Monday, July 02, 2012
The mid-year less-than-truckload (LTL) rate hike is nearly complete, with UPS Freight, the LTL subsidiary of UPS announcing a general rate increase (GRI) of 5.9 percent, effective July 16.
Posted on 07/02 at 10:04 AM
The ongoing economic malaise in Eurozone nations is not likely to see any meaningful signs of improvement in the near future. That was the main message in the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
The House approved the bill, which adopts the name of the Senate’s version, MAP-21 (Moving Ahead for Progress in the 21st Century), by a 373-52 margin, and the Senate signed on with a 74-19 vote. The bill was awaiting President Barack Obama’s signature for it to be signed into law at press time.
Sunday, July 01, 2012
The logistics industry has yet to climb back to the profitability it hit in 2007–the precipice from which it dropped during the recession. According to the report’s author and industry analysts, it may be a while until the overall industry hits full stride again.
Adoption rates for transportation management systems (TMS) hover around 37 percent, yet the systems have proven to be game-changing, cost-saving freight facilitators. If you’re still dragging your feet, here’s some food for thought.
Our transportation law expert provides shippers with a refresher course in the basic legal principles relating to claims for cargo loss and damage.
More savvy lift truck fleet managers are realizing that buying, renting, or leasing practices set the tone for future savings.
The growing number of supply chain certification programs now available opens up new opportunities for managers looking to advance their careers. But before embarking on any program, the experts advise, make sure that it has value to current and potential employers.
Posted on 07/01 at 05:00 PM
Special Reports •
July 2012 •
From 2010 to 2020, China’s aggregate household income will increase by more than $3.2 trillion. Income increases in India will total $1.4 trillion during the same period. This is definitely impressive, but hardly the whole story. In fact, rises of similar significance are expected in a host of “non BRIC” countries—emerging markets that should be on the radar screens of most global companies and, by implication, most supply chain executives.
Not long ago, the price for a barrel of crude was $110, and a gallon of regular gasoline would set you back nearly $4. While consumers wished for relief, politicians hunted scapegoats on Wall Street.