Thursday, June 02, 2016
The first quarter vacancy rate for industrial real estate checked in a 6.2 percent, which stands as a 16-year low and below the previous cycle’s low point of 7.4 percent in early 2008. And even with 131 million square-feet of new spec construction coming online in 2016, JLL said that vacancy rates could remain in the low 6 percent range through the end of the year.
The pace of United States-bound waterborne shipments on a year-to-date basis through April is mildly mixed compared to the same period a year ago, according to recent data issued by Panjiva.
Posted on 06/02 at 10:37 AM
Global Trade •
Wednesday, June 01, 2016
When the consultancy, Armstrong & Associates, staged their “3PL Value Creation Asia Summit” last month in Hong Kong, analysts came away with some predicable observations and a few new takeaways.
Posted on 06/01 at 03:42 PM
The PMI, the index used by the ISM to measure growth, was 51.3 (a reading of 50 or higher indicates growth) in May, representing a 0.5 percent gain over April.
Posted on 06/01 at 11:50 AM
With a 2.5 cent increase, the weekly average price now stands at $2.382 per gallon for a new 2016 high, topping last week’s $2.357 and the highest price since the week of December 14, when it was at $2.338 per gallon.
Posted on 06/01 at 08:28 AM
Diesel Prices •
Tuesday, May 31, 2016
Shippers are trying to make sense of quickly shifting ocean carrier alliances and partnerships—with the viability of some players even brought into question.
Friday, May 27, 2016
The questions for the most recent Semiannual Economic Forecast, which was released last week, included: 1-has the strength of the U.S. dollar had a negative, negligible or positive impact on their organization’s profits?; 2-has the net impact of the depressed prices of oil and related commodities been negative, negligible, or positive for their organization’s profits; and 3-how would they characterize the combined impact of their organization’s profits on the strength of the U.S. dollar and the depressed prices of oil and related commodities.
Posted on 05/27 at 11:36 AM
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico dropped 5.8 percent on an annual basis in March to $90.5 billion.
Posted on 05/27 at 10:37 AM
Shippers sourcing their goods out the Port of Oakland’s largest marine terminal will soon need to make an appointment drayage providers before their cargo is released.
U.S. Carloads fell 10.6 percent at 244,290, and intermodal containers and trailers were off 6.5 percent at 262,693.
Posted on 05/27 at 10:11 AM