Friday, September 04, 2015
While shippers ready themselves for the long Labor Day weekend, we’d like to remind them that new security and compliance regulations are - as always – looming ahead.
United States Class I carloads were down 56,104 carloads–or 4.6 percent annually–at 1,115,957 in August, and intermodal containers and trailers were up 3.6 percent--or 38,617 units- at 1,114,370.
Posted on 09/04 at 04:28 AM
A new report from Chicago-based freight transportation and logistics consultancy CarrierDirect released this week examines current freight market conditions and what logistics and supply chain stakeholders need to do and know in order to stay one step ahead of the competition.
Posted on 09/04 at 03:47 AM
Thursday, September 03, 2015
You’ve heard the old saying, it was the best of times, it was the worst of times. Rob Handfield sees this as the best of times for procurement professionals, who have an opportunity to deliver real value to their organizations
The excess transportation capacity during much of the recession enabled shippers to negotiate substantial reductions in transportation rates—ushering in a "cost savings addiction" that they now need to break. Attend this webcast to learn more about how carriers and shippers can collaborate to put an end to this epidemic.
While core metrics were down from a very impressive July, the August edition of the Non-Manufacturing Report on Business from the Institute of Supply Management (ISM) was still very strong.
Posted on 09/03 at 11:30 AM
The Clean Cargo Working Group (CCWG) has released a report indicating that in 2014 average CO2 emissions in the global container shipping trades declined 8.4 percent from the year before.
UPS Freight, the less-than-truckload (LTL) subsidiary of UPS, recently announced it has rolled out a new service center facility in Franklin Park, Illinois.
This is the company’s fifth Chicago-area service center along with other ones in Aurora, Chicago, Palantine, and South Holland.
Posted on 09/03 at 02:03 AM
Wednesday, September 02, 2015
Putting the renewed strength in the truckload market into a very positive perspective is a report issued by Avondale Partners analyst Donald Broughton, which was released yesterday. Entitled, “Q2’15 Trucking Capacity; Goldilocks Era Continues,” Broughton explained that in the second quarter only 70 truckload fleets failed, or exited the business. That number may seem high to some, but it is not, especially when you consider that the second quarter of 2014 saw more than five times as many truckload carriers, 375 to be exact, exit the business.
Global demand remains stable as packaging equipment providers of all sizes shift focus