Thursday, February 16, 2012
The uncertainty over the level of container freight rates in the next few months has severely disrupted trading on the freight futures market, said analysts at the Paris-based consultancy, Alphaliner.
February import cargo volume is expected to be down 6.8 percent on an annual basis, according to the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
Global third-party logistics (3PL) services provider MIQ Logistics recently announced that it has bolstered its EMEA (Europe, the Middle East and Africa) presence through an initiative centered on providing less-than-container (LCL) consolidation services from Istanbul, Turkey to New York.
UPS said this week it has acquired Brussels-based Kiala, a technology provider with a platform that allows e-commerce retailers (e-tailers) to offer consumers the option of having goods delivered to a convenient retail location.
Posted on 02/16 at 09:50 AM
Wednesday, February 15, 2012
APL Logistics today launched what it is calling “Simultaneous optimization” – a shipment planning platform that could change the way large freight buyers coordinate their transportation activities
Cargo activity at the Port of Los Angeles got off to a great start, with the port announcing earlier today that its January total of 698,715 TEU (Twenty-foot Equivalents) represents its best January ever recorded, topping January 2007, which reached 691,602 TEU.
Business conditions for shippers in December showed improvement from November but still represent a “somewhat adverse” environment, according to the most recent edition of the Shippers Condition Index (SCI) from freight transportation forecasting firm FTR Associates.
Entitled Averitt Retail Distribution Services, the company said that this group will provider retail shippers with “flow-through” and customized delivery services that meet retailers’ unique requirements.
Tuesday, February 14, 2012
Trade with China, Japan, and South Korea also helped California firms establish a new record high for merchandise exports in 2011
Posted on 02/14 at 07:18 PM
Global Trade •
January’s PCI dipped 1.7 percent after a 0.4 percent December gain and increases of 0.1 percent and 1.1 percent in November and October, respectively. With this decline, the PCI has seen growth in five of the last 11 months.