Wednesday, July 11, 2012
The recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes means that most are now operating above break-even, said analysts with Drewry’s Container Research – a London-based industry think tank
The report is calling for July import cargo volume to increase 1.6 percent annually, with modest annual gains expected in subsequent months into the holiday shipping cycle.
Tuesday, July 10, 2012
After slow but steady improvement over the first half of this year, small business optimism soured considerably in June, said analysts at IHS Global Insight
Posted on 07/10 at 02:27 PM
Supply Chain •
The TCI, which reflects tightening conditions for hauling capacity and is comprised of various metrics, including capacity, fuel, bankruptcies, cost of capital, and freight, dipped 4.0 points from 9.1 in April to 5.1 in May, the most recent month for which data is available.
Posted on 07/10 at 09:30 AM
FTR Associates •
After seeing weekly declines for three months straight, diesel prices headed in the opposite direction this week, rising $3.5 cents to $3.683 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
At yesterday's Dispute Settlement Body (DSB) China said it was not in a position to accept the establishment of a panel requested by the United States, the European Union and Japan regarding its measures related to the exportation of rare earths, tungsten and molybdenum
Posted on 07/10 at 07:53 AM
Supply chain managers are becoming increasingly aware of “location, location,” said spokesmen for NAIOP, the Commercial Real Estate Development Association.
Monday, July 09, 2012
An ongoing trend of the economy flattening out was apparent in the most recent edition of the Cass Freight Index Report from Cass Information Systems.
This signing comes after a 30-month stretch in which funding for the nation’s transportation projects was kept intact by a series of 9 consecutive extensions, following the September 2009 expiration of the previous bill, SAFETEA-LU.
A Bloomberg report states that the four U.S.-based Class I railroads have asked the U.S. Court of Appeals to reverse the ruling, explaining that it could lead to a cumulative $10 billion or more in potential damages.
Posted on 07/09 at 09:13 AM
Rail Freight •