chains manage the lifecycle of products, as a slew of new connected devices come to market. The cell phone industry offers a model for how to handle connected products that are chock full of private, personal data.

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