Wednesday, January 05, 2011
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 14.9 percent in October 2010 compared to October 2009, increasing to $70.6 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
The Institute for Supply Management reported today in its December Non-Manufacturing Report on Business that the non-manufacturing sector remained on a growth path for the 12th straight month. The ISM’s index for measuring the sector’s overall health—known at the NMI—was 57.1 in December, a 2.1 percent increase from November. Like the ISM’s Manufacturing Report on Business, a reading above 50 represents growth.
Regional less-than-truckload (LTL) transportation services provider Southeastern Freight Lines (SEFL) said this week it is rolling out a new subsidiary focused on providing expedited service and multi-modal transportation services throughout the U.S.
Freight transportation services provider ABF said this week that it is now offering shippers single-contact door delivery for service into the Dominican Republic.
Tuesday, January 04, 2011
In response to its growing healthcare business, UPS said it is opening up new facilities in Asia, Europe, Canada, and the United States that will serve as part of its global healthcare facility network.
Another week, another rise in diesel prices was again the theme, according to data released by the Department of Energy’s Energy Information Administration (EIA) this week.
During the Lame Duck Session of the 111th Congress, U.S. lawmakers voted to extend federal highway and transit funding through a continuing resolution through March 4.
Monday, January 03, 2011
The ISM’s Manufacturing Report on Business stated that the index the ISM uses to measure the manufacturing sector—also known as the PMI—was 57.0 percent in December, which was 0.4 percent higher than November.
Even though many facets of the industrial real estate market are not close to a full recovery, one area in which appears to be growing are markets with strong logistics infrastructure that serve as distribution hubs to regions with large populations
Wednesday, December 29, 2010
Much like its companion report focused on North America-based retail container ports, the Global Port Tracker report is calling for much improved 2010 volumes compared to 2009.