Tuesday, January 26, 2016
Cushman & Wakefield announced that U.S. industrial vacancy reached a 15-year low as strong net absorption in the final quarter placed 2015 net occupancy gains among the strongest on record.
Diesel prices keep falling, with the United States Department of Energy Administration reporting this week that the average price per gallon of diesel dropped 4.1 cents to $2.071 per gallon this week.
Posted on 01/26 at 09:29 AM
Diesel Prices •
Monday, January 25, 2016
Various global economic concerns and trends made their presence felt in both North America and Europe, according to the most recent edition of the “Global Trade Pulse” from global maritime and trade consultancy Hackett Associates.
Join our panel of panel of energy, logistics, trade, and transportation analysts for an exclusive look at where rates are headed and the issues driving those rate increases over the coming year.
The controversy over reshoring has flared up again thanks largely to some research published by the managing consulting firm A. T. Kearney in December 2015.
National Retail Federation is leading a coalition of more than 100 groups in sending specific recommendations to the Department of Transportation
Friday, January 22, 2016
One of the chief reasons the Port of Oakland remains so bullish on its future cargo operations is the fact that it is located in the epicenter of innovation, noted the port’s executive Director Chris Lytle yesterday.
The sale of Long Beach Calif.-based non asset-based third-party logistics (3PL) services provider UTi Worldwide to Denmark-based global 3PL DSV for $1.35 billion and $7.10 per share is now official, UTi and DSV officials said today. This follows an October announcement from UTi in which it said it had entered into a definitive agreement to be acquired by DSV.
Posted on 01/22 at 09:04 AM
UTi Worldwide •
Carloads for the week ending January 16 were off 16.6 percent annually at 242,670, and intermodal containers and trailers were up 1.1 percent annually at 263,763.
Posted on 01/22 at 08:41 AM
Thursday, January 21, 2016
In testimony before the United States Senate Commerce Committee on his nomination to become administrator of the Federal Motor Carrier Safety Administration yesterday, Scott Darling, acting administrator and chief counsel Scott Darling addressed next steps for CSA, also known as Compliance, Safety, and Accountability program.
Posted on 01/21 at 01:05 PM