Singapore Airlines Cargo and China Cargo Airlines have inked a deal to begin operating joint freighters services between Singapore Changi Airport and Shanghai Pudong International Airport on June 26.

The average retail selling price for a used Class 8 truck dropped to $48,643 in May, down 6 percent month over month, but 3 percent above the average price in May 2011. On a year-to-date basis, prices remained 13 percent above last year's pace.

Automobiles are selling again, and executives are confident. The U.S. auto industry is positioned for a global economic recovery - if car manufacturers can avoid repeating the mistakes of the past.

Over the next five years, the natural gas heavy-duty commercial vehicle market is set to experience rapid growth in North America.

The Offshore Group of Tucson, Arizona, has entered into a long-term relationship for the provision of outsourced manufacturing support, or "shelter," services in Mexico with UK-based manufacturer, J.J. Churchill Ltd. The British firm, a precision machinist for aerospace OEMs, will install production capacity in The Offshore Group's Roca Fuerte Industrial Park in Guaymas, Sonora, Mexico. The term of the contract between the two parties is for 10 years.

Rising transportation costs and tight truckload capacity are creating more opportunities for intermodal rail in 2012, according to logistics executives.

Northeastern U.S. states are sometimes depicted as not particularly business friendly. But that hasn't deterred some major companies from locating in the Keystone State recently, not least of which is Volvo Construction Equipment Americas. For one thing, Pennsylvania's location makes it very attractive for companies that must get product to customers in a huge portion of the country within a day. And a pocket in Franklin County, in the south central part of the state, is helping them do just that.

University College, the college of professional and continuing studies at the University of Denver, is offering a new major in global commerce and transportation, as part of its Bachelor of Arts Completion Program (BACP).

Total U.S. business logistics costs in 2011 rose to $1.28tr, a 6.6-percent increase from the previous year, accounting for 8.5 percent of the country's gross domestic product, according to the 23rd Annual State of Logistics Report, presented by the Council of Supply Chain Management Professionals and Penske Logistics.

International trade data indicates that U.S. import shipment volume for May, measured in TEUs, increased 5.6 percent from April and 3.5 percent from May 2011.