Wednesday, October 20, 2010
While trade warriors in the U.S. are having a hard time selling their mission to policy-makers, China is steadily conquering new markets
Posted on 10/20 at 12:21 PM
A new report from supply chain consultancy Armstrong & Associates Inc. states that United States-based commercial warehousing revenue will hit $50 billion in 2010. The report notes that combined contract and public warehousing revenues are expected to top 2008 levels by 2 percent after a 2009 decline. And it added that the contract and public warehousing market now represents 45 percent of the entire U.S. warehousing market.
Leaders from Southern California’s goods movement industry today announced their unanimous opposition to Measure D
While U.S. shippers have yet to measure Intra-Asia trade will have on their sourcing strategies, one prominent ocean liner executive maintains that it will be significant
The global economic crisis of 2008 and 2009 provided significant disruptions and high demand volatility in supply chains for companies across many industries, said PRTM director, Rick Hoole. Speaking at the 2010 Supply Chain Council Executive Summit in Houston last week, he said that the degree to which companies can capture benefit from an eventual upturn will depend largely on how they deal with five key supply chain challenges.
Manufacturers and members of the nation’s supply chain community welcomed the news last week that the Department of Interior’s would be ending the offshore drilling moratorium in the Gulf Coast region.
Tuesday, October 19, 2010
The pace of the economic recovery and strategies to meet economic challenges, coupled with opportunities to refine capabilities, increase efficiencies and drive down costs, are among top of mind objectives for retail-based shippers, according to the findings of a recent study conducted by The Retail Industry Leaders Association (RILA) and Auburn University.
Class I railroad carrier Union Pacific this week officially opened its 785-acre, nearly $370 million Joliet, Illinois Intermodal Terminal. Construction on the $370 million terminal began in August 2008, with phase one completed this past August. It is located five miles south of I-80 and seven miles east of I-55.
Posted on 10/19 at 09:05 AM
Union Pacific •
The average price per gallon of diesel gasoline remained above the $3 per gallon for the third straight week, according to data released this week by the Department of Energy’s Energy Information Administration. For the week of October 18, the EIA reported that average diesel prices are $3.073 per gallon, a 0.7 cent increase from the week of October 11.
Posted on 10/19 at 08:34 AM
Diesel Prices •
After nine months of steady recovery, California’s merchandise export trade showed signs of faltering in August.
Posted on 10/19 at 07:28 AM