According to a new study conducted by the global strategy and marketing consultancy Simon-Kucher & Partners, price pressure is higher in the logistics industry than in other sectors – no matter the country.
DAT said that spot market freight volumes in its DAT North American Freight Index were down 16 percent annually in April, adding that April 2012 represented a record-high. Volumes for vanload, reefer, and refrigerated were down 20 percent, 10 percent, and 15 percent, respectively, compared to a year ago.
Senior economist reports calmer global economy, calls for regional policy innovation.
President Obama will ink a Presidential Memorandum that the White House said will “modernize the Federal infrastructure permitting process, cutting timelines in half for major infrastructure projects while creating incentives for better outcomes for communities and the environment.”
On Wednesday, May 22, the Senate Commerce Committee will hold a hearing on the recently announced nomination of Charlotte, North Carolina Mayor Anthony Foxx to be Secretary of Transportation.