Breaking NewsFamily Express Strengthens Supplier Relations through AutomationFamily Express, a chain of convenience stores and fueling centers with 52 retail locations, is pursuing operational supply chain efficiencies and productivity gains via the automation of traditional human processes with Osiris Innovations Group (OIG), a provider of supply chain management and supplier enablement solutions... YRC Reports Loss of $899 Million for 2009YRC Worldwide has reported a pre-tax loss of $899 million for the full year 2009, which compares to a pre-tax loss in 2008 of $1.14 billion. For the fourth quarter of 2009, the company announced pre-tax income of $50 million, compared to a loss of $353 million for the comparable quarter in 2008... Con-way Reports Net Loss of $110 Million for 2009Trucking and logistics company Con-way has reported a net loss of $110.9 million for 2009. Revenues for the year declined to $4.27 billion from $5.04 billion in 2008, primarily reflecting the effect of weak pricing driven by surplus trucking industry capacity... CN Plans $100-million Logistics Park in CalgaryCanadian National Railway (CN) plans to establish a new $100-million CN Calgary Logistics Park. The 680-acre park will include an intermodal terminal with room for customers to co-locate with CN and custom build their facility in place... Outlook Points to Higher Truck and Trailer Sales in 2011A stronger demand for freight will result in higher truck rates and better financial results for truckers in 2010 and higher truck and trailer sales in 2011. Meanwhile, 2010 tractor sales will be affected by the new EPA mandate, with higher sales in the first half and a second-half slowdown likely... Material Handling Management Headlines
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