Tuesday, March 22, 2011
The GPA announced that it experienced 16.3 percent container volume growth in February 2011 with additional impressive gains in automobiles, machinery and wood pulp
Monday, March 21, 2011
Words cannot describe the human and emotional impacts of the devastating Japan earthquake, tsunami, and the still-unfolding nuclear disaster at the Fukushima Daiichi power plant. Nearly half a million people have been displaced, forced to find shelter from the snow and freezing temperatures, and the death toll—currently estimated to be 6,911—continues to climb with more than 10,000 people still missing.
Posted on 03/21 at 12:13 PM
No major disruptions to inbound and outbound calls are anticipated, but carriers remain on guard
As President Obama completes his trip to Brazil, Chile and El Salvador, U.S. manufacturers are urging his administration to move forward on a the pending free trade agreement with Colombia.
Friday, March 18, 2011
UPS recently announced that it has appointed Scott Wicker as its first Chief Sustainability officer. Wicker previously served as UPS’s vice president of corporate plant engineering and has been with the company for 34 years, first joining as a package loader before serving in various engineering positions.
Even though the trucking industry appears to benefit from relatively healthy volume growth, there are enough obstacles in the way to make its future outlook somewhat cloudy. That is the consensus of a recent survey from Transport Capital Partners (TCP).
Japan’s supply chain continues to be disrupted by the ongoing consequences of last week’s earthquake
Railroad volumes continued trending in the right direction, with volumes up again for both carload and intermodal for the week ending March 12, according to data from the Association of American Railroads (AAR).
Thursday, March 17, 2011
Net income for the quarter—at $231 million—was down 3 percent from last year’s $239 million, but quarterly revenue at $9.66 billion was up 11 percent from last year’s $8.70 billion. Operating income—at $393 million—was down 6 percent year-over-year.
Following last Friday’s earthquake and subsequent tsunami, nearly all Japanese automakers have idled production, owing to either physical damage or rolling blackouts.