Thursday, October 13, 2011
Earlier this week, Class I rail carrier CSX announced that work it has made significant progress with its National Gateway project, with work either completed or construction underway at one-third of the National Gateway’s clearance projects.
The Baltic and International Maritime Council in Copenhagen forecasts inflow of new container tonnage in 2011 to be at 1.3 million twenty-foot equivalent units
Wednesday, October 12, 2011
The most recent edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) brought home about the only consistent theme regarding the stalled economy of recent months: not much seems to be changing.
Company officials say this service will leverage Schneider’s more than 20 years of intermodal service into and out of Canada
Diesel prices headed down for the fifth straight week, falling 2.8 cents to $3.721 per gallon, according to the Department of Energy’s Energy Information Administration.
Tuesday, October 11, 2011
At a time when capacity tightness in some ways has become the new normal, the differences between fixed and variable capacity are different than they used to be in some ways, according to FTR Associates Partner Noel Perry.
UPS announced it will offer an innovative air freight container for healthcare products, providing a premium level of shipment monitoring and product protection for temperature-sensitive pharmaceuticals, vaccines and biologics.
Posted on 10/11 at 10:03 AM
Air Cargo •
Air Freight •
A consensus that has been oft-repeated lately is that Peak Season is likely to fall short of previously promising expectations. That was one of the main takeaways from a recent report published by the Tompkins Supply Chain Consortium, entitled Peak Season Trends and Strategies Survey Report.
Monday, October 10, 2011
Ocean cargo activity at the Port of New Orleans expanded earlier this month, with the announcements that CMA CGM and CSAV (Compañía Sud Americana de Vapores) have added New Orleans to the Gulf Bridge Express service, which links the Gulf Coast to the Caribbean and ports in Central and South America.
An excess of capacity on key routes, as well as poor discipline from carriers means that container shipping lines will not cover their cost of capital in 2011, and many will lose money once again.