All News Entries

Wednesday, July 07, 2010

As part of its ongoing global expansion, FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, said it has chosen international freight forwarder Fritz Companies Israel as its sole Regional Service Provider (RSP) in Israel. Company officials said this partnership will provide shippers with expanded international ocean and air freight forwarding services.

Tuesday, July 06, 2010

Like its companion report, which focuses on the manufacturing sector, the Institute of Supply Management’s (ISM) June report on the non-manufacturing sector showed continued growth albeit at a reduced rate.

The damage the global recession inflicted in the Warehouse Management Systems (WMS) marketplace in 2009 was severe to say the least, according to an analysis from ARC Advisory Group.

The Semiconductor Industry Association (SIA) reported today that worldwide sales of semiconductors in May were $24.7 billion, a sequential increase of 4.5 percent from April.

America’s seaports are taking several different paths toward providing shippers with safe and secure commerce, LM learned last week in a series of interviews.

Friday, July 02, 2010

While some economic indices have taken a hit in the last week, one that keeps making forward progress is the Cass Information Systems Freight Index.

More of the same appears to the theme when looking at railroad volumes in recent weeks, with volumes for the week ending June 26 up year-over-year and down compared to 2008, according to the Association of American Railroads (AAR).

Thursday, July 01, 2010

The Institute of Supply Management reported today that while manufacturing activity in June was not as strong as it was in May, the economic recovery is moving forward.

While diesel prices appear to be in check to a large degree for the time being, many industry observers maintain there is no real rhyme and reason in terms of fluctuating fuel prices.

Wednesday, June 30, 2010

With global trade slowly gaining traction, United States-based ports are taking steps to expand capacity in preparation for an uptick in demand along with focusing on capital development to meet infrastructure needs, according to the new Ports, Airports and Global Infrastructure report from global real estate firm Jones Lang LaSalle.