Journal of Commerce--YRC Worldwide completed the $38.7 million sale of most of YRC Logistics to private equity firm Austin Ventures, which rebranded the unit as MIQ Logistics. Sealing the deal delivered... View More
Journal of Commerce--Air freight forwarding grew at nearly triple the rate of ocean forwarding in the first half of 2010, a sign of volatile swings in capacity following last year’s contraction in... View More
The Associated Press has reported that "he top executive at FedEx Corp. saw his total compensation package drop by about 4 percent in the latest fiscal year, an Associated Press analysis shows. President... View More
In the last issue of PARCEL Counsel, we analyzed the most commonly used terms of sale in the United States: F.O.B. Origin and F.O.B. Destination. In this issue, we will look at the terms of sale most commonly... View More
part•ner•ship (noun) a relationship resembling a legal partnership and usually involving close cooperation between parties having specified and joint rights and responsibilities Merriam-Webster... View More
Daily Breeze -- Retailers intent on restocking shelves and preparing early for the winter holiday season led to another jump in shipments in July at the ports of Los Angeles and Long Beach, officials said... View More
The Miami Herald -- A 46-member delegation from the Brazilian port of Santos -- the largest in Latin America -- visited the Port of Miami on Thursday, and Miami officials were eager to put their best foot... View More
St. Louis Business Journal -- YRC Worldwide Inc. has completed the sale of its logistics business to Austin Ventures for $38.7 million. The Overland Park, Kan.-based trucking firm (Nasdaq: YRCW) said Monday... View More
Los Angeles Times -- Southern California's twin ports enjoyed another burst of cargo traffic in July, but economists are concerned that the freight flurry won't last as consumers take a vacation from spending... View More
WASHINGTON — 8/16/2010 — In a move designed to maintain true value in a competitive shipping market, the U.S. Postal Service has asked the Postal Regulatory Commission (PRC) to reclassify... View More
I know our cover for this issue is a little different from what we normally choose — one could say it’s unconventional, even. But something about it stood out to me. It’s quirky,... View More
Choosing a parcel invoice auditing company can be a daunting task: the vendor base is limited, very few people truly understand the complexity of parcel billing, and even fewer know what to look for when... View More
The economy may be improving, but shippers are still looking for ways to cut costs without sacrificing quality. Today, more shippers are looking for alternatives to UPS and FedEx to fill the void after... View More
Cargo Business News -- The trans-Pacific shipping market is making more money thanks in part to rate increases by ocean carriers and a second quarter lift from China trade, but the U.S. economy is projected... View More
National Journal -- A new congressional proposal is designed to ensure a place for freight in planning infrastructure and transportation policy. Read more!... View More
The New York Times -- American exports faltered in June even as imports hit a record high, the Commerce Department said Wednesday, pushing the United States trade deficit to its highest level in 20 months.... View More
Journal of Commerce--Manufacturing, wholesale and retail inventories rose in June, reinforcing claims that the wave of goods restocking benefiting transport operators is slowing. Seasonally adjusted retail... View More
A motor carrier in Southern Virginia, FWC, shut down this week, ending a 30-year run as it struggled to rebuild business in the economic recovery, the Journal of Commerce reported. The company, located... View More
From GlobeNewswire: "SkyPostal Networks, Inc. has changed its name to SkyShop Logistics, Inc. to better reflect its positioning as a cross border shopping facilitator. Capitalizing on SkyPostal's efficient... View More
