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Thursday, March 24, 2016

The Panama Canal Authority (ACP) has announced that the Panama Canal Expansion will be officially inaugurated on Sunday, June 26, 2016 – two years beyond the original deadline.
Posted on 03/24 at 03:35 PM
NewsTransportationOcean FreightContainerInfrastructurePanama CanalPermalink


For January, the most recent month for which data is available, the SCI was 4.3, topping December’s 3.0, and November’s -0.6 (which was an improvement over October’s -3.1). FTR said these recent tallies reflect how favorable market conditions from 2015 continued into 2016, adding that capacity is now sufficient to meet current market demands. But it added that the SCI is expected to turn negative as the year moves on, due to concerns about expected capacity shortages in 2017.
Posted on 03/24 at 11:03 AM
NewsFTRSCIPermalink


Shipping losses continue their long-term downward trend with 85 total losses reported worldwide in 2015, according to the Allianz Global Corporated & Specialty (AGCS) fourth annual Safety and Shipping Review 2016.
Posted on 03/24 at 09:03 AM
NewsTransportationOcean FreightOcean FreightRiskAGCSPermalink


Statistical evidence highlights impact of capital investment and educated labor on productivity performance.
Posted on 03/24 at 08:54 AM
NewsMAPIPermalink


Wednesday, March 23, 2016

CrossBorder is the former Bongo International, a provider of cross border enablement technologies and solutions, whom FedEx acquired in December 2014. FedEx said that this announcement reflects its investment in expanding its international e-commerce offerings.
Posted on 03/23 at 10:41 AM
NewsLogisticsGlobal TradeGlobal TradeFedExTradeE-commercePermalink


Full import containers through the Port of Oakland leaped 89.7 percent in February 2016 compared to the same month last year, demonstrating that the gateway continues its cargo recovery from the contract dispute extending to 2015.
Posted on 03/23 at 10:21 AM
NewsTransportationOcean FreightPortsPortsOcean CargoContainerPermalink


UPS said this week it has added a new sorting facility and expanded its existing building at the California-based Ontario International Airport. Company officials said that the new sorting facility will process urgent, time-definite UPS Next Day Air packages and include automated sorting capabilities, with the ground sorting facility to be retrofitted with automated sorting systems and double the package processing capacity per hour (UPS would not disclose the amount of packages processes per hour, due to competitive reasons).
Posted on 03/23 at 10:00 AM
NewsUPSPermalink


Delivery bellwether UPS this week added 12,680 ZIP codes to its earliest small-package delivery service, UPS Next Day Air Early in an effort to create an earlier guaranteed-delivery option for customers in locales that only had end-of-day guarantees.
Posted on 03/23 at 09:14 AM
NewsUPSnext-dayparceldeliveryPermalink


Tuesday, March 22, 2016

Truck tonnage volumes saw increases in February on an annual basis, the gains may not necessarily be commensurate with actual positive industry and economic momentum, according to data issued this week by the American Trucking Associations (ATA).
Posted on 03/22 at 02:29 PM
NewsATAtonnagePermalink


With a 2 cent increase, the average price per gallon now stands at $2.119, coming on the heels of a 7.8 cent gain last week, which saw the average price head above the $2 benchmark for the first time since the week of February 15, when it was at $2.008 per gallon.
Posted on 03/22 at 09:30 AM
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