Wednesday, May 11, 2016
As anyone in our industry can attest, it's a great time to be a warehouse owner. Vacancy rates have plummeted, profits have soared - and warehouse valuations are at all-time highs
The ongoing commodification of the freight forwarding industry has caused many shippers to seek key differentiators in service, say leading industry analysts. But a more granular approach to finding the right intermediary may be to examine how well they manage and treat their own people.
Tuesday, May 10, 2016
Slow to lackluster global trade themes were apparent in the most recent edition of the Port Tracker report released today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
The USPS reported that operating revenue at $17.7 billion was up 4.7 percent, or $788 million, annually. But it incurred a net loss of $2.0 billion compared to a $1.5 billion loss for the same period a year ago.
In a wide ranging, presentation at the recent NASSTRAC (National Shippers Strategic Transportation Council) Shippers Conference and Transportation Expo in Orlando, Fla., Bob Costello, chief economist at the American Trucking Associations, provided both a general assessment of the over all economic outlook, as well as an outlook specifically focused on the freight, or, trucking economy.
The average price saw a slight gain of $0.5 to $2.271 per gallon, which is now the highest level of 2016 to date, topping last week’s average of $2.266. The previous high prior to last week was the week of December 28, when it was at $2.237 per gallon.
Posted on 05/10 at 09:03 AM
Diesel Prices •
Monday, May 09, 2016
The relative merits of using an operating port rather than a landlord port have come into sharp relief recently as shippers confront the compliance deadline for the amendment to the International Maritime Organization’s Safety of Life at Sea (SOLAS) convention.
Posted on 05/09 at 04:07 PM
FTR said the objective of the ICI is to provide its viewers with an assessment of the competitive posture of domestic intermodal transport versus over-the-road truck transport, adding that it is a compendium of different factors, including relative rates vs. truck, industry capacity vs. demand, fuel prices and intermodal service levels.
Posted on 05/09 at 10:42 AM
When it comes to pricing changes, transportation and logistics bellwethers are usually on the same page. And that was again made clear with changes each company made for additional handling charges on ground packages.
Friday, May 06, 2016
An export rebound continues to build steam at the Port of Oakland, as it also continues to ease drayage congestion with innovative logistics management strategies.
Posted on 05/06 at 11:30 AM