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J.B. Hunt Transport Services Inc. reported record profit for the third quarter of $60.3 million, compared to $50.8 million in the same 2007 period. Revenue was $996 million, a 12 percent increase over the $892 million for the third quarter 2007. The company said the increase in operating revenue was primarily attributable to growth in its intermod...
Economic uncertainty and volatile oil prices dominated conversation over the last two days at an Asia Pacific supply chain conference in Singapore. One of the consequences of rising oil prices over the summer months was that supply chain experts from North American companies started eyeing the possibility of relocating manufacturing away from Asia to ...
The freight transportation services index fell 1.9 percent in August from its July level, following four consecutive monthly increases, the U.S. Department of Transportation抯 Bureau of Transportation Statistics reported Oct. 8. The index ended August at 110.8, down from the 112.9 at the end of July. The index peaked at 113.1 in November 2005. For ...
Con-way Inc. said in a regulatory filing on Friday that it has filed a lawsuit contesting a demand from the Central States multi-employer pension fund for $662 million in unfunded pension liability related to the closure of Consolidated Freightways Corp. in 2002. Consolidated Freightways, the biggest less-than-truckload carrier in the nation when it f...
Joe Phelan has been promoted to chief executive officer of DHL Global Mail, owner Deutsche Post World Net said. Phelan has served for more than two years as CEO of DHL Global Mail's Americas division. Before that he was chief operating officer and senior vice president marketing and commercial affairs. Global Mail is Deutsche Post's international ...
A strong showing by Democrats in national elections next month would likely mean quick passage of pro-union legislation and higher costs for the logistics industry, warned Herb Shear, chairman and chief executive of Pittsburgh-based GENCO Supply Chain Solutions. The U.S. House of Representatives passed the Employee Free Choice Act in 2007 to replace t...
The U.S. Department of Agriculture has awarded the University of Maryland at College Park, Md., a $172,000 grant to study the effect of alternative phytosanitary policies on invasive pest risks in imports and the implications for allocating federal surveillance resources. The USDA said researchers will analyze risk factors for pest introductions in im...
BDP Project Logistics said Wednesday it has opened a dedicated office in Beijing, the company's second in China. Headquartered in Singapore, BDP Project Logistics is a subsidiary of BDP International a global freight logistics and transportation management firms. BDP Project Logistics was established to provide customized services to support construct...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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