29th Annual Quest for Quality Awards: Ports’ top gateways for service
Due to the critical role our nation’s gateways play in the growth of global trade, the staffs of Peerless Research Group (PRG) and Logistics Management felt the need to bring the Ports category back to the Quest for Quality Awards survey after a more than 10-year hiatus.
By Michael Levans, Group Editorial Director
August 01, 2012
Due to the unique service our nation’s ports offer, we needed to create a separate set of attributes for the category with the help of port executives and shippers. From this year forward, U.S. ports will be measured based on Ease of Doing Business, Value, Ocean Carrier Network, Intermodal Network, and Equipment & Operations.
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Satish Jindel, president of Pittsburgh-based SJ Consulting, says that one way for LTL carriers to improve both their bottom lines and overall productivity is to get a better grasp on the cost of handling a shipment and the pricing they have for it.
Falling 5.5 cents to $2.668 per gallon, this follows last week’s 5.9 cent decline for the lowest weekly average price going back to the week of October 14, 2009, when it was at $2.60 per gallon.
With the latest round of Trans-Pacific Partnership (TPP) negotiations in Maui, Hawaii ending without a deal, U.S. supply managers may be adjusting to other global sourcing strategies.
The PMI, the ISM’s index to measure growth fell 0.8 percent to 52.7 (a PMI of 50 or greater represents growth). PMI growth has been at 50 or higher for 31 straight months (with the overall economy growing for 74 months), and the current PMI is 1.7 percent below the 12-month average of 54.4.
The current status of FedEx’ planned acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which was initially announced in April, remains in flux, with continued actions being taken by the European Commission.