Friday, February 12, 2016
The Department of Commerce reported that January retail sales were up 0.2 percent compared to December and up 3.7 percent annually at $449.9 billion, and the NRF reported that January retail sales, which exclude automobiles, gas stations, and restaurants, rose 0.6 percent over December and 1.4 percent compared to January 2015.
On the freight shipments side, Cass reported that January shipments––at 1.025––trailed December by 1.3 percent and January 2016 by 0.2 percent. These declines were less than the 4.9 percent drop from November to December, though, and January shipments still topped the 1.0 mark for the 65th straight month in December.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) saw a 0.4 percent decline from November to December, its second straight decline on the heels of a 1.0 percent decrease from October to November.
Posted on 02/12 at 09:24 AM
Freight TSI •
Carloads saw a 11.7 percent annual decline at 241,680, and intermodal containers and trailers rose 10.5 percent to 262,830
Thursday, February 11, 2016
An amendment to the International Maritime Organization’s Safety of Life at Sea convention will go into effect requiring all shippers (importers and exporters) to certify and submit the Verified Gross Mass – the combined weight of the cargo and the container – to the steamship line and terminal operator in advance of loading the container aboard a vessel.
Posted on 02/11 at 04:32 PM
The Cudahy, Wis.-based company said it has refocused its LTL network standards as part of a move to further enhance service consistency, which it said will provide customers with better visibility to delivery dates and better work and collaborate with RRTS to better manage supply chain operations and economically manage transportation costs.
Wednesday, February 10, 2016
The Port of Oakland said that containerized import volume soared 75.76 percent last month from January 2015 totals.
Posted on 02/10 at 05:45 PM
As the pull of shopping online via mobile devices becomes ever more prevalent, recent research from transportation and logistics bellwether UPS shows that as more consumers shop online, they also bring with them specific preferences and guidelines, too.
Posted on 02/10 at 11:48 AM
In an 8-K filing with the Securities Exchange Commission this week, third-party logistics and freight transportation services provider XPO Logistics said it plans to retain the truckload business it acquired through its $3 billion October 2015 acquisition of freight transportation and logistics services provider Con-way Inc.
Tuesday, February 09, 2016
Even with expected import cargo volume declines in the coming months, the Port Tracker report by the National Retail Federation (NRF) and maritime consultancy Hackett Associates expects volumes to be up for the first half of 2016.
Posted on 02/09 at 02:45 PM
Port Tracker •