Brian Dykes named UPS chief financial officer

UPS announced the appointment of Brian Dykes as executive vice president and chief financial officer on Tuesday. Dykes will begin his new role immediately, according to a news release from the Atlanta-headquartered company. He will also lead UPS’ global finance organization, which includes planning, treasury, tax, financial reporting, financial operations and investor relations. Dykes, 46,…

Beryl’s aftermath

Welcome to the WHAT THE TRUCK?!? Newsletter presented by Talon Logistics. In this issue, Houston begins recovery from Beryl, speed limiters delayed and more. Talon Logistics allows forward-thinking BCOs and Freight Forwarders to reduce their carbon footprint while achieving cost parity for Zero-Emission Vehicles. Find out more at TalonLogisticsInc.com/Sustainability. Beryl’s aftermath X A sharp turn…

Port of Singapore congestion raising spot market prices, report finds

Congestion at the Port of Singapore has slowed docking of trade vessels and boosted spot market prices. That is according to a recently published “Supply Chain Market Pulse” report by global consulting firm AlixPartners. It finds that the demand/supply dynamic for ocean trade has reversed in recent months. The June report says that while demand…