All Entries in the "LOGISTICS" Category
FedEx Announces Higher First Quarter Earnings
MEMPHIS, Tenn. – / N2N / – FedEx Corporation (NYSE: FDX) announced that it expects earnings to be in the range of $1.05 to $1.25 per diluted share for the first quarter ending August 31, up 81% to 116% from $0.58 per diluted share a year ago. The company’s previous guidance for the quarter was [...]
TrafficLand® Adds L.A. & Orange County to Traffic Video Network
FAIRFAX, Va. – / N2N / – TrafficLand®, the largest authorized aggregator of live traffic video in the U.S., announced today it has completed an agreement with the California Department of Transportation (Caltrans) and Los Angeles County Metropolitan Transportation Authority (LACMTA). TrafficLand will install its video network equipment in the Caltrans Los Angeles and Orange [...]
House Introduces Bill to Allow C-TPAT Certification for Non-Asset 3PL’s
Washington – / N2N / – Rep. William Owens [D-NY23] introduced H.R. 5619, which will allow many non-asset logistics companies to obtain Customs-Trade Partnership Against Terrorism (C-TPAT) Certification. The Safe Port Act, which was passed after the 911 terrorist attacks specifically included non-asset logistics providers involved in the international supply chain to be eligible for [...]
Indian 3PL Market Set to Grow 25% and Reach US$ 3.6 Billion by 2012
New Delhi, India – / N2N / – According to our report “3rd Party Logistics Market in India”, country’s 3PL market is set for stupendous growth in the coming years as the companies need to strengthen their supply chain management and increase their market penetration. The 3PL market is expected to grow at a CAGR [...]
FedEx to Transport Endangered Sea Turtle Nests Away From Gulf Spill
NEW ORLEANS – / N2N / – The National Fish and Wildlife Foundation (NFWF) is proud to announce that FedEx Corporation (NYSE: FDX) is joining the efforts to protect sea turtle nests and eggs from potential impacts of the oil spill in the northern Gulf of Mexico. The company will be donating resources to transport [...]
FedEx Ground Announces New Chicagoland Facility at Grayslake
PITTSBURGH – / N2N / – As part of an ongoing national expansion, FedEx Ground, the small-package ground unit of FedEx Corp., (NYSE: FDX), is building a package sorting and delivery station that would be the fifth major facility for the company in the Chicago area. The 214,000 square-foot facility is to be built on [...]
Fluor Subsidiary Selected for Gulf Oil Spill Cleanup
IRVING, Texas – / N2N / – Fluor Corporation (NYSE: FLR) announced today that its Global Services’ subsidiary, Plant Performance Services (P2S), was selected by BP to execute two contracts to support its Gulf Coast cleanup efforts. P2S will be providing logistics, procurement and personnel support to BP in Alabama and Florida where cleanup activities [...]
Top 20 Reasons Truck Accidents are on the Rise
- / N2N / – The trucking industry is essentially the backbone of the American economy. Roughly 70 percent of all the nation’s commercial goods are transported in tractor-trailers each year. As more trucks hit the road, however, the rate at which they are involved in accidents rises accordingly. Roughly 400,000 collisions occur between passenger [...]
Rescued Lions Set Free After Complex Logistics
SAN FRANCISCO – / N2N / – Four lions, rescued by Animal Defenders International (ADI) from a Bolivian circus when the country banned the use of animals in circuses, will be landing today at San Francisco International Airport (SFO) and then heading on to a life of luxury at the ARK2000 sanctuary in Calaveras County. [...]
Billionaire Financier Applauds Obama’s Call for Natural Gas in Transportation
DALLAS – / N2N / – T. Boone Pickens today released the following statement in response to remarks by President Obama at the signing of the Presidential Memorandum on Fuel Efficiency Standards: “The President’s statement indicates that he clearly understands the national security and economic threats associated with our escalating dependence on foreign oil. He [...]
