Saturday, March 01, 2014
Pent-up demand, depleted inventories, and a greater overall sense of economic security are converging in 2014. If so, ocean cargo carriers will be determined not to miss that opportunity to make rate hikes stick.
We’ve certainly been reading and hearing more about the benefits of improved communication and collaboration in logistics management—be it with our carriers, third party-logistics (3PL) providers, suppliers, and even competitors.
In a recent speech to shippers and carriers, Anne Ferro, administrator of the Federal Motor Carrier Safety Administration (FMCSA), said: “We need a real change in our transportation culture to recognize that safety means more than complying with safety rules. It means changing work/rest schedules that contribute to fatigue.”
Volatile markets. Unstable currencies. Vacillating demand. Unpredictable commodity costs. Manufacturers, like most companies, have plenty to worry about.
Natural gas prices have risen 40 percent to over $6 per thousand cubic feet (Mcf) since the beginning of the year. As a regular reader of this column, rising prices should come as no surprise. In July of last year, when the price was just $3.52 per Mcf, I predicted that prices would rise to between $4.00 and $4.25 per Mcf by the end of the year.
Friday, February 28, 2014
Panjiva reported that U.S.-bound waterborne shipments in January—at 1,169,741—were up 9 percent year-over-year and up 7 percent from December to January. And the number of global manufacturers shipping to the U.S in January—at 165,531—was up 3 percent annually and up 1 percent from December to January,
Posted on 02/28 at 11:19 AM
Global Trade •
With January behind us, we’re only one month into the new year. Yet, it seems as if so much has changed since last fall. The industry is a little topsy-turvy and much of that is the result of the 2013 holiday season, which was marked by inadequate planning and a failure of order fulfillment processes to deliver on customer service promises.
Three months of mediocre growth regarding the market environment for shippers came to a halt in December, based on the most recent edition of the Shipper Conditions Index (SCI) from freight transportation consultancy FTR.
Posted on 02/28 at 09:20 AM
FTR Associates •
Carloads—at 281,678—were up 3.1 percent compared to the same week a year ago, and intermodal was up 6.4 percent annually at 253,358 containers and trailers.
Posted on 02/28 at 01:47 AM
Thursday, February 27, 2014
New thinking, new regulations and new technology are re-defining pickup and delivery based on optimizing customer service and satisfaction.
Until now, pickup and delivery technology could be described as: "scan-on, scan-off." The new generation of technology has come a long way, and the industry and its customers are benefiting greatly.