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According to a Sept. 17 e-mail communiqué from the T. Boone Pickens organization, Wal-Mart Stores CEO H. Lee Scott has commissioned a study to determine the feasibility of converting the retailer's 8,500 trucks from diesel to natural gas.
According to a survey by WERC, the median 2008 compensation for general managers, traffic managers, office managers, and customer service managers has grown by double-digit percentages over 2006 levels.
In mid-June, the CEO of the nation's largest LTL carrier said prospects for a U.S. economic recovery in 2009 were dimming, effectively scuttling the trucker's hopes for a near-term firm-up in LTL revenue and pricing.
Hewlett-Packard Co. reportedly is shifting some of its intercontinental shipments from air freight to ocean to mitigate the impact of jet fuel prices and the generally higher costs of moving goods by air.
A September study of the nation's top 30 industrial real estate markets by ProLogis, reported a sharp contraction in construction activity through mid-year.
Rather than worrying about traffic snarls and customs delays, the supply chain community is concerned because, with the economy sagging, there hasn't been a peak shipping season to speak of.
Soaring fuel costs and security restrictions have pushed the air-cargo industry into retrenchment mode. Still, predictions of catastrophe seem premature.