All News Entries
Friday, October 28, 2011
The ongoing economic “volatility” is teaching manufacturers and retailers a great deal about squeezing the margins of inventory and creating a viable and sustainable alternative distribution network.
During the third quarter earnings season to date, it appears that less-than-truckload carriers are in a good groove, when it comes to pricing.
Carload volume—at 301,864—was down 0.5 percent year-over-year and behind the week ending October 15, which hit 303,363.
Thursday, October 27, 2011
Container handling at Bangkok’s seaport has so far not been affected by the storm that has hit the Thai capital, although the Port Authority of Thailand is taking preventive action against the possibility of flash floods
U.S. Chamber of Commerce President and CEO Thomas J. Donohue said the nation must spend more on infrastructure and mildly endorsed the need to increase the federal fuel tax, which stands at18.4 cents on gasoline, 23.4 cents on diesel and has been unchanged since 1993.
Earlier this week, less-than-truckload transportation services provider YRC Worldwide took steps to augment operations of its national operations of YRC, its largest subsidiary.
Wednesday, October 26, 2011
With the United States manufacturing base accounting for roughly 11 percent of Gross Domestic Product (GDP), domestic manufacturers are not only dealing with a declining base on the home front, they are also facing major disadvantages when it comes to doing business in the United States compared to global competitors.
Growth prospects in Northern Europe remain stalled, according to the most recent edition of the Global Port Tracker Report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
The Republican-controlled House of Representatives could “flip” in favor of the Democrats, especially if the presidential race turns into a cakewalk for President Barack Obama. That’s the word from U.S. Chamber of Commerce President and CEO Thomas J. Donohue, who delivered the keynote at the 25th annual meeting of the North American Transportation Employee Relations Association.
Tuesday, October 25, 2011
In a move signaling future rate pressure in the nation’s most robust ocean cargo trade lane, Horizon Lines, Inc. announced it will discontinue its Five Star Express (FSX) trans-Pacific container shipping service between the U.S. West Coast, Guam and China