Another surprising acquisition related to logistics: Delta announced on Monday that its wholly-owned subsidiary Monroe Energy LLC is acquiring the Trainer refinery complex near Philadelphia for $150 million (after $30 million in state government assistance). The company plans to invest an additional $100 million in infrastructure enhancements to maximize jet fuel production. Here are some excerpts from the press release:
“Acquiring the Trainer refinery is an… Continue reading
The current headlines about Walmart paying bribes in Mexico to obtain building permits has overshadowed (and tarnished) an important announcement the company made last week: the release of its 2012 Global Responsibility Report. The scope of the report is so broad — including initiatives related to the environment, diversity, associates, global supply chain, health and safety, and corporate giving — that it’s impossible to summarize it all… Continue reading
Lots of news to get to this week, especially related to global trade, so let’s get right into it:
One choice international shippers face is whether to sign long-term contracts with ocean carriers or use freight forwarders and pay spot market rates. In the current environment, spot market rates are often lower, but shippers may face a service penalty when capacity tightens. Just as airlines overbook, so do ocean carriers. However, while airlines reward those who give up their spot, ocean carriers don’t. In an overbooking situation, ocean carriers… Continue reading
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Guest Commentary: Why Core Carrier +1 Makes Your Truckload Strategy Ready for Anything
Not every surprise is a good one—especially when your customers, shipments, and transportation are concerned. But you can develop a comprehensive truckload plan so you’re prepared to handle just about anything. Here’s a simple formula that many successful shippers already use as a truckload strategy in any market environment.
Core Carrier +1 (or CC+1 for short).
Here’s how it works for companies that prefer to have both asset… Continue reading
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