With a 2.9-cent increase, the average price per gallon for diesel now stands at $3.133 per gallon, marking the fifth consecutive weekly increase. During this period, the average has seen a cumulative 16.1-cent increase and it has gone up 9.1 cents since the week of April 9.
Based on news issued by the United States Department of Transportation, the TIGER program may have roared for the final time. The reason for that comes from a Notice of Funding Opportunity issued by the DOT to apply for $1.5 billion in discretionary funding through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary…Details
The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index dropped 1.1% from February to March to 110 (2015=100), following a 0.8% (revised from a 2.6% decline) January to February decline.
Global freight transportation and logistics services provider XPO Logistics Inc. announced two significant executive appointments this week, with the hiring of Kenneth Wagers as chief operating officer, a position in which he will oversee XPO’s operations in 32 countries, and former chief operating officer and transportation segment Troy Cooper earning a promotion to president, which…Details
Cushman & Wakefield report says there is no sign of slowing in the industrial real estate market
In the first quarter, Cushman & Wakefield said that United States industrial markets absorbed 56.9 million square feet, which marks the fourth strongest start to a year in the last 30 years, with 2016, a record year, and previous cycle highs in 2007 and 1999 seeing higher absorption rates.
CMA GGM said that the objective of this deal is to “grow its presence in the logistics sector, which is closely related to shipping.” And it added that the closing of this deal is subject to the completion of CEVA’s planned IPO on the SIX Swiss Exchange, which was announced on April 20, in addition…Details
Various uses of robots in the supply chain and the benefits those systems provide.
A leading industrial manufacturer with multiple warehouses across the globe needed to know when shipments were being delivered so they could adequately staff warehouses to meet volume demands.
Here are the six most important elements to consider when creating an item-specific supply chain strategy.
Are last-mile deliveries being left to ununiformed, lightly skilled, newly hired Uberesque drivers, despite technology upgrades and changing consumer demands?