Friday, November 16, 2012
The financial outlook for the United States Postal Service (USPS) remains dim, with this week’s announcement that it incurred a record net loss of $15.9 billion for fiscal year 2012, compared to a $5.1 billion loss in fiscal year 2011.
Carload volume—at 283,414—was down 5.4 percent annually, and intermodal at 249,531 trailers and containers—were up 1.9 percent.
Taking steps to bolster its cross-border service into Mexico, Chattanooga, Tennessee-based truckload and full-service freight transportation provider U.S. Xpress Enterprises Inc. announced two Mexico-related deals this week.
Thursday, November 15, 2012
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased 0.2 percent from August to September following a 0.1 percent decrease from July to August.
Posted on 11/15 at 01:12 PM
Freight TSI •
The Department of Commerce reported that October retail sales at $411.6 billion were down 0.3 percent compared to September and up 3.8 percent annually, and the NRF reported that October retail sales were down 0.3 percent on a seasonally-adjusted basis from September and up 3.9 percent on an unadjusted basis annually.
Despite the disruptive weather-related events caused by Hurricane Sandy, specifically in the Northeast region of the United States import volume growth continues to grow at a relatively strong pace, according to the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and Hackett Associates.
A new cloud-based technology platform that allows shippers to more efficiently collaborate with international suppliers and better manage their inbound supply chains has been introduced by UPS.
Posted on 11/15 at 10:43 AM
FedEx said this service will be made available for FedEx Freight Priority and FedEx Freight Economy shipments to and from the U.S. and Canada and intra-Canada, too, adding that the 10:30 A.M. Delivery has a money-back guarantee and is also available in the U.S.
Posted on 11/15 at 09:32 AM
Wednesday, November 14, 2012
The National Retail Federation today urged President Obama and Congress to come up with a plan to avoid the “fiscal cliff” by Thanksgiving, saying uncertainty over the pending combination of tax hikes and spending cuts threatens consumer confidence during the holiday shopping season that begins on Black Friday
Study explores risk and mitigation, talent acquisition and concept of "X-shoring."