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By MMH Staff · August 12, 2015
Acquisition intended to create one of the largest packaging tool repair facilities in the Midwest.
By LM Staff · August 11, 2015
At an average of $2.617 per gallon, the price was down 5.1 cents compared to last week, with prices dropping a cumulative 29.7 cents going back to the week of May 25, when the average price was at $2.914 per gallon.
By Jeff Berman · August 11, 2015
Over the last several months, there has been a spate of merger and acquisition (M&A) activity centered around deals with an emphasis on large truckload brokerages. On the surface deals like these makes sense for more than a few reasons, given the vast carrier reach that the large brokerages have, coupled with strong technology platforms, and shipper relationships across a wide swath of industries.
By MMH Staff · August 10, 2015
Integrated fulfillment system encompasses best-of-breed WMS and TMS functionality.
By MMH Staff · August 10, 2015
Winners come from food service, automotive, and furniture industries.
By MMH Staff · August 10, 2015
Expansion will also house medical center for associates and headquarters for Toyota Material Handling North America.
By Jeff Berman · August 10, 2015
The USPS reported today that it had a $586 million net loss for the fiscal third quarter, which represents a $1.4 billion reduction compare to a $2 billion net loss for a same quarter a year ago. For the fiscal first and second quarters, the USPS had $754 million and $1.5 billion net losses, respectively.
By Jeff Berman · August 10, 2015
Seasonal cargo flows appear set to take hold for United States-based retail container ports even with a glut of Transpacific trade capacity, according to the most recent edition of the Global Port Tracker report by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
By MMH Staff · August 10, 2015
June 2015 shipments up 3.1% when compared to June 2014 sales.
By Patrick Burnson · August 7, 2015
This week APICS Supply Chain Council (APICS SCC) released findings from its latest industry report, Supply Chain Leadership Report: Many Styles Generate Success, which examines critical success factors of a supply chain leader, including his or her attributes, leadership style and ability to formally and informally influence a multitude of stakeholders.
By Jeff Berman · August 7, 2015
Carloads decreased 6.5 percent––or 95,295 carloads––to 1,376,411 compared to July 2014, and intermodal saw continued gains in July at 1,331,888 containers and trailers, which marked a 3.5 percent––or 45,538 units––increase.
By Jeff Berman · August 6, 2015
XPO Logistics, a non asset-based 3PL, reported strong second quarter earnings last night, with total gross revenue rising 109.3 percent annually to $1.2 billion and net revenue up 317.2 percent to $508.6 million. Even with the gross revenue and net revenue gains, XPO had a $78.8 million net loss compared to a net loss of $13.8 million for the second quarter of 2014.
By MMH Staff · August 5, 2015
Demand for protective packaging is expected to grow because of an increase in its usage in e-commerce.
By Jeff Berman · August 5, 2015
Employment, business activity, production and new order indexes set new records, some of which go back to 2004.
By Jeff Berman · August 5, 2015
Second quarter total volume—at 4,362,049 containers and trailers— was up 4.5 percent annually, IANA reported. Domestic containers—at 1,690,190—were up 3.5 percent, and international containers—at 2,270,328—were up 6.8 percent. All domestic equipment at 2,091,721—was up 2.2 percent, and trailers dropped 3.1 percent to 401,531.

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