Tuesday, June 14, 2011
Diesel prices fell for the fifth consecutive week and the sixth time in the last seven weeks, decreasing 0.8 cents to $3.94 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
UPS said it will be rolling out a new reverse logistics service geared towards high-end products for shippers in the high-tech, healthcare, and retail sectors in the United States, Canada, Europe, Mexico, and Puerto Rico, effective this October.
Monday, June 13, 2011
As she prepares her 22nd annual “State of Logistics” report, supply chain expert, Rosalyn Wilson, provided an exclusive forecast for the third-party logistics sector with Supply Chain Management Review -- LM's sister publication.
Panjiva’s new quarterly report, entitled the Quarterly Trendspotting Report, takes a detailed look at the macro trends that impacted global trade during the first quarter of 2011. One of its main objectives is to assist sourcing executives determine which geographies are “trending hot” for products they are looking for on a worldwide basis and what the current trends are on an annual basis.
Freight transportation and logistics services provider Hub Group Inc. said today that earlier this month its Comtrak Logistics Inc. subsidiary, which offers national drayage and truckload services, acquired Domestic Transport Inc., a Pacific, Washington-based provider of intermodal drayage services.
Class I railroad carrier Canadian Pacific (CP) recently announced it will be a tenant at the Western Canada-based Global Transportation Hub (GTH). CP’s plans for a new intermodal facility at the Global Transportation Hub were announced in December, 2007.
Friday, June 10, 2011
Carload volume—at 273,584—was up 1.1 percent annually, but behind the week ending May 28 at 288,049 and the weeks ending May 21 and May 14 at 295,148 and 294,271l, respectively. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
In an effort to meet increasing shipper demand, global express delivery and logistics services provider DHL Express began service for new, next-day intercontinental flights between the U.S. and the Middle East and Asia-Pacific to the U.S.
Weeks after the Federal Motor Carrier Safety Administration (FMCSA) said it would not meet its initial goal of publishing a new hours-of-service (HOS) rule—based on changes to the rule it proposed late last year—by its initial deadline of July 26, pushing the deadline back to October 28, two prominent industry organizations—the American Trucking Associations (ATA) and the National Industrial Transportation League (NITL) — are again voicing their displeasure with the proposed rules.
Despite recent signs of a slackening pace of global economic growth, California exporters turned in another impressive performance in April with shipments totaling $12.88 billion, a gain of 14.4 percent over the same month last year, according to an analysis by Beacon Economics of foreign trade data released this week by the U.S. Commerce Department.