Subscribe to our free, weekly email newsletter!


A respectable, but risky recovery.


May 19, 2010

Analysts with trade credit insurer Coface said it has raised its 2010 world growth forecast to 3 percent. Coface, which provides protection for businesses against financial failure by their customers, issued a report in April stating that the United States’ A2 rating is under positive watch. Given the strong performance of the U.S. at the end of 2009, Coface analysts revised their forecast upward to 2.3 percent. They warned, however, that the nation still had much to do before reaching its “pre-crisis” A1 rating. Furthermore, said analysts, there is some apprehension of a U.S. business slowdown during the year “due to a weakening of the favorable effects of the budget stimulus.” Meanwhile, Canada, Australia, and New Zealand are benefiting from the recovery in Asia, as demand for raw materials is ramping up. All three nations have been given an AI rating by Coface.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.

In recently issued research and data, JLL pointed out that its market data indicates rents are on the rise, with companies on the hunt for warehouse and distribution space.

U.S. Carloads were up 0.3 percent annually at 290,963, and intermodal at 260,893 containers and trailers dropped 2.4 percent compared to the same week last year.

Researchers say the ships are operating in international waters with a "worrying lack" of regulation, adding that they could pose a threat to regional peace and stability.

Compared to November, spot market freight volume was up 3.0 percent, according to the DAT North American Freight Index.

Article Topics

· All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA