BENTONVILLE, Ark. — Retail giant Wal-Mart Stores Inc. is looking to take over more of its supply chain, thereby reducing the cost of goods at its stores and passing the savings on to consumers.
OVERLAND PARK, Kan. — YRC Worldwide Inc. announced today that joint committees representing International Brotherhood of Teamsters leadership and YRC Worldwide management are being formed to address the company’s competitiveness and reentry into union pension plans.
WOODBRIDGE, N.J. — More than 95 percent of respondents reported that the transportation insurance market was flat or softer when compared during the first quarter compared to Q4 2009, according to the latest Transportation Insurance Pricing Survey. More than half believe that underwriting capacity has increased with more insurers active in the transportation market.
VAN BUREN, Ark. — Burton Weis has been promoted to the position of vice president, operations and is now an executive officer of USA Truck, the company reports. Chad Van Kooten, vice president, sales, has also been promoted to an executive officer position. Both promotions are effective immediately.
WASHINGTON — Congress is getting tougher on both borrowers and lenders blamed for inflating a housing bubble that, when it popped, plunged the nation into a severe recession two years ago.
DALLAS — John R. McManama, 57, has been elected to the position of Senior Vice President and Chief Financial Officer for Frozen Food Express Industries Inc., effective May 19. McManama previously assumed the role of vice president and interim CFO on Nov. 6, 2009.