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Stifel Logistics Confidence Index indicates possible air freight slow down
27/Aug/2014 by Cathy Roberson.
Uncertainty in the global market continues with the latest Stifel Logistics Confidence Index indicating a dip of 0.4 points in the overall measurement to 55.7. While the present situation remained positive, gaining 1.2 points from July to 53.5, the expected situation for the next six months stumbled 2.0 points to 57.9.... read more
A growing dichotomy among US trucking providers
25/Aug/2014 by Cathy Roberson.
The trucking environment is indeed difficult and a dichotomy among the large trucking providers is developing. Take for example YRC Worldwide
and Old Dominion
. YRC Worldwide, beset with financial troubles, struggling to regain traction while Old Dominion continues to put up double-digit growth rates.... read more
Improving conditions for Li & Fung
21/Aug/2014 by Cathy Roberson.
Half year 2014 results indicate good news for Li & Fung
and perhaps for retail sales in general.... read more
Who's responsible for the package contents?
18/Aug/2014 by Cathy Roberson.
In what is proving to be the makings of an interesting court case, FedEx
finds itself the focal point of an US Justice Department probe into the privacy of consumers, the US healthcare system and the role of e-commerce and the responsibility of the small parcel provider.... read more
FedEx and UPS expand domestic reach within China
14/Aug/2014 by Cathy Roberson.
According to Reuters, FedEx
have received additional licenses to operate within China’s huge domestic express package market, allowing both companies to significantly scale up their operations in this burgeoning market.... read more
Going "local" with parts sourcing
11/Aug/2014 by Cathy Roberson.
Going local is increasing within the automotive industry. The trend is shifting from sourcing from low-cost countries to sourcing closer to home as a means to not only reduce costs but also to reduce such risks as political, economic and weather-related.... read more
Singapore Post records revenue growth as its regional presence increases
07/Aug/2014 by Cathy Roberson.
’s revenue continues to rise in spite of the decline in traditional mail. The loss of such volumes has been made up by parcels and expanding activity in South East Asia. However the company continues to struggle with expenses.... read more
North American logistics and transportation mergers & acquisitions heats up
06/Aug/2014 by Cathy Roberson.
Over the course of this past week, North America has been the focus of nearly $2bn worth of mergers and acquisitions activity from XPO, Transforce
and Norbert Dentressangle
. The deals brokered have the potential to transform the business environment in which these companies operate.... read more
TransForce and Contrans acquisition - Good for the Canadian truckload industry?
04/Aug/2014 by Cathy Roberson.
The largest Canadian trucking company is about to become even bigger when the acquisition of Contrans is approved. According to Alain Bédard, Chairman, President and Chief Executive Officer of TransForce
, the purchase will extend TransForce’s reach into the construction, mining and energy sectors.... read more
XPO Logistics snaps up its 13th logistics company
04/Aug/2014 by Cathy Roberson.
can check off two more acquisitions in its short history. Since September 2011, it has made thirteen acquisitions with #12 and #13 being made just last week. These latest two deals, combined at $652m now allow the company to offer a complete supply chain solution.... read more
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