Parsippany-based Pinnacle Foods Inc. announced Thursday that D. Michael Wittman has been named chief supply chain officer and executive vice president, effective Nov. 2. According to the branded foods product company, Wittman will replace Tony Fernandez, who announced earlier this year his plans to retire. Wittman will report to CEO Bob…
Not since the Great Recession has the inventory to sales ratio been as high as it is today. Even in 2006, when upwards was the only direction, the inventory-to-sales ratio wasn’t this high. So either a correction is necessary, or something has changed to allow such a phenomenon to persist.…
Overall freight expenditures have continued to decline, according to Patrick Casey, vice president, fleet management at TTX, a privately owned rail car pooling company. Speaking at a recent ACT Research seminar, he said that exports and rail carload were again among the weakest sectors in the U.S. freight industry. “The…
FOR ALL THE excitement surrounding autonomous vehicles, most of the attention has focused on what the technology will mean for consumers who might finally be freed from the tyranny of the commute. No less revolutionary is what the technology might mean for mass transit and trucking. Granted, robo-trucks and self-driving buses…
If you’re on the hunt for a job, chances are good that getting a decent raise is part of your plan. Or at the very least, it’s worth doing some research to figure out what others doing similar work are getting paid, so you can make sure you’re getting what…
ATHENS, GA – The trailer refrigeration system manufacturer Carrier Transicold is setting its sights on natural refrigerant technology. The move it said surpasses current alternatives in terms of reducing environmental impact while voluntarily aligning with the U.S. Environmental Protection Agency’s (EPA) latest and more stringent refrigerant change listing for other…
The trucking industry will need to hire 890,000 drivers in the next decade to replace retirees and meet rising demand, and companies are already pushing up pay to avoid falling short, according to a new study by the American Trucking Associations. The industry group estimates that trucking companies will have…
You could say Green Bay-based Schneider has a lot of moving parts in its business, literally and figuratively. The futuristic concept of “truck trains,” the impact of regulations that vary from state to state and the pending possibility of the nation’s highways continuing to deteriorate are among the many issues…
INDIANAPOLIS, Sept. 30, 2015 /PRNewswire/ — Celadon Group Inc. (NYSE: CGI) has announced that one of its wholly-owned subsidiaries today purchased select assets of the truckload business of Tango Transport, LLC (“Tango”). According to the seller’s unaudited financial statements, the Shreveport, Louisiana-based company generated approximately $90 million in gross revenue…
TACOMA, Wash. — Interstate Distributor has launched Freedom, its self-dispatch program for owner-operators. Utilizing web-based technology, Freedom delivers flexibility and freight visibility for owner-operators to run their business as they choose, according to Interstate CEO Marc Rogers, who added that Freedom maximizes revenue potential while meeting and balancing the schedule…
