Friday, October 08, 2010
Now that pricing has been restored and capacity restrained, the leading vessel operators are staging a comeback. What lessons have they learned from the recent recession and dismal earning cycles? Here’s what the top analysts are saying.
After outsourcing its transportation functions to a 3PL in January 2007, the 150-year-old manufacturer brought it back under its own roof to tighten controls, establish carrier measurement, and rack up the savings. And that bold move earned Armstrong the 2010 NASSTRAC Shipper of the Year Award.
Taking steps to keep pace with its global rivals, UPS is aiming to set up domestic service in China, according to a recent Financial Times report. According to the FT, UPS recently submitted an application for a domestic license to the China State Post Bureau, a local regulator, in order to offer shippers in China domestic next-day delivery service and second and third day delivery products.
Posted on 10/08 at 01:44 AM
While no 2010 weekly volume figures were broken, railroad volumes for the week ending October 2 remained consistent with previously solid weeks, according to data released by the Association of American Railroads (AAR).
Posted on 10/08 at 12:15 AM
Thursday, October 07, 2010
The DOT proposal to grant antitrust immunity to two air carrier alliances for services between the United States and Japan was greeted warmly by shippers yesterday
Posted on 10/07 at 11:12 AM
Preliminary data recently released this week by freight transportation forecasting firm and consultancy FTR Associates indicates that September Class 8 truck total net orders for North American OEM’s at 14,872 units are up 21.6 percent over August and 38.8 percent year-over-year.
Class I railroad carrier Canadian Pacific Limited and Teck Resources Limited said they have inked a 10-year deal in which CP will transport Teck’s steelmaking coal from five Teck-owned mines in southeast British Columbia to Vancouver-area ports. This arrangement is expected to begin on April 1, 2011.
Posted on 10/07 at 06:01 AM
Wednesday, October 06, 2010
The memorandum of understanding will establish a strategic partnership to promote international commerce and logistic activities
Posted on 10/06 at 02:33 PM
Supply Chain •
Recent projections from the National Retail Federation indicates that 2010 holiday retail sales will hit $447.1 billion for a 2.3 percent gain over 2009. NRF officials said that while this increase is slightly lower than its ten-year average holiday sales increase of 2.5 percent, it still represents a significant improvement from 2009’s 0.4 percent increase and 2008’s 3.9 percent decline.
Posted on 10/06 at 12:18 PM
Holiday Sales •
Speaking at the Council of Supply Chain Management Professionals Annual Conference in San Diego last week, Chuck Taylor said that for the first time in its history the United States will be forced to increase economic growth while decreasing oil consumption, which, he said, is something that has never happened before.
Posted on 10/06 at 10:03 AM
Chuck Taylor •