logistics
Business, Logistics

Some Shippers Implement Longer Payment Policies

Payments Chart

Some shippers are taking longer to pay freight bills, forcing carriers and brokerage firms to accept either discounts on invoices paid within a shorter payment cycle or to absorb additional expenses associated with extending credit to customers.

Daniel P. Bearth | Staff Writer
June 27, 2017
Business, Logistics

FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground

FedEx truck Christopher Dilts/Bloomberg News

FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.

Ari Ashe | Staff Reporter
June 26, 2017
Government, Business, Logistics

Illinois County Hires Former State DOT Secretary to Push Freight Plan

Former Illinois Department of Transportation Secretary Ann Schneider was unanimously hired by the Will County board June 16 to implement the Community Friendly Freight Mobility Plan that she helped create after amending her proposed contract.

Susan DeMar Lafferty | The Daily Southtown (Tinley Park, Ill.)
June 20, 2017
TCA

Plan Seeks to Create North Florida Regional Intermodal System

valerierenee/Flickr

A strategic plan unveiled late last month provides the framework for creation of an integrated system transporting goods in a four-county region in Florida, including Gulf.

Tim Croft | The Star (Port St. Joe, Fla.)
June 9, 2017
Logistics

Former Football Player Sees Success Off the Gridiron at ITS Logistics

ITS Logistics

Mike Crawford, a former player in the National Football League, has been promoted to run freight brokerage at ITS Logistics.

Transport Topics
June 6, 2017
Logistics

Saddle Creek Logistics Plans for CEO Transition

Saddle Creek Logistics Services CEO Cliff Otto plans on retiring, and current Chief Financial Officer Mark Cabrera is being groomed for the job, the company announced.

Transport Topics
June 2, 2017
TCA

Growing Illinois Logistics Hub Gets Pushback From Locals

cobalt123/Flickr

Jinny Eken apparently has gone the extra mile to keep her quiet residential neighborhood in unincorporated New Lenox Township safe from truck traffic.

Susan DeMar Lafferty | The Daily Southtown (Tinley Park, Ill.)
May 23, 2017
Business, Logistics

GlobalTranz Acquires Logistics Planning Services

Freight broker GlobalTranz Enterprises Inc. acquired Logistics Planning Services, also a freight brokerage, in a move that significantly increases its market share in third-party logistics services.

Transport Topics
May 19, 2017
Business, Logistics

SCI Handling Canadian Distribution for John Paul Richard

Third-party logistics firm SCI announced it is handling the Canada-wide distribution of clothing retailer John Paul Richard’s products as soon as shipments arrive in Vancouver, British Columbia, from Asia.

Transport Topics
May 15, 2017
Business, Logistics

Radiant Logistics Posts $396,000 Profit, Beating 2016 Levels

Radiant Logistics made $396,000 in profit in the fiscal third quarter, representing January through March 2017, reversing a $2.2 million loss one year ago.

Transport Topics
May 10, 2017

Pages