Thursday, January 05, 2012
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 13.8 percent in October 2011 compared to October 2010, hitting $79.0 billion.
While November marked the two-year anniversary of consecutive growth in the non-manufacturing sector, December made sure the push for three straight growth years got moving in the right direction, according to the Institute for Supply Management (ISM).
While 2012 is expected to be a slow growth year overall for commercial real estate sector, a report from global commercial real estate company Grubb & Ellis Company cited how the logistics real estate market “has become the most resilient and dynamic segment of the overall U.S. industrial real estate market."
Wednesday, January 04, 2012
As noted in recent news, air cargo demand has fallen off just when 2012 was being ushered in.
Following a December ruling by the Federal Aviation Administration (FAA) focused commercial airline pilot scheduling, which provides pilots with a longer opportunity for rest before entering the cockpit, union groups representing pilots at FedEx and UPS have spoken out about how the rule does not apply to air cargo operators.
Posted on 01/04 at 01:55 PM
Air Freight •
Air Cargo •
The International Air Transport Association announced global traffic results for November showing a weaker air cargo market compared to levels attained earlier in the year.
While it has only been a few months since Seattle-based EquaShip made its entrance into the parcel sector marketplace, the company appears to be highly committed to making itself a cost-efficient alternative for shippers that traditionally turn to the parcel duopoly of FedEx and UPS.
The price per gallon for diesel gasoline continued heading south, falling 0.8 cents to $3.783 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 01/04 at 10:25 AM
Diesel Prices •
Tuesday, January 03, 2012
The December edition of Institute for Supply Management’s (ISM) Manufacturing Report on Business pointed to manufacturing growth finishing 2011 on a positive note.
Following a $150 million infusion in August geared towards an effort to grow the United States natural gas vehicle sector, Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America, recently announced company investors, including Clean Fuels chairman and founder T. Boone Pickens, invested another $150 million into the company in late December.