All News Entries
Tuesday, January 20, 2015
Shippers negotiating with carriers over 2015 freight rates ought not be swayed by the dramatic lowering of diesel fuel costs into believing their carriers’ overall cost of doing business are lessening. In fact, they are rising.
Posted on 01/20 at 09:24 AM
Monday, January 19, 2015
Container volumes at the Port of Los Angeles increased 6 percent in 2014 over the previous year, with total volumes reaching 8,340,065 Twenty-Foot-Equivalent Units (TEU). It was the third busiest year in the Port’s history, just behind 8.4 million TEUs in 2007 and 8.5 million TEUs in 2006.
The latest data shows that the aggregate on-time performance for the Asia-Europe, trans-Pacific and trans-Atlantic trades dropped to 58 percent in December, down from 62 percent in November and 64 percent in October, according to Drewry Supply Chain Advisors.
Posted on 01/19 at 09:45 AM
Congress should put aside its philosophical differences and make a long-deferred investment in transportation infrastructure through a “dime or two” per-gallon increase in the federal fuel tax, which should be made more politically palatable by more accurately referring to it as a “user fee” rather than a tax.
Friday, January 16, 2015
A letter sent to PMA Chairman and CEO James McKenna and ILWU President Robert McEllrath by a group comprised of 174 organizations representing manufacturers, farmers and agribusinesses, wholesalers, retailers, importers, exporters, distributors, and transportation and logistics service providers called for the parties to come to a “resolution of the issues that is satisfactory for all concerned.” The letter expressed disappointment in regards to the lack of progress between the parties since their contract expired on July 1, 2014.
Posted on 01/16 at 01:53 PM
Transportation and logistics bellwether UPS said this week it has rolled out international facility expansions at three different locations, two based in Germany and one in the Netherlands.
Posted on 01/16 at 11:04 AM
Global Logistics •
U.S. Carloads were up 7.5 percent at 276,573, and intermodal at 240,947 containers and trailers was up 2.1 percent annually.
Posted on 01/16 at 09:45 AM
Thursday, January 15, 2015
Even with nearly matching declines in freight shipments and expenditures in December, the most recent edition of the Cass Freight Index report from Cass Information Systems indicated that 2014 ended up as the best year in freight transportation and logistics over the last seven years.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) headed up 0.8 percent from October to November, showing a sequential gain for the fifth straight month.
Posted on 01/15 at 09:10 AM
Freight TSI •
Wednesday, January 14, 2015
Commerce reported that November retail sales at $442.9 billion were down 0.9 percent compared to November and up 3.2 percent compared to December 2013, and total retail sales from October through December were up 4.1 percent annually. The NRF said that December retail sales, which exclude automobiles, gas stations, and restaurants, were up down 0.9 percent seasonally-adjusted month-to-month compared to November and increased 4.6 percent annually on an unadjusted basis.