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Wednesday, July 30, 2014

The report, entitled “Outlook for the Domestic Transport and Logistics Market in 2H14 and Beyond,” takes the view that strong freight levels in the second quarter have left trucking companies in a good position: one in which they need to come up with new plans to handle rising demand. But even with that positive momentum afloat, the report observes that there are some familiar challenges intact, such as a lack of qualified drivers and the regulatory drag from the new hours-of-service rules that took effect in July 2013.
Posted on 07/30 at 09:02 AM
NewsTruckingCarrierDirectPermalink


Tuesday, July 29, 2014

Flags of Convenience are a fact of life in the commercial maritime trade, but several European political action groups are worried that they will pose a threat to the Continent’s air cargo industry.
Posted on 07/29 at 02:55 PM
BlogsAir CargoGlobal Tradeair freightPermalink


For May, which is the most recent month for which data is available, the SCI is -7.5, following April’s -7.5. FTR said this reading represents a still-tight capacity environment, as utilization rates hover between 98 percent and 99 percent.
Posted on 07/29 at 11:24 AM
NewsSCIFTRPermalink


With a 1.1 cent drop to $3.858 per gallon, this follows declines of 2.5 cents, 1.9 cents, and 0.7 cents over the previous three weeks, with the cumulative four-week decline at 6.2 cents.
Posted on 07/29 at 10:40 AM
NewsEIADiesel PricesPermalink


Second quarter revenue for transportation and logistics titan UPS headed up 5.6 percent annually at $14.3 billion, while operating profit sank 57.1 percent to $747 million. Quarterly net income fell 57.6 percent to $454 million.
Posted on 07/29 at 10:11 AM
NewsPermalink


Monday, July 28, 2014

Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently said it is opening up the “vault,” so to speak. The vault in this case is making its copious amount of trade data accessible through an Application Programming Interface (API), which enables customers to extract Panjiva’s trade data into their own database.
Posted on 07/28 at 11:57 AM
NewsGlobal TradePanjivaPermalink


Freight transportation and logistics services provider Averitt Express recently announced it has rolled out improved transit times for less-than-truckload (LTL) service from the Midwest to Toronto and other cities.
Posted on 07/28 at 11:02 AM
NewsLTLAveritt ExpressTransit TimesPermalink


Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.
Posted on 07/28 at 10:35 AM
NewsPermalink


Anne Ferro, a ferocious advocate for greater truck safety and a constant thorn to truck drivers and some unsafe trucking fleets, says she is leaving as administrator of the Federal Motor Carrier Safety Administration. No successor has been immediately named.
Posted on 07/28 at 10:25 AM
NewsTruckingFMCSAPermalink


Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.
Posted on 07/28 at 10:17 AM
BlogsRetailNRFRetail SalesPermalink



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