Thursday, February 09, 2012
The first quarter of the fiscal year 2012 continued where fiscal year 2011 ended for the United States Postal Service—with a significant loss.
January shipments at 1.046 were down .95 percent compared to December and up 3.6 percent compared to January 2010. This marked the 20th consecutive month shipments were above the 1.0 mark since May 2010
Wednesday, February 08, 2012
When it comes to intermodal growth and the momentum this mode has, it is more than clear that the numbers don't lie.
Diesel prices are up 0.6 cents this week to $3.856 per gallon, according to the Department of Energy’s Energy Information Administration.
Posted on 02/08 at 01:12 PM
Diesel Prices •
Oil Prices •
The Department of Transportation’s Bureau of Transportation Statistics reported that its Freight Transportation Services Index (TSI) increased 3.9 percent from
November to December. This marks the largest monthly gain in the index in 17 years.
Tuesday, February 07, 2012
Managing international freight shipping operations presents a set of challenges that potentially expose shippers to risky and costly misfortunes.
Manufacturers can spend 50% or more of revenue on purchasing parts. So, it is not surprising that sourcing from low cost countries to improve competitiveness has been such an important business strategy in the past ten years.
US corporations import nearly $2 trillion worth of products from more than 150 countries, a number that is expected to triple by 2015, according to US Customs and Border Protection (CBP).
The drive to capture the business benefits of low cost country sourcing has far out-paced the processes and systems needed to efficiently manage the global supply chain. A recent survey by Aberdeen identified that higher than expected transportation expenses was the primary factor in landed cost budget variances.
The company said its Seattle-Tacoma Drayage Operation will directly serve all ports, rail heads, and container yards in the Pacific Northwest.
Posted on 02/07 at 04:18 AM