Thursday, November 19, 2015
Containership reliability “took a small step backwards” in October as the average on-time performance across all trades reached 77.9 percent.
Is the U.S. manufacturing economy at the start of an extended slowdown, or just a brief correction to draw down inventory? And if the economy is slowing, is the U.S. trucking industry on the verge of entering a profit-killing era of overcapacity as it was during the Great Recession of 2008-2010?
Wednesday, November 18, 2015
Companies are increasingly turning to Foreign-Trade Zones (FTZ) to reduce duties and lower costs. In fact, 57% of companies reported a decrease in import fees and experienced more optimal total landed costs per unit since using FTZs.
A recent Bloomberg report indicating that Canadian Pacific Railway Ltd. is looking to acquire Norfolk Southern was confirmed by the Class I railroads in separate statements issued over the past two days.
Tuesday, November 17, 2015
Two pending trucking sector regulations have received a fair amount of attention from the White House’s Office of Management and Budget (OMB) in recent days. One regulation relates to the final rule on Electronic Logging Devices (ELD), which OMB cleared today and the other is related to the driver coercion rule.
Posted on 11/17 at 02:45 PM
With a 2 cent decrease, the current average price per gallon now stands at $2.482, following last week’s 1.7 cent increase to $2.502.
Posted on 11/17 at 09:46 AM
The International Air Transport Association (IATA) welcomed the improvements in safety that have resulted from strong partnerships among aviation stakeholders in Latin America and the Caribbean, and urged governments in the region to use this as a template for working together in other areas.
Posted on 11/17 at 09:03 AM
Air Cargo •
Latin America •
Monday, November 16, 2015
Explore the value of building a TMS on carrier connectivity, explain the difference between doing this yourself versus working with a vendor that has baked this connectivity into its solution, and show the benefits that come from making this move early in the TMS selection and implementation process.
For the month of September, the TCI fell to 8.46, which was down from August’s 9.53 and ahead of July’s 8.07. The TCI reflects tightening conditions for hauling capacity and is comprised of various metrics, including capacity, fuel, bankruptcies, cost of capital, and freight. According to FTR, a TCI reading above zero represents an adequate trucking environment, with readings above ten indicating that volumes, prices, and margin are in a good range for carriers.
Posted on 11/16 at 01:52 PM
While its top-line losses remain intact, with last week’s announcement that it had a $5.1 billion fiscal year 2015 net loss, there are some bright spots mixed in with last week’s fiscal year 2015 earnings announcement from the United States Postal Service (USPS).