Wednesday, April 03, 2013
According to a Washington Post report, “CBP has postponed the elimination of furloughs to its employees and the elimination of overtime,” which came as a result of the Consolidated and Further Continuing Appropriations Act, 2013, which was signed into law last week.
Posted on 04/03 at 10:11 AM
Customs & Regulations •
Vast and sustained economic issues in Europe continue to plague growth, and the situation does not appear to show any meaningful signs of abating, according to the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics
Tuesday, April 02, 2013
The International Air Transport Association (IATA) released February data showing that air cargo maintained the modest improvement in demand that began in the fourth quarter of 2012.
Posted on 04/02 at 04:17 PM
Having something to base a wide amount of criteria in the 3PL sector can be challenging for shippers. The Gartner Group’s recent release of its Magic Quadrant for Global Third-Party Logistics Providers aims to help alleviate some of those challenges, which can help shippers to better understand 3PLs and their capabilities when evaluating and selecting a set of providers to meet their needs, according to Gartner.
Posted on 04/02 at 12:57 PM
Global Logistics •
A few weeks shy of their respective first quarter earnings announcements East Coast-based Class I railroads Norfolk Southern and CSX are feeling pretty good about their businesses.
The average price per gallon fell 1.3 cents to $3.993, according to the EIA.
Posted on 04/02 at 09:09 AM
Diesel Prices •
Monday, April 01, 2013
While some of its key metrics saw sequential declines, manufacturing growth continues to head in the right direction, according to monthly Manufacturing Report on Business from the Institute for Supply Management (ISM).
Friday, March 29, 2013
The terms were previously not available, but on March 19 ILA President Harold J. Daggett penned a letter to all ILA members covered by the Master Contract, with details on the new six-year contract from October 1, 2012-September 30, 2018.
Posted on 03/29 at 11:13 AM
Annual growth for the third-party logistics (3PL) market in 2013 is expected to be north of 6 percent, with much of current market activity centered around mergers and acquisitions, with many of the same underlying market fundamentals of 2012 still intact, according to Evan Armstrong, president of Armstrong & Associates.
The Association of American Railroads (AAR) reported this week that United States carload and intermodal volumes followed last week’s lead and were both up—rather than the months-long trend of mixed—for the week ending March 23.
Posted on 03/29 at 08:38 AM