Administration’s proposed changes to the Compliance, Safety, Accountability program closed last week, and several major trucking organizations and companies weighed in. The FMCSA is proposing to take yet another BASIC score public, one of several changes it’s proposing for the Safety Measurement System, which the agency uses to measure the…
Alan Alming, vice president of marketing at UPS Logistics & Distribution, spoke about 3D printing’s impact on future inventory management in a recent interview discussing how third-party logistics providers can help manufacturers with inventory management. One of his strongest points is that 3D printing will have a big impact on…
Venezuelan troops occupied a Caracas warehouse complex used by local food giant Empresas Polar and Nestle to distribute food and beverages, reported CNBC. The move follows months of accusations by President Nicolas Maduro that Polar, the country’s largest private employer, is working to sabotage the economy. The company denies this.…
Penney taps the Home Depot and Target pipelines that yielded current CEO Marvin Ellison. J.C. Penney Co. Inc. is beefing up its leadership team with new e-commerce and supply chain executives as it pursues a strategy to blend online and offline channels. Both hires come to Penney with extensive experience…
While some companies operating solely in the U.S. are grasping a hold of transportation visibility and freight process management, many companies that work on a global scale are struggling to achieve true freight process management visibility. Among the causes are trade management including import/export compliance restrictions, the high cost of business…
Truckload carrier Celadon Group Inc. announced that it has appointed Paul Will as chairman and CEO and Eric Meek as president and chief operating officer. Prior to the changes, Will was president, CEO and vice chairman and Meek served as executive vice president and COO. Founder Stephen Russell, who was…
Old Dominion Freight Line Inc. announced revenues increased 8.4 percent to $762.2 million for the second quarter of 2015 from $703.0 million for the same quarter of 2014. Net income was $85.6 million for the second quarter of 2015, a 15.9 percent increase from $73.8 million for the second quarter…
Thieves have turned to identity theft and sophisticated fraud to steal drugs, electronics, and food right off the loading dock, according to FortuneMagazine. The biggest target, surprisingly to some, is food, which can be sold back into the supply chain through unscrupulous distributors. “I’ve never seen a serial number on…
As companies seek to develop a foothold in new markets or source from lower-cost countries, supply chains are being stretched with tighter demands on cost, transit time and quality. These business models introduce new challenges, including multiple modes of transportation, customs, different currencies, several languages, laws, carriers and more importantly,…
Paccar Inc. reported a record profit in the second quarter as truck sales continued to rise in North America and Europe. The truck and engine maker said its net income climbed to $447.2 million, or $1.26 per share, up from $319.2 million, or 90 cents, a year ago. Revenue at…
