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Wednesday, May 13, 2015

While maritime industry analysts are questioning the sustainability of global mega-vessel operations, it is now clear that Pacific Rim ports will be asked to accommodate them in the near future.
Posted on 05/13 at 04:00 PM
NewsPortsOcean CargoContainerShippingPermalink


SEKO said New York-based private equity firm Greenbriar Equity Group LLC, which has more than $2 billion of committed capital in companies in the global transportation industry, including logistics, distribution, and, freight, among others, will serve as its private equity growth partner.
Posted on 05/13 at 12:00 PM
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Earlier this week, UPS opened up a healthcare-dedicated air freight forwarding facility at Amsterdam Schipol, Netherlands, which it said serves as an expansion of its European-based temperature-controlled supply chain capabilities.
Posted on 05/13 at 10:32 AM
NewsUPSHealthcarePermalink


Very modest gains in retail sales remained the norm, according to data for the month of April issued today by the United States Department of Commerce and the National Retail Federation.
Posted on 05/13 at 09:54 AM
NewsNRFDepartment of CommerceretailPermalink


Annual declines and sequential gains for freight shipments and expenditures for the month of April were the main themes of the most recent edition of the Cass Freight Index Report from Cass Information Systems released this week.
Posted on 05/13 at 08:09 AM
NewsCass Information SystemsCass Freight IndexPermalink


Tuesday, May 12, 2015

East Coast ports are growing at a faster rate than their West Coast counterparts, according to the inaugural edition of CBRE Groups’s Inc. “North America Ports Logistics Annual Report.”
Posted on 05/12 at 01:23 PM
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Data issued this week by the Department of Energy’s Energy Information Administration (EIA) showed that the average price per gallon of diesel headed up 2.4 cents to $2.878 per gallon, rising for the fourth straight week.
Posted on 05/12 at 08:50 AM
NewsEIADiesel PricesPermalink


A combination of market factors contributed to sustained level of market softness in the most recent edition of the Trucking Conditions Index from freight transportation forecasting firm FTR.
Posted on 05/12 at 08:25 AM
NewsTruckingFTRTCIPermalink


Monday, May 11, 2015

Late last week, the United States Postal Service (USPS) announced it had a $1.5 billion net loss for the fiscal second quarter compared to a $1.9 billion net loss for the same period last year. This follows a fiscal first quarter net loss of $754 million and a $5.5 billion fiscal 2014 net loss.
Posted on 05/11 at 09:43 AM
NewsUSPSParcelPermalink


Friday, May 08, 2015

Leveraging a theme of improvement, following a tentative West Coast port labor dispute agreement between the Pacific Maritime Association and the International Longshore & Warehouse Union (ILWU) reached in late February, the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates painted a positive picture, with import cargo levels at U.S.-based retail container ports slowly getting back to normal levels.
Posted on 05/08 at 11:52 AM
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