Logitech, the computer peripherals company, announced a 15 percent reduction in salaried work force as a result of reduced demand and the continuing economic downturn. With this in mind I…

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Even though capital expenditures are being reduced or kept at current levels due to the shaky economy, one core competency that shippers are still investing in is IT. And according to a report from AMR Research this expenditure is not likely to abate anytime soon, with the firm predicting an annual 7 percent compound annual growth rate through 2012.

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Ryder System recently announced it has completed its acquisition of the assets of Transpacific Container Terminal Ltd. (TCTL) and CRSA Logistics Ltd. (CRSA).

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The condition of the fledgling healthcare business of UPS remains in good stead, as the company announced today it has been selected by pharmaceutical manufacturer Merck & Co. Inc. to manage a “significant portion” of Merck’s U.S. distribution of pharmaceuticals and vaccines, as well as provide package transportation services.

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Reacting to news that the Transpacific Stabilization Agreement (TSA) is seeking federal approval for “capacity management,” the nation’s leading freight intermediaries group told LM it is ready to fight.

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Citing an “economic downturn,” Evergreen Shipping Agency (America), agents for Evergreen Marine Corporation, today announced that the company will consolidate some North America offices and reduce staff.

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The following are analyzed for the world LXI test and measurement equipment market: revenue forecasts,challenges, market and technology trends, and competitive analysis

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The news that New Mexico Gov. Bill Richardson has withdrawn his nomination to become Commerce secretary, came as a disappointment to the National Association of Manufacturers (NAM), who regarded the candidate as “pro-business.”

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An Associated Press report noted that a federal commission created by the U.S. Congress is calling for a 50 percent raise in the federal motor fuel tax.

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Over this holiday period more companies than ever have extended their normal shutdown. This has left workers with an unpaid vacation but nothing in their paycheck. The big three US…

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