Monday, March 05, 2012
Maersk Line is replicating its “absolute reliability” model in the Asia-EU trade lane for shippers in the Transpacfic
The January NMI—at 57.3—is up 0.5 percent over January and is at its highest level since reaching 58.3 in January 2011. A reading above 50 represents growth.
The TCI, which reflects tightening conditions for hauling capacity and is comprised of various metrics, including capacity, fuel, bankruptcies, cost of capital, and freight, came in at 6.1 in January, which was down slightly from December’s 7.0 and snapped a three-month growth streak.
Posted on 03/05 at 11:11 AM
FTR Associates •
Company officials said this $2.2 million facility will be used to fuel the company’s fleet of CNG-powered trucks.
Brian Conrad, Executive Administrator, Transpacific Stabilization Agreement, says markets is "prone to wild swings"
Friday, March 02, 2012
Earlier today, Class I railroad carrier Union Pacific reported that Chairman, President and CEO James R. Young is taking a medical leave of absence while being treated for pancreatic cancer.
Data released today from ACT Research, a provider of data and analysis for trucks and other commercial vehicles indicated that Class 8 commercial vehicle preliminary net orders for February will come in around 22,500 units.
Carload volume—at 281,644—was down 5 percent annually and slightly behind the week ending February 18 at 281,989.
Thursday, March 01, 2012
Even with a slight decline from January, data released today by the Institute for Supply Management (ISM) indicates that manufacturing is on strong footing and still in growth mode.
Dealing with challenges and the unknown is considered a given for supply chain and logistics managers. When the unexpected happens, it is imperative that they are taking steps to manage risks in an efficient and proper manner. But according to a report from Accenture and the World Economic Forum, entitled “New Models for Addressing Supply Chain and Transport Risk,” that is not always the case.