Monday, August 10, 2015
The USPS reported today that it had a $586 million net loss for the fiscal third quarter, which represents a $1.4 billion reduction compare to a $2 billion net loss for a same quarter a year ago. For the fiscal first and second quarters, the USPS had $754 million and $1.5 billion net losses, respectively.
Posted on 08/10 at 09:53 AM
Seasonal cargo flows appear set to take hold for United States-based retail container ports even with a glut of Transpacific trade capacity, according to the most recent edition of the Global Port Tracker report by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
Friday, August 07, 2015
Senator Tom Carper has introduced a bill call the TRAFFIC Relief Act, which pledges to raise U.S. gasoline and diesel taxes (that have remained at current levels of 23.4 cents for diesel and 18.4 cents for gasoline since 1993), as well as expand tax credits, too.
Posted on 08/07 at 10:07 AM
This week APICS Supply Chain Council (APICS SCC) released findings from its latest industry report, Supply Chain Leadership Report: Many Styles Generate Success, which examines critical success factors of a supply chain leader, including his or her attributes, leadership style and ability to formally and informally influence a multitude of stakeholders.
Posted on 08/07 at 09:25 AM
Carloads decreased 6.5 percent––or 95,295 carloads––to 1,376,411 compared to July 2014, and intermodal saw continued gains in July at 1,331,888 containers and trailers, which marked a 3.5 percent––or 45,538 units––increase.
Posted on 08/07 at 09:15 AM
A white paper takes a deep dive into exploring the dynamics of shipper-3PL relationships, with an eye on limiting the "commoditization" of 3PL services.
Posted on 08/06 at 12:14 PM
XPO Logistics, a non asset-based 3PL, reported strong second quarter earnings last night, with total gross revenue rising 109.3 percent annually to $1.2 billion and net revenue up 317.2 percent to $508.6 million. Even with the gross revenue and net revenue gains, XPO had a $78.8 million net loss compared to a net loss of $13.8 million for the second quarter of 2014.
Posted on 08/06 at 09:44 AM
XPO Logistics •
Wednesday, August 05, 2015
The once bitter rivalry between the ports of Tacoma and Seattle seems to have come to an end as both parties have entered into a joint marketing program designed to leverage the Puget Sound’s logistical advantage.
Posted on 08/05 at 04:53 PM
Ocean Cargo •
Second quarter total volume—at 4,362,049 containers and trailers— was up 4.5 percent annually, IANA reported. Domestic containers—at 1,690,190—were up 3.5 percent, and international containers—at 2,270,328—were up 6.8 percent. All domestic equipment at 2,091,721—was up 2.2 percent, and trailers dropped 3.1 percent to 401,531.
Posted on 08/05 at 11:38 AM