Friday, January 06, 2012
The total container capacity of ships deployed on liner trades grew by 7.3 percent in 2011 to reach 15.90 million TEU according to Alphaliner, the Paris-based shipping consultancy.
Following two straight months of declining freight shipments and expenditures, the December 2011 edition of the Cass Freight Index inched closer to positive territory.
A major breakthrough toward a more sustainable cargo network has been announced by the “niche” Port of Stockton, California.
Seattle-area based Pacific Alaska Freightways (PAF), a provider of freight transportation services to Alaska, including steamship, barge, rail, air, truckload, less-than-truckload, and intermodal, said that it has officially acquired Southern Alaska Forwarding, a freight consolidator serving Kodiak and Cordova, Alaska from Seattle.
Thursday, January 05, 2012
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 13.8 percent in October 2011 compared to October 2010, hitting $79.0 billion.
While November marked the two-year anniversary of consecutive growth in the non-manufacturing sector, December made sure the push for three straight growth years got moving in the right direction, according to the Institute for Supply Management (ISM).
While 2012 is expected to be a slow growth year overall for commercial real estate sector, a report from global commercial real estate company Grubb & Ellis Company cited how the logistics real estate market “has become the most resilient and dynamic segment of the overall U.S. industrial real estate market."
Wednesday, January 04, 2012
As noted in recent news, air cargo demand has fallen off just when 2012 was being ushered in.
Following a December ruling by the Federal Aviation Administration (FAA) focused commercial airline pilot scheduling, which provides pilots with a longer opportunity for rest before entering the cockpit, union groups representing pilots at FedEx and UPS have spoken out about how the rule does not apply to air cargo operators.
Posted on 01/04 at 01:55 PM
Air Cargo •
Air Freight •
The International Air Transport Association announced global traffic results for November showing a weaker air cargo market compared to levels attained earlier in the year.