Thursday, July 22, 2010
United States port security may be seeing some notable changes should legislation to be introduced by Senator Jay Rockefeller (D-WV) one day be signed into law.
Shippers using the EU’s biggest seaport may be hit with new surcharges next month. Serious operational problems and delays at the Euromax, ECT Home and ECT Delta terminals in Rotterdam these past three weeks have caused both delays and short-shipments of cargo to and from the Baltic and Scandinavian countries.
Despite an uneven economy, UPS earlier today reported strong second quarter results. The company said that quarterly revenue—at $12.2 billion—was up 12.7 percent year-over-year, and operating profit—at $1.4 billion—was up 56.6 percent. Earnings per share—at $0.84—were up 71 percent.
Posted on 07/22 at 07:58 AM
Wednesday, July 21, 2010
Even though various freight- and economic-related indices have lost steam in recent weeks, one which continues to chug along is the TransCore North American Freight Index.
Following its promising forecast made last month, the International Air Transport Association is reporting a significant surge in air cargo demand.
One of the emerging stories in the RFID market is the convergence of technologies around RFID. “Sensing and monitoring is beginning to take hold,” says Drew Nathanson, director of research operations for VDC Research Group, a Massachusetts based technology research firm.
Posted on 07/21 at 10:51 AM
Even though trucking capacity remains tight, an ongoing increase in Class 8 commercial vehicle orders and production remains strong, according to data released by ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Posted on 07/21 at 08:11 AM
Class 8 Trucks •
Tuesday, July 20, 2010
KPMG officials said bringing Grant Thornton’s supply chain practice into the fold strengthens KPMG's existing restructuring services practice in the automotive, pharmaceuticals, aerospace and defense and other manufacturing.
The number of global manufacturers shipping to the United States continued in June with a 1 percent gain, according to data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Located in Germany, the new facility features multiple integrated materials handling solutions to demonstrate business critical material flow scenarios.