Monday, June 15, 2015
As was the case in April, data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, issued this week did not stick to its typical theme of flat or slight growth from April to May. Instead, it saw a fairly significant gain.
Posted on 06/15 at 09:54 AM
Global Trade •
The Department of Transportation’s Bureau of Transportation Statistics (BTS) recently reported that its Freight Transportation Services Index (TSI) dropped 1.8 percent from March to April, following a 1.7 percent increase from February to March.
Posted on 06/15 at 08:32 AM
Friday, June 12, 2015
The bigger, the better could serve as a accurate description of the third-party logistics (3PL) sector, given the increasing activity of large-scale 3PL-related acquisitions, coupled with the steady revenue growth the sector has seen and is expected to see in the future, too. That is a key takeaway of a new report issued this week by supply chain consultancy Armstrong & Associates Inc., entitled “Big Deal - 2014 3PL Results and 2015 Estimates.”
U.S. carloads were down 8.1 percent annually at 268,722, and intermodal volume was up 4.3 percent annually at 281,315 containers and trailers
International shippers in retail and manufacturing sectors may tap into new market intelligence on the regulatory landscape, FM Global said this week.
Posted on 06/12 at 07:43 AM
Thursday, June 11, 2015
Following a stretch of very modest retail sales gains in recent months, a more positive performance in May, based on data issued by the United States Department of Commerce and the National Retail Federation (NRF) could potentially pave the way for more meaningful gains in coming months.
Wednesday, June 10, 2015
A report issued today by the National Research Council’s Transportation Research Board (TRB) takes the freight railroad sector to task, stating that current federal railroad regulations have not “kept pace with the industry’s transformation” and need to be replaced with a system that better matches what is needed today.
Posted on 06/10 at 01:36 PM
Railroad Shipping •
In passing a Transportation and House and Urban Appropriations Development (T-HUD) appropriations bill yesterday, the United States House of Representatives received plaudits from the trucking sector for two provisions included in the bill’s language that the American Trucking Associations said “are critical for improving the safety and efficiency of the trucking industry.”
Posted on 06/10 at 10:16 AM
Tuesday, June 09, 2015
The most recent edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates point to closer levels of normalcy at United States-based retail container ports on the heels of a recently inked West Coast port labor agreement between the Pacific Maritime Association and the International Longshore & Warehouse Union (ILWU).
Posted on 06/09 at 10:53 AM
Port Tracker •
Following its April announcement that it planned to acquire Lyon, France-based 3PL Norbert Dentressangle SA for $3.53 billion, non asset-based 3PL XPO Logistics said yesterday that the acquisition has been made official.
Posted on 06/09 at 08:34 AM
XPO Logistics •