DSV announces acquisitions of S&M Moving Systems West and Global Diversity Logistics
Logistics Management
by jberman@peerlessmedia.com
1y ago
DSV said that the objective of these acquisitions are three-fold: to augment its position within the semiconductor industry; align with its new Phoenix-Mesa Gateway Airport operations; and support its growing cross-border services into Latin America. It added that these acquisitions are expected to be made official next month ..read more
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More than 150 companies participate in the 2023 MHI Innovation Awards
Logistics Management
by bridgetmc@earthlink.net
1y ago
Four finalists were chosen as the most innovative products in each of their respective categories: Best New Innovation, Best Innovation of an Existing Product, and Best IT Innovation based on concept, value, and impact ..read more
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Biggest gets bigger: Knight-Swift buying USX for $808 million in huge TL deal
Logistics Management
by bridgetmc@earthlink.net
1y ago
Phoenix-based Knight-Swift Transportation, already the biggest player in the TL market at $4.5 billion revenue last year, is buying Chattanooga, Tenn.-based U.S. Xpress, which ranked ninth in TL revenue last year at $2.2 billion. The deal is valued at $808 million, including assumption of $484 million of debt ..read more
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ATA has ‘grave concerns’ that EPA may allow California-type air quality rules on heavy trucks
Logistics Management
by kwho@ehpub.com
1y ago
The American Trucking Associations (ATA) expressed what it called its “grave concerns” about media reports that the Environmental Protection Agency (EPA) may be on the verge of granting the state of California waivers to implement potentially harmful and unrealistic emissions rules on the industry. Under California rules, new Class 8 heavy truck models would be zero-emission next year. Diesel and gasoline-powered drayage trucks must retire after 18 years to guarantee that they meet a zero-emission requirement by 2035 ..read more
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National diesel average falls 6.2 cents, to $4.185, reports EIA
Logistics Management
by kwho@ehpub.com
1y ago
The national average decreased 6.2 cents, to $4.185, following a 3.5-cent decline, to $4.247, for the week of March 13 ..read more
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Warehouse/DC Automation & Technology: It’s “go time” for investment
Logistics Management
by bridgetmc@earthlink.net
1y ago
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and related technologies that are revolutionizing how warehouse and DC operations work ..read more
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ProMat 2023 officially opens for business
Logistics Management
by bridgetmc@earthlink.net
1y ago
Ready to welcome a steady incoming flow of conference attendees, introduce the world to a host of new industry innovations and provide a full lineup of fun events all week long, ProMat 2023 opened its doors to the world at 10 a.m. CST this morning ..read more
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POLA and POLB report February volume declines
Logistics Management
by bridgetmc@earthlink.net
1y ago
The Port of Los Angeles reported that February volume—at 487,846 TEU (Twenty-Foot Equivalent Units)—were down 43% compared to February 2022. The Port of Long Beach reported that total February volume—at 543,675 TEU—dropped 31.7% annually ..read more
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FTR Trucking Conditions Index shows solid sequential improvement, to start 2023
Logistics Management
by bridgetmc@earthlink.net
1y ago
For January, the most recent month for which data is available, the TCI came in at -1.71, a significant improvement over December’s -6.1 and November’s -7.94. That was preceded by October’s -11.25, its lowest level since the April 2020 all-time low, at -28.66. The September TCI reading came in at -2.35 ..read more
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U.S. rail carload and intermodal volumes are down for the week ending March 11, reports AAR
Logistics Management
by kwhorisk@ehpub.com
1y ago
Rail carloads—at 229,246—fell 1.5% annually, and intermodal containers and trailers—at 229,383—fell 13.0 ..read more
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