Tuesday, January 11, 2011
On the heels of a 0.4 percent increase in November, the December edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) took a sharp turn north with a 2.4 percent increase. Prior to the gains of the last two months, the PCI was down 0.6 percent in November and 0.5 percent and 1.0 percent in September and August, respectively.
Thomas J. Donohue, in his annual “State of American Business Address” to business leaders at the U.S. Chamber of Commerce building across from the White House, is predicting 3.2 percent growth in Gross Domestic Product this year. That figure, higher than what most mainstream economists are predicting, is based on Donohue’s cautious optimism about overall economic conditions, including jobs and growth.
Diesel prices continued their upward march for the week of January 10, according to data released this week by the Department of Energy’s Energy Information Administration (EIA).
Monday, January 10, 2011
Company officials said that bringing SofTechnics into the fold, with its portfolio centering on mobility-enabled Store Inventory and Price Management, Intelligent Store Ordering, Direct-Store Delivery and Master Data Management, serves as a “logical extension to RedPrairie’s E2E productivity suite, which focuses on managing end-to-end business processes for myriad sectors in retailing and manufacturing.
While intermodal, especially on the domestic side, enjoyed a strong 2010, there is some sentiment that volumes may not see the same type of growth in 2011.
As part of its international growth strategy and ongoing strategic and smart investments to strengthen connectivity to and from India, FedEx Express announced that it has launched a new flight establishing direct connections between India and the FedEx Asia hub.
Posted on 01/10 at 08:52 AM
Air Cargo •
When the American Association of Port Authorities holds its fourth annual “Shifting International Trade Routes Seminar” in Tampa next month, more than a few speakers will be sounding the call for more infrastructure.
Friday, January 07, 2011
Earlier this week, the Federal Motor Carrier Safety Administration said that United States Transportation Secretary Ray LaHood shared “an initial concept document” with members of Congress for a long-haul cross-border Mexican trucking program.
Following November’s announcement that it would be rolling out a new service geared specifically for shippers mailing on a regional basis, entitled the Priority Mail Regional Rate Box, the United States Postal Service (USPS) said the new offering is now officially available.
Freight volumes finished 2010 on a somewhat uneven growth path in December, according to the most recent edition of the Cass Information Systems Freight Index.