Tuesday, November 15, 2011
The National Industrial Transportation League announced that the recipient of the 2011 Logistics Executive of the Year Award goes to the U.S. Secretary of Transportation, Ray LaHood.
Monday, November 14, 2011
The League explores "slow steaming" alternatives as well as vessel redeployment scenarios
One priority goal the United States has pursued this year is to make the Asia-Pacific a seamless regional economy. Just how close this nation will come to achieving that will be made clear at the annual Asia-Pacific Economic Cooperation (APEC) Ministers and Economic Leaders’ Meetings in Honolulu, Hawaii this week.
Friday, November 11, 2011
After things appeared to be looking up—in terms of business conditions—for shippers, data released this week by freight transportation forecasting firm FTR Associates indicates that tougher times are indeed back.
A new indicator for truckload pricing, which was recently introduced by Cass Information Systems, the largest payer of freight bills with more than $17 billion in annual freight spend, and investment firm Avondale Partners, disclosed this week that per-mile truckload pricing saw significant gains in October.
Manufacturing is indeed making a significant contribution to overall GDP growth and perhaps leading the way.
While the economy is still not in a full-fledged recovery, the situation may not be as dire as it was a month ago, according to the most recent edition of the Ceridian-UCLA Pulse of Commerce Index.
Thursday, November 10, 2011
With several terminals closed at West Coast seaports due to Veterans Day, shippers are hoping that cargo operations will return to normal next week
The bill, entitled Moving Ahead for Progress in the 21st Century (MAP-21), vows to reauthorize U.S. transportation programs for two years at a cost of $109 billion and reform these programs to make them more efficient.