All News Entries
Wednesday, June 15, 2011
Business logistics costs rose 10.4 percent last year, totaling $1.21 trillion, which is about what American businesses paid for freight transport in 2010, according to the authoritative 22nd annual State of Logistics report released Wednesday.
Even with some recent moderation in freight volumes and signs of renewed economic weakness, ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said this week that demand is still strong for commercial vehicles.
This new service will connect New England-based shippers to 20 major steamship lines and be operated by American Feeder Lines (AFL). This service will call on the Port’s Conley Container Terminal each week on Tuesday.
Tuesday, June 14, 2011
UPS Freight, the less-than-truckload (LTL) subsidiary of UPS said this week it has improved transit times from Vancouver, British Columbia to 181 United States cities in the Midwest and Northeast.
Posted on 06/14 at 10:44 AM
As mounting evidence indicates that slow economic growth is prevalent, retail sales numbers released today were essentially flat in May compared to April and were up on an annual basis, according to data from the United States Department of Commerce and the National Retail Federation (NRF).
Diesel prices fell for the fifth consecutive week and the sixth time in the last seven weeks, decreasing 0.8 cents to $3.94 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
UPS said it will be rolling out a new reverse logistics service geared towards high-end products for shippers in the high-tech, healthcare, and retail sectors in the United States, Canada, Europe, Mexico, and Puerto Rico, effective this October.
Monday, June 13, 2011
As she prepares her 22nd annual “State of Logistics” report, supply chain expert, Rosalyn Wilson, provided an exclusive forecast for the third-party logistics sector with Supply Chain Management Review -- LM's sister publication.
Panjiva’s new quarterly report, entitled the Quarterly Trendspotting Report, takes a detailed look at the macro trends that impacted global trade during the first quarter of 2011. One of its main objectives is to assist sourcing executives determine which geographies are “trending hot” for products they are looking for on a worldwide basis and what the current trends are on an annual basis.
Freight transportation and logistics services provider Hub Group Inc. said today that earlier this month its Comtrak Logistics Inc. subsidiary, which offers national drayage and truckload services, acquired Domestic Transport Inc., a Pacific, Washington-based provider of intermodal drayage services.