29th Annual Quest for Quality Awards: Truckload’s long distance recovery
Well, you wouldn’t know it by the scores, but the 30 winners represented in these five market sectors have just gone through a few of the toughest operational years of their existence.
By Michael Levans, Group Editorial Director
August 01, 2012
In fact, the number of winners in the category along with the overall scores have ticked up, marking an overall service improvement in this category according to LM readers.
Melton Truck Lines’ 50.62 score in Industrial & Heavy-Haul, FedEx Custom Critical’s 52.16 in Expedited, and Miller Transporters, Inc.’s 54.41 in Bulk Motor are three of the highest scores recorded in this year’s entire Quest for Quality survey.
2012 Quest for Quality Truckload Sponsors
Bulk motor carriers - Winner
Expedited motor carriers
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As was the case a month ago, the Global Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates is calling for annual import cargo volume gains at United States ports, as retailers gear up for the holiday season.
More than nine months after saying it was not for sale, Long Beach Calif.-based non asset-based third-party logistics (3PL) services provider UTi Worldwide has apparently changed its tune, with the company saying it has entered into a definitive agreement to be acquired by Denmark-based global 3PL DSV for $1.35 billion and $7.10 per share.
September carloads—at 1,417,750—were down 4.9 percent—or 72,597 carloads— annually, and intermodal—at 1,365,980 trailers and containers—was up 1.2 percent—or 16,272 trailers and containers.
Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest Container Forecaster report published by global shipping consultancy Drewry.
The NRF is calling for 2015 holiday sales to see a 3.7 percent annual gain to $630.5 billion, which comfortably outpaces the ten-year average of 2.5 percent.