Monday, March 12, 2012
Container freight rates in the westbound Asia-Europe corridor increased by 114 percent this week
When the price per gallon of diesel was closer to $5 per gallon and oil barrel prices were nearly touching $150 during the summer of 2008, much was made about the possibility of North American shippers moving manufacturing operations closer to home, also known as nearshoring.
With the clock officially ticking away until the March 31 deadline for to Congress either—A-sign off on a new federal surface transportation bill—or B-pass yet another short-term continuing resolution with funding intact a current levels, there has been some movement on matters related to this effort in the last week or so, with later this month once the House returns from recess this week.
Saturday, March 10, 2012
The solar panel maker is reliant on efficient manufacturing practices, but when it came to inbound shipping and distribution across borders, those operations began to suffer as the company grew. Here’s how this progressive shipper partnered with its 3PL to re-engineer its logistics model to save 25 percent on its inbound costs.
Friday, March 09, 2012
With a close eye on regaining North American market share, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said yesterday it has sold its interest in Shanghai Jiayu Logistics Co. Ltd. to its 35 percent joint venture partner.
Posted on 03/09 at 11:57 AM
YRC Worldwide •
YRC Freight •
February carloads—at 1,410,992—were down 1.9 percent annually. And intermodal—at 1,122,458 trailers and containers—was up 2.4 percent compared to February 2011.
Thursday, March 08, 2012
This week the USPS publicly released updates to its cost-cutting plan, which include new financial projections and suggestions for legislative reforms, too.
Posted on 03/08 at 02:38 PM
As the economy continues to gradually show signs of improvement, retail-based shippers are being proactive in shifting from cost-cutting to growth. That was one of the main findings of the Third Annual State of the Retail Supply Chain report by The Retail Industry Leaders Association (RILA) and Auburn University.
Wednesday, March 07, 2012
The demand for smart and connected devices is booming at an exponential rate.
Posted on 03/07 at 03:29 PM
LM Group News Editor Jeff Berman recently spoke with CEVA CEO John Pattullo about the company’s first half performance and other industry-related items.