Subscribe to our free, weekly email newsletter!



Looking back at NASSTRAC

By Jeff Berman, Group News Editor
April 22, 2011

As I expected, NASSTRAC 2011 was replete with terrific content and information. The fact is, had it not been I would have been shocked.

This year’s event had several different focus areas for shippers and carriers. I mean take your pick: HOS, CSA, capacity, infrastructure, fuel prices, truck size and weight, and Wall Street’s take on the market, among others. 

Given all these topics, one underlying theme was that things are slowly getting better. Yes, that has been a common refrain for a long while now but we need to take what we can at this point.

This is especially true when we look at what is happening with fuel in particular.

But back to NASSTRAC. Even with the tight capacity in the trucking market, many carriers in Orlando told me that “there is a lot of freight out there.” Based on the relatively flat readings of the Cass Freight Index and ATA tonnage readings in recent months, that is not in dispute but at the same time it would be nice to see some steady upward momentum for a sustained period.

Even with some things looking up, there is plenty to be concerned about as a shipper or a carrier, and the speakers at NASSTRAC hit the nail on the head in reading the tea leaves on various topics, including Jon Langenfeld and John Barnes taking a Wall Street analyst view of the transportation and logistics landscape in their excellent presentations, James Oberstar discussing infrastructure, John Cutler’s always excellent “Washington Update,” and the outstanding shipper and carrier panels, among other offerings.

Since I have returned from Florida, I have filed two NASSTRAC news items for http://www.logisticsmgmt.com Be su.re to expect more on the site and in the pages of LM for a little while. This conference gives me the gift of content and stories to chase, and I endeavor to cover my tracks and tell you what happened.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


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 November, which is the most recent month for which data is available, the SCI came in at -3.2. While this is still entrenched in negative territory, it represents an improvement over October and September, which were -5.5 and -6.6, respectively.

Total December shipments––at 1,150,810––were 3 percent better than November and up 5 percent annually. And total 2014 shipments––at 14,092,551––were up 5.61 percent, setting a new record for annual shipments during the time which Panjiva has been collecting this data since 2007.

The biggest story in the energy sector has to be the 30% decline in oil prices since June to a level not seen since the global recession cut a whopping 6% from global consumption back in 2009.

The challenge for air cargo operators to fill capacity, and the confidence to add capacity, remain the same as the demand curve for air freight services recovers.

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.

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