Diesel prices head up to start 2018, reports EIA

By LM Staff · January 3, 2018 Due in large part to cold weather throughout many parts of the country, the average price per gallon of diesel gasoline saw a significant increase this week, according to data issued by the Department of Energy’s Energy Information Administration (EIA). Rising 7 cents, the average price per gallon […]

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Report states that Home Depot expressed interest in acquiring XPO Logistics

Late last month, a report published in Recode indicated that two giants from different sectors, retailer Home Depot and global freight transportation and logistics services provider XPO Logistics, may be future teammates, with the report saying that Home Depot “held internal discussions in recent months about a potential acquisition bid for XPO. While neither company […]

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Exclusive interview: Northwest Seaport Alliance update

2017 was a good year for John Wolfe, CEO of The Northwest Seaport Alliance. Not only did the Alliance earn the highest West Coast ranking in Logistics Management’s “Quest for Quality” survey, but the man himself was saluted shortly thereafter by the Containerization & Intermodal Institute with the prestigious “Connie Award” for his achievements and […]

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New tax plan will not curtail port infrastructure investment

As we related at this time last year, the American Association of Port Authorities (AAPA), was keeping a watchful eye on what then President-elect Donald Trump would do about improving port infrastructure. That concern was heightened when it was announced that new tax cutting initiatives would soon be announced. Fortunately for logistics managers reliant on campaign promises, […]

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Air cargo continues to carry the day

While trans-Pacific ocean traffic was especially robust this past peak season, industry analysts were also impressed by the air cargo surge in the region. If this trend is to continue, however, the need for improved airport infrastructure is obvious. The Association of Asia Pacific Airlines (AAPA) notes that the solid expansion in international air cargo […]

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BTS reports a new all-time high for Freight Transportation Services Index

By LM Staff · December 15, 2017 The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) headed up 0.6% from September to October, following two months of sequential declines. According to BTS officials, the Freight TSI measures the month-to-month changes in freight shipments in ton-miles, […]

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Transportation equipment financing to remain an attractive option for truckers

By Patrick Burnson, Executive Editor · December 14, 2017 2017 was a strong year for the equipment finance industry. According to a recent study conducted by the Equipment Leasing and Finance Association, it marked the seventh consecutive year that businesses increased their spending on leases, loans and lines of credit for equipment investment.  Anthony Sasso, […]

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project44 introduces rail visibility API

Following a November rollout of a new truckload visibility offering designed to enable a smarter information flow across shippers’ supply chains, Chicago-based project44, a technology services provider offering standardized secure Web service API (application programming interfaces) integrations enabling 3PLs and shippers to connect with carriers in real time, is taking the same approach for freight […]

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