Tuesday, January 27, 2015
The Pacific Maritime Association (PMA), representing employers at 29 ports, and the International Longshore and Warehouse Union (ILWU), which represents 20,000 dockworkers, have come to a tentative agreement on a key issue in ongoing contract negotiations.
Posted on 01/27 at 11:30 AM
Diesel prices continued their ongoing decline, with the average price per gallon falling 6.7 cents to $2.866 per gallon, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
Posted on 01/27 at 10:42 AM
Diesel Prices •
Unlike other shipping companies, the Postal Service is not implementing any new dimensional weight charges with this pricing proposal
Posted on 01/27 at 10:35 AM
Drewry is expecting the recent spate of freight rate volatility to continue.
Posted on 01/27 at 09:44 AM
Monday, January 26, 2015
For November, which is the most recent month for which data is available, the SCI came in at -3.2. While this is still entrenched in negative territory, it represents an improvement over October and September, which were -5.5 and -6.6, respectively.
Posted on 01/26 at 12:28 PM
Total December shipments––at 1,150,810––were 3 percent better than November and up 5 percent annually. And total 2014 shipments––at 14,092,551––were up 5.61 percent, setting a new record for annual shipments during the time which Panjiva has been collecting this data since 2007.
Posted on 01/26 at 11:41 AM
The biggest story in the energy sector has to be the 30% decline in oil prices since June to a level not seen since the global recession cut a whopping 6% from global consumption back in 2009.
Posted on 01/26 at 10:51 AM
The challenge for air cargo operators to fill capacity, and the confidence to add capacity, remain the same as the demand curve for air freight services recovers.
Posted on 01/26 at 10:49 AM
Friday, January 23, 2015
For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.
Posted on 01/23 at 12:02 PM
Peak Season •
In recently issued research and data, JLL pointed out that its market data indicates rents are on the rise, with companies on the hunt for warehouse and distribution space.
Posted on 01/23 at 10:46 AM
Warehouse & DC •