Thursday, July 17, 2014
POLA reported that total volumes were up 13.89 percent annually at 736,438 TEU (Twenty-foot Equivalent Units), which represents its highest TEU tally in a single month since September 2012, and POLB volumes were up 8 percent annually at 610,516 TEU, with June 2014 standing as the best June at the port since June 2007.
Posted on 07/17 at 09:38 AM
Cincinnati-based non-asset freight broker and third-party logistics (3PL) services provider Total Quality Logistics (TQL) recently announced it has opened a new sales office in Daphne, Alabama.
Wednesday, July 16, 2014
Company officials said that the objective of this healthcare-compliant FSL network is to reduce delivery time of medical device shipments and also to augment inventory visibility.
Posted on 07/16 at 10:56 AM
The House of Representatives voted by a 367-55 margin to approve H.R. 5021, the Highway Transportation and Funding Act of 2014, which will keep federal transportation funding intact through May 2015.
Tuesday, July 15, 2014
TIACA has applauded a move by U.S. regulators towards a more risk-based approach to air cargo screening.
Posted on 07/15 at 04:39 PM
Air Freight •
Air Cargo •
Commerce reported that June retail sales at $439.9 billion were up 0.2 percent over May and up 4.3 percent compared to June 2013, and the National Retail Federation said that June retail sales, which exclude automobiles, gas stations, and restaurants, were flat on a seasonally-adjusted and sequential basis for the second straight month in May, and saw a 3.0 percent unadjusted annual increase.
U.S.-bound waterborne shipments in June—at 1,195,872—were up 6 percent annually and were flat from May to June.
Posted on 07/15 at 09:50 AM
Global Trade •
The average price per gallon of diesel gasoline declined for the second straight week, falling 1.9 cents to $3.894 per gallon, according to data issued by the Department of Energy’s Energy Information Administration (EIA).
Posted on 07/15 at 08:53 AM
Diesel Prices •
Monday, July 14, 2014
Despite various factors working against it, United States 2013 third-party logistics (3PL) gross revenue again saw annual gains, up 3.2 percent over 2012 at $146.4 billion, according to data released by supply chain consultancy Armstrong & Associates.
While overall market conditions are not dire, there is a confluence of factors working together that need to be monitored in the trucking sector, according to the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR.
Posted on 07/14 at 10:16 AM