Friday, June 01, 2012
Truckload carriers are aiming for that “sweet spot” when the market hits supply and demand “equilibrium.” It’s close right now, but carrier executives fret that the hunt for drivers, rising fuel costs, and regulatory restraints make for a most uncertain future.
Company officials said this new name “is intended to better represent the company’s broad-based capabilities which include warehousing, transportation, packaging and order fulfillment.”
TSA officials said that this agreement will result in better communication sharing, stronger security, and more efficient air cargo transportation between the U.S. and the EU, which represents more then 1 million tons per year going to and from each continent and 20 percent of all EU outbound air cargo.
In every issue of Logistics Management
) we devote an article to the growing importance that warehouse and distribution center (DC) operations are playing in transportation and overall logistics management.
Brian pierce, chief economist at the International Air Transport Association (IATA), recently reported that there are mixed signals for air cargo shippers during this year and heading into next. Air cargo shippers need to be aware of the current and future challenges that are facing air carriers in order to better position themselves for the service levels and capacity they’ll need if their companies are going to compete on a global level.
As a logistics manager, understanding that oil and fuel prices are a function of supply and demand rather than the rogue actions of “evil speculators” is important.
Thursday, May 31, 2012
In a letter to Department of Transportation (DOT) Secretary Ray LaHood, Senator Maria Cantwell (D-WA) stressed the need for America to have a “clear strategy to improve freight mobility and the movement of goods from farm and factory to market.”
A developing market like China requires an approach that differs from mature markets like Europe and the U.S
Earlier today, the United States Department of Commerce’s Bureau of Economic Analysis released its second estimate for first quarter real gross domestic product (GDP), which checked in at 1.9 percent. This is short of the fourth quarter’s 3.0 percent and also short of the advance estimate for the first quarter, which was 2.2 percent.