Tuesday, July 19, 2011
It appears to be the season for less-than-truckload rate hikes, with Con-way Freight, the LTL subsidiary of freight transportation and logistics services provider Con-way Inc., announcing it is raising its rates by 6.9 percent, effective August 1.
Monday, July 18, 2011
After the critical shortages of containers of last year, production has picked up again, but high container prices and a tight ratio of containers to vessel slots will continue to constrain the availability of boxes
Spot market truckload volumes in June were the second-highest ever recorded in 2011 and in the 15 years they have been tracked by TransCore, the company recently reported.
Global supply chain and logistics services provider CEVA Logistics recently held its first global Supplier Awards ceremony. CEVA said these awards were launched as “part of its relentless quest for excellence” and are designed to recognize “impeccable execution, commitment, and strategic alignment among” its supplier base. LM Group News Editor Jeff Berman interviewed CEVA CEO John Pattullo about these awards and current trends and issues in the global 3PL market.
Freight transportation and logistics services provider Pacer International Inc. recently announced that its Pacer Distribution Services (PDS) subsidiary has expanded into the Seattle region by leasing space in Sumner, Washington.
Compared to a year ago, volumes are down overall at both ports.
Sunday, July 17, 2011
The SaaS-based delivery will experience healthy growth through 2015, when worldwide revenue is projected to reach $21.3 billion
Friday, July 15, 2011
Carload volume—at 245,574—was down 3.2 percent year-over-year.
Coming off of April and May which saw 7 and 8 percent gains, respectively, in the number of waterborne shipments heading to the U.S., June saw a 1 percent decline from May to June at 1,030,363, according to Panjiva. On an annual basis, June shipments were down 4 percent compared to June 2010’s 1,076,015 shipments.
Thursday, July 14, 2011
As has been the case in recent months, stagnant economic growth has been on display in the form of monthly retail sales, and June was no exception, give the most recent batch of retail sales data from the United States Department of Commerce and the National Retail Federation (NRF).