| In This July 2, 2009 Issue |
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Operation Pizza Surge was planned and executed in time for
the July 4th Independence Day holiday in the US to bring a slice of home
to US troops stationed in the Middle East. DHL and Uno Chicago Grill
joined with Pizzas 4 Patriots to deliver the 28,000 frozen pizzas
throughout Iraq and Afghanistan.
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The motor carrier marketplace remains challenging as the rate
of capacity exiting the market appears to be slowing. Volumes have not
increased sufficiently to take up the slack.
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New Jersey-based NFI has partnered with the non-profit
organization Medisend International in an on-going humanitarian effort
aimed at closing the widening gap between the availability of medical
resources and the increasingly urgent healthcare needs of residents of
developing countries.
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Freight traffic on US railroads remained depressed for the
week ended June 20 compared with the same period last year, the
Association of American Railroads reported.
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Hong Kong's Secretary for Commerce and Economic Development,
Rita Lau, and 10 other ministers responsible for World Trade
Organization (WTO) Doha Round negotiations issued a joint statement
calling on WTO members to resist protectionism and conclude negotiations
as soon as possible.
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UPS will have a majority stake in a new joint venture that
will acquire the small package operations of Unsped Paket Servisi San ve
Ticaret A.S., its existing service agent in Turkey.
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YRC Inc. announced the continuation of its “Confidence
Delivered” service program. The program is designed for new customers
and existing customers expanding their business with YRC.
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These articles were those most viewed in last week's
newsletter.
- YRC Gains Pension Deferral
YRC Worldwide (YRCW) announced it had finalized an agreement with
Central States, Southeast and Southwest Areas Pension Fund (known as
Central States) in which the company will provide real estate as
collateral in lieu of making pension contribution payments during the
second quarter of 2009.
- Port of Indiana Receives Wind Turbine Blade
Shipment
Port of Indiana-Burns Harbor received 94 giant wind turbine blades
bound for one of the world's largest wind farms under construction in
northwestern Indiana.
- Eaton Corp. Recognizes Southeastern Freight Lines
NTPP
Southeastern Freight Lines is the only motor carrier to receive a
Premier Supplier award this year from Eaton Corp., according to the
company.
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| Quick Poll |
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C. Inventories are lower than first quarter and above planned
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