Montreal-based Class I railroad carrier CN said yesterday that its Board of Directors formally announced that CEO Luc Jobin has left the company, effective immediately, and replaced him with Jean-Jacques Ruest. Ruest, a 22-year CN veteran, will serve as interim president and CEO until a new, permanent replacement has been named, and he has served…
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The average price per gallon of diesel gasoline fell 2 cents to $2.992 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). This snaps a streak of seven stra
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Convey, an Austin, Texas-based provider of cloud-based technology that helps shippers connect disparate data and processes from parcel to freight and first to last mile, announced today it has rolled out new carrier scorecards and exception management tools for its shipper customers. The company said these new capabilities provide shippers a comprehensive analysis of carrier…
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It’s safe to say that nearly every logistics professional reading this issue is feeling the pressures that digital commerce has introduced into their operations. Indeed, e-commerce has brought with it both increased opportunity and complexity.
As e-commerce flourishes, product returns have become even peskier. At the same time, those in the third-party logistics space who aren’t afraid to get their hands dirty are helping shippers create new revenue streams by accommodating the booming demand.
We know e-commerce is reshaping logistics, but what are the technologies savvy managers can leverage to meet evolving requirements and shifting operational constraints? We’ve rounded up insights from leading analysts to share tools that are available now as well as what’s on the horizon.
UPS and FedEx again placed 1-2 in a prestigious new international survey of the most trusted and important brands in worldwide logistics. In the fourth year of London-based Brand Finance’s valuation of logistics brands, American-based companies filled out four of the top six slots and seven in the Top 25
The index ISM uses to measure non-manufacturing growth—known as the NMI––dipped 0.4% to 59.5 in February (a reading above 50 indicates growth), which is slightly below January’s all-time high NMI reading.
Executives for the neutral electronic transaction platform, INTTRA , announced that the software and information provider has expanded its ocean carrier network recently.
Mergers and acquisitions activities for ocean cargo carriers are likely to slow down in 2018, say industry analyts, as trend is likely to “pivot” to freight forwarders.