Tuesday, July 28, 2015
Josh Green, CEO of Panjiva, an online search engine with detailed information on global suppliers and manufacturers, said despite the recent trends coming out of China, it is important to remember is that on a big picture level, its impact on the global economy is big and growing.
Posted on 07/28 at 12:29 PM
Global Logisitcs •
Diesel gasoline’s average price per gallon dropped for the ninth week in a row, according to data issued by the Department of Energy’s Energy Information Administration (EIA) this week.
Posted on 07/28 at 10:17 AM
Diesel Prices •
Citing currency exchange rates and lower fuel surcharges, second quarter revenue for transportation and logistics titan UPS dropped 1.2 percent to $14.1 billion, the Atlanta-based company reported today. Even though revenue was slightly down, earnings per share saw a 12 percent annual gain at $1.35, which was above Wall Street estimates of $1.27.
Posted on 07/28 at 09:33 AM
Monday, July 27, 2015
The U.S. Department of State maintained Thailand’s Tier 3 ranking, the lowest category, in its annual Trafficking in Persons (TIP) Report, which was released this week.
Between a consumer-led revolution, competition from Amazon, international sourcing, and port shutdowns, retail supply chains are challenged like never before. A new e-book and self-assessment tool offer benchmarks and insights into how supply chains can keep up with the retail consumer.
Posted on 07/27 at 01:30 PM
Friday, July 24, 2015
Following heavy investment in 2014, many users of supply chain software have backed off from spending as they settle into their new systems. Nonetheless, the software market continues to steadily grow as concerns fall away.
Carloads dropped 7.3 percent annually to 277,331, and intermodal rose 2.3 percent to 273,850.
Thursday, July 23, 2015
The ongoing friction between rail shippers and freight railroad carriers is front and center at the Department of Transportation’s Surface Transportation Board (STB) this week, with a hearing on railroad revenue adequacy.
Posted on 07/23 at 02:06 PM
The most recent edition of the Shippers Condition Index (SCI) from freight transportation consultancy FTR provided some good news for shippers, with some signs of improvement in overall market conditions.
Posted on 07/23 at 10:03 AM
Wednesday, July 22, 2015
Reports are indicating UPS is in talks with to acquire Chicago-based transportation management services provider Coyote Logistics for $1.8 billion.
Posted on 07/22 at 03:26 PM