Tuesday, March 15, 2011
In the previous Oil & Fuel column, I explained that throughout 2010 and early 2011 tight diesel markets had been pressuring the price of crude in much the same way that they did during the 2008 price run. My intention was to write a follow-up article this month that compared the factors underpinning tight diesel markets then and now. However, the rising turmoil in the oil-rich Middle East and North Africa (MENA) region has taken the markets by surprise, and thus deserves attention.
Posted on 03/15 at 01:44 PM
Diesel Prices •
Monday, March 14, 2011
While most of the world’s focus was on Japan’s response to its earthquake and related crisis, trade experts were quietly working behind the scenes in Washington last week to establish a long-term strategy for rebuilding that country’s economy.
Wednesday, March 09, 2011
When I am asked what the big topic in the industries LM covers is these days, there is no surprise of late. It is a one word answer: fuel. How could it really be anything else at this point? If you need more proof, look at the past two weeks of diesel price increases from the Energy Information Administration. They both check in around the 15-cent mark. Ouch.
Friday, March 04, 2011
Earlier this week, the Federal Reserve released the most recent edition of its “Beige Book,” which tracks economic activity. This edition covers the period from January 3-February 18. A look at the results seems to be in line with many other economic indices, many of which have the same theme. That theme being something like this: “things are moving at a slow and steady pace, with cautious signs of improvement.”
Wednesday, March 02, 2011
Something we don't often recognize is how much the Internet has joined steamships, railroads, aircraft, trucks, and pipelines as a primary mode of transport. Indeed, for a steadily expanding range of digitized products and services, the Internet is now the preferred delivery mode
Tuesday, March 01, 2011
With the calendar turning to March 1 today, we are now two-thirds of the way though the first quarter and are seeing some favorable trends so far, which will hopefully serve as a springboard to success for the rest of the year and beyond, when it comes to assessing the marketplace.
Monday, February 28, 2011
A dramatic example of how supply chain transparency and the “known shipper” rule fights terrorism was on public display last week as Con-way Freight helped the FBI foil a jihadist plot.
Wednesday, February 23, 2011
As you probably already know, not too long ago the Federal Motor Carrier Safety Administration (FMCSA) floated the idea of reducing available daily driving time for truck drivers by one hour from 11 to ten hours per day. Needless to say, this was not well received, and not surprisingly, it seems to have become even less popular than it was when first introduced.
Friday, February 18, 2011
As I have discussed before, housing and unemployment remain a drag on the economy, but there are other things happening that are positive, including higher U.S. export volumes, the slow process of credit availability becoming more prevalent, sequential increases in GDP growth, and promising manufacturing data showing strong momentum.
The Federal Maritime Commission took several steps yesterday to reduce regulatory burdens and bring cost savings and flexibility to the shipping industry and the customers they serve.