Wednesday, July 15, 2015
In a development certain to resonate with logistics managers, the Federal Maritime Commission has just released a report entitled U.S. Container Port Congestion & Related International Supply Chain Issues: Causes, Consequences & Challenges.
The cost and the pain of the U.S. West Coast congestion were so high that many shippers will definitely re-route a portion of their Asian freight volume to the Gulf, East Coast ports and the Canadian ports.
Tuesday, July 14, 2015
House Ways and Means Committee Chairman Paul Ryan (R-WI) and House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) yesterday introduced the Highway Transportation and Funding Act of 2015. This bill would reauthorize surface transportation programs through December 18, 2015 and be paid with roughly $8 billion in common sense reforms, according to Ryan and Shuster.
Posted on 07/14 at 01:03 PM
Momentum created by decent retail sales growth in May did not carry over into June, with sales showing unexpected declines, according to data issued today by the United States Department of Commerce and the National Retail Federation.
This marks the seventh straight weekly drop during which time the average price per gallon has dropped, with the cumulative decline at 9.5 cents. And it also marks the longest period of weekly declines to date in 2015 as well.
Posted on 07/14 at 10:04 AM
Diesel Prices •
Monday, July 13, 2015
In this era of fading differentiation in carrier service, how do supply chain managers determine which provider is best for them?
Posted on 07/13 at 10:51 AM
Ocean Shipping •
For May, the most recent month for which data is available, the TCI was 4.91, which was off 25 percent compared to April’s 6.7 and stands as a three-year low for the TCI. The March TCI was 7.3.
Posted on 07/13 at 09:39 AM
Friday, July 10, 2015
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) headed up 0.8 percent from April to May on the heels of a 1.8 percent decrease from March to April.
U.S. carloads were down 7.1 percent annually at 251,269, and intermodal was up 12.3 percent at 255,015 containers and trailers.
Posted on 07/10 at 07:20 AM
Settling a widely followed lawsuit brought by more than 2,300 California workers at FedEx Ground and FedEx Home delivery, parent FedEx Corp. has agreed to create a $228 million fund and resolve a decade-long lawsuit involving misclassification of workers.
Posted on 07/10 at 01:43 AM
FedEx Ground •