Thursday, April 12, 2012
In an effort to augment challenges pertaining to over-the-road cross-border shipping, UPS said this week it has rolled out UPS Cross Border Connect, which it described as a ground freight service between the United States and Mexico focused on easing heavyweight freight supply chain challenges for companies investing in cross-border trade.
Wednesday, April 11, 2012
Peter Friedmann, executive director of the Agriculture Transportation Coalition met with Federal Maritime Commisssion Chair, Richard A. Lindinsky, last week to discuss confidential service contracts and their negative impact on U.S. exports
This slight increase comes on the heels of a 3.6 percent decline from December to January. The Freight TSI has seen sequential gains in five of the last six months.
Following four straight quarters of increasing turnover rates for truckload drivers at large fleets, data from the American Trucking Associations (ATA) found that the turnover rate in the fourth quarter declined, albeit very slightly.
Tuesday, April 10, 2012
Container shipping lines in the Westbound Transpacific Stabilization Agreement are recommending a further round of incremental rate increases to dry and selected refrigerated commodities
While a Reuters report indicated that global third-party logistics (3PL) services provider BDP International was in talks to with private equity firms to make the company available to be sold, BDP stated that is not the case.
Posted on 04/10 at 01:37 PM
BDP International •
This comes on the heels of six consecutive months of improvements in small business optimism
Posted on 04/10 at 12:58 PM
As the economy continues to show moderate signs of growth, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates expects import cargo volumes at U.S. ports to post a 3.2 percent annual gain in April.
March shipments at 1.094 were up 2.1 percent compared to February and down 1.3 percent compared to March 2011. Expenditures at 2.317 were up 1.0 percent compared to February and up 4.3 percent compared to March 2011.
Diesel prices resumed its growth path this week, increasing $0.6 cents to $4.148 cents per gallon and remaining above the $4 per gallon mark for the seventh straight week, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 04/10 at 08:43 AM
Diesel Prices •