Wednesday, June 29, 2011
Keeping in line with its previous projection of growth for import and export container volumes in Europe, the monthly Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics expects volumes to be mostly flat through October, with increased expected in four of the next six months.
Posted on 06/29 at 08:44 AM
Tuesday, June 28, 2011
Not surprisingly, the primary concern among small to medium-sized businesses, is the economy
As we discussed last week, air cargo shippers are increasingly concerned about the ongoing recovery of service in the Asia Pacific trade lanes.
Taking steps to further leverage a relationship that has been intact since 2003, UPS and global pharmaceutical giant Merck said today they are expanding their distribution and logistics agreement on more of a global supply chain basis.
Two weeks after the price per gallon of diesel fuel was up for the first time in more than a month, diesel saw its second straight weekly decline, falling 6.2 cents to $3.888 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 06/28 at 10:13 AM
Monday, June 27, 2011
This decline continues a trend of uneven freight transportation volumes amid various economic indicators showing signs that the economic recovery has lost its footing in recent weeks especially.
The report stated that Deutsche Bahn management is considering restructuring Schenker’s U.S. business but added a withdrawal is more possible. And it added that Schenker management was due to deliver a business update by mid July and Deutsche Bahn executives plan to take a decision on the future of its U.S. business by the end of the year, possibly as early as August.
While there is a current moderation in freight volumes, the consensus from a Transport Capital Partners (TCP) survey appears to be that this moderation will not be lasting, with 80 percent of survey respondents indicating volumes will increase within the next 12 months.
Friday, June 24, 2011
Last week, I told you I was heading to Atlanta soon for the eyefortransport 3PL Summit. Well, I am back now and I can tell you this: it was worth the trip.
The ATA’s Trucking Activity Report said that there was an annualized rate of 75 percent for large truckload fleet driver turnover, representing a 69 percent increase from the fourth quarter of 2010 and a 39 percent annual increase compared to the first quarter of 2010. The first quarter turnover percentage is at its highest level since the second quarter of 2008.