Wednesday, February 01, 2012
With freight costs rising, capacity constraints looming, and the complexities of global trade on the rise, our top analysts concur that global trade management (GTM) software will continue its slow-but-steady infiltration into today’s vernacular—that is if shippers can justify the ROI.
Taking the next steps to make its less-than-truckload (LTL) network more fluid for its largest unit, YRC, which began in earnest in October, YRC’s parent company YRC Worldwide is taking further steps that are designed to streamline and improve YRC’s efficiency.
Posted on 02/01 at 10:22 AM
This month’s cover story on the evolving relationship between Tuesday Morning, an upscale retailer with 865 stores, and its motor carrier partner is an inspirational sign of the times—and contains a theme that we may be hearing repeatedly from other shippers if the economy kicks into high gear.
Humor aside, NBC’s Saturday Night Live (SNL), logistics, and a submerged Italian cruise ship have a lot in common.
Tuesday, January 31, 2012
Even though the unemployment rate has fallen to 8.5 percent in recent months, IHS Global Insight continues to expect much labor market slack in the coming quarters
Ocean cargo shippers can expect a slight surge in business this year, with the economic tide lifting all boats
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 12.7 percent on November 2011 compared to November 2010 at $76.7 billion.
Following a 0.6 cent gain last week, diesel prices are up 0.2 cents this week at $3.85, according to the Department of Energy’s Energy Information Administration (EIA). Prior to prices seeing gains throughout most of the last four weeks, diesel prices were down six straight weeks for a cumulative 22.7 cent decline.
Posted on 01/31 at 12:13 PM
Diesel Prices •
Earlier today, transportation and parcel bellwether UPS reported that fourth quarter revenue jumped 6 percent annually to $14.2 billion, and adjusted operating profit was up 17.3 percent at $2.024 billion. Earnings per share at $1.28 saw a 21 percent improvement, topping Wall Street estimates of $1.26 per share.
Posted on 01/31 at 11:55 AM
Logistics managers with time-critical cargo on their hands may opt for charter option