Business
American Trucking Associations reports in late March that the driver turnover at large truckload fleets sunk 10 percentage points to an annualized rate of 71%, the lowest point in six years. The rate at smaller fleets tumbled 16 points to its lowest level in five years.
“Continued declines in turnover rate reflects the overall choppiness of the freight market,” said ATA Chief Economist Bob Costello. “As inventory levels throughout the ...
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Gorilla Safety, provider of an innovative, proprietary and patented software solution that fully automates all aspects of fleet and safety management, announced today it is reviewing the current compliance model the Company uses to test its Electronic Logging Devices (ELD) products.
The company will be ...
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Coming on the heels of record volumes in January, Port of Los Angeles cargo traffic decreased in February compared to 2016. The timing of the Lunar New Year resulted in a significant amount of cargo being shipped in January rather than February.
February container volumes of ...
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Virgin Atlantic Cargo has reported revenues of over $217 million for 2016 as its freight volumes rose 1.8% in a challenging market environment.
Overall, the airline carried 218,000 tonnes of cargo across its international network offering customers direct services to major cities in the United States, ...
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Hapag-Lloyd shows substantial earnings contribution from synergies from its CSAV acquisition and OCTAVE cost-cutting program. Executives are predicting further synergies due to the merger with UASC.
Hapag-Lloyd closed the 2016 financial year with EBITDA of EUR 607.4 million (previous year: EUR 831.0 million) and an ...
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enVista, a leading global supply chain consulting and IT services firm, announces today that Henry Gorski has joined the enVista Europe, the Middle East and Africa (EMEA) team as ocean category manager. In this role, Gorski will be responsible for navigating enVista’s procurement goals on ...
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The American Equity Underwriters, Inc. (AEU) presented their Safety Awards at their annual conference late last year in Lake Oconee, Georgia and Diversified Port Holdings was the recipient of the Large Stevedore Safety Award.
AEU is the program administrator for American Longshore Mutual Association (ALMA), ...
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Kerry Logistics Network Limited, Asia’s leading logistics service provider, has won the Market Leadership in Business Logistics accolade at the HKIM Market Leadership Award (the ‘Award’) 2016 organized by the Hong Kong Institute of Marketing.
Entering its second year, the Award honors individuals and enterprises that ...
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AirBridgeCargo Airlines (ABC), already one of the world’s fastest-growing scheduled cargo airlines, is also developing a successful charter business based on demand for the unique capabilities of its Boeing 747 freighters.
In 2016, the airline saw a 47% YOY increase of charter flights using its 747 ...
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Rodolphe Saadé, appointed CMA CGM Chief Executive Officer, reveals that CMA CGM has maintained a positive core EFIT margin in the fourth quarter 2016 despite historically low freight rates.
CMA CGM is the world's third-largest container line. According to financial released in February, the French group ...
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