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Transportation Management: Page 127

Coyote Logistics to Become UPS Asset

UPS has entered into a definitive purchase agreement to acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company for $1.8bn from Warburg Pincus.

Robust Demand Reported for Warehouse, DC Space Near Top U.S. Seaports

Distribution centers near the nation's top seaports are bursting with consumer goods and other cargo - and that's before the Panama Canal extension opens next spring. Distribution center and warehouse occupancy levels have reached historic highs, while expensive construction and labor costs keep new development sparse in many seaport industrial real estate markets.

Canadian Ground Transportation Increases in Cost Between April and May

Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by 0.3 percent in May when compared with April results.

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How Truckload Marketplace Reduces Waste

Truckload marketplace Transfix is adding a new dimension to matching drivers with available loads, says CEO Drew McElroy. By making greater use of smartphones, McElroy says Transfix makes more efficient matches, which reduces empty miles and driver wait times.

Racing to Your Door: The Cutting Edge of E-Commerce Delivery

The race is heating up over who will dominate the world of "last-mile" delivery of online retail orders.

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Natural Gas Stations Predicted to Reach Almost 39,000 Over Next 10 Years

The total number of global natural gas refueling stations is expected to grow from 23,001 in 2015 to 38,887 in 2025, according to a Navigant Research report.

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C.H. Robinson Unveils Freightview TMS for Small, Mid-sized Businesses

C.H. Robinson has introduced Freightview, cloud-based transportation-management system (TMS) software for small and midsized businesses.

Transplace Launches Supply-Chain Consulting Practice

Transplace, the provider of transportation-management and logistics services and technology, has launched a supply-chain consulting practice.

UPS Worldwide Express Expands Network for Second Time in a Year

UPS Worldwide Express Freight has undertaken a second expansion of its service network this year.

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May Shippers Index Reflects Manageable Capacity Utilization

FTR's Shippers Conditions Index (SCI) for May, at -3.1, reflects the current manageable capacity utilization, which is expected to remain in place through 2015. As a result of improved capacity and low fuel prices, shippers are getting a welcome respite from rate increases. This environment should be maintained throughout the year. However, conditions affecting shippers will deteriorate in 2016 as the pressure from expected new regulations will put a significant drag on capacity.

On-time Performance in Container Trade Keeps Getting Better

Container service reliability made another steady improvement in June with the aggregate on-time performance for the three key East-West trades rising by 5.7 percentage points to extend the data-series record to 77.3 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

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Continued Decline Predicted for Rentals of Ocean Container Equipment

Container equipment rental rates came under renewed pressure in 2014 and by mid-2015 new dry freight pricing was at a ten-year low, whilst lease rates had fallen to an all-time low, according to the latest edition of the Container Leasing report published by global shipping consultancy Drewry.

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