Latest News

Wintry Weather Cuts Into FedEx's Profit, Volume FedEx ExpressSevere winter weather cost FedEx $125 million in operating profit over the last three months, as unusual cold and snow and ice storms battered U.S. supply chains from December through February. In terms of freight volume, FedEx Express may have lost 40,000 packages a day and FedEx […]

‘Culture Is Critical’ in Today’s Hiring Market From left: Susan Pellechio, Staples; Mark D. Schweitzer, Archer Daniels Midland; and John Bowe, American Maritime Group.LONG BEACH, CALIF. — The transportation and logistics industry is dealing with “significant” issues surrounding human capital and succession planning, not just in the U.S., but on a global basis, said Tim McNamara, […]

‘Culture Is Critical’ in Today’s Hiring Market From left: Susan Pellechio, Staples; Mark D. Schweitzer, Archer Daniels Midland; and John Bowe, American Maritime Group.LONG BEACH, CALIF. — The transportation and logistics industry is dealing with “significant” issues surrounding human capital and succession planning, not just in the U.S., but on a global basis, said Tim McNamara, […]

Big Banks Offer New Services to Speed Freight Payments When Nebraska-based Daycos began automating its freight invoice processes in the 1990s, most of its customer base of moving and storage companies weren’t getting paid until 30 to 45 days after filing their invoices. Since then, CEO Brandon Day notes, Daycos’ billing process has decreased to […]

Big Banks Offer New Services to Speed Freight Payments When Nebraska-based Daycos began automating its freight invoice processes in the 1990s, most of its customer base of moving and storage companies weren’t getting paid until 30 to 45 days after filing their invoices. Since then, CEO Brandon Day notes, Daycos’ billing process has decreased to […]

Customization Key to Growth for Traditional Freight Payment Providers While wide-ranging financial institutions are becoming more active in automated freight payments, more traditional, often dedicated providers of such services such as Cass, Ultra Logistics and CT Logistics are surviving by focusing on the intricacies of managing customers’ transportation spending.  St. Louis-based Cass Information Systems is […]

Customization Key to Growth for Traditional Freight Payment Providers While wide-ranging financial institutions are becoming more active in automated freight payments, more traditional, often dedicated providers of such services such as Cass, Ultra Logistics and CT Logistics are surviving by focusing on the intricacies of managing customers’ transportation spending.  St. Louis-based Cass Information Systems is […]

Walker SCM Expands into Miami NEW YORK – Walker SCM, LLC, a minority-certified global transportation and logistics firm celebrating 25 years of service, proudly announces the opening of its new office in Miami, Florida. This state-of-the-art operations and warehousing space, which is conveniently located near Miami airport and area seaports, will cater to air and ocean… […]

Walker SCM Expands into Miami NEW YORK – Walker SCM, LLC, a minority-certified global transportation and logistics firm celebrating 25 years of service, proudly announces the opening of its new office in Miami, Florida. This state-of-the-art operations and warehousing space, which is conveniently located near Miami airport and area seaports, will cater to air and ocean… […]

China Has Much to Gain From Cutting Logistics Costs The transport industry and China’s trade will receive a major boost if the country’s efforts to improve its logistics performance are a success, senior 3PL executives believe. China’s Ministry of Commerce recently pledged to push through a series of new policies designed to reduce the country’s total […]