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Thursday, November 11, 2010

Ocean carriers serving the U.S.-Puerto Rico trade may not be the only ones to feel the impact of a discriminatory tax on multinational companies

A.P. Moller-Maersk has indicated that ocean cargo rates are not only firming up, but will remain robust in the coming year

Learn the key tenets of Cost-to-Serve Optimization, and how it differs from both Cost-to-Serve Analysis and Activity-Based Costing. Understand the methodology for data collection and project execution. Delineate the alternatives that Cost-to-Serve Optimization presents and the impacts of their implementation.

Even though the prospect of raising the federal gasoline tax has been described as a “non-starter” multiple times as a way of increasing revenues for the Highway Trust Fund and other sources of transportation funding, it appears to be back on the table again.

Prior to this week’s G20 Summit in Seoul, Korea, the Washington, D.C.-based Airforwarders Association (AfA) sent a letter to President Barack Obama replete with suggestions on how the Administration could best work on making improvements and changes to air cargo security processes in light of the October attempts by terrorists to send explosives originating from Yemen to the United States on cargo and passenger planes.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) was up 1.0 percent in September, following a 0.6 percent August decline.

While unemployment remained high and foreclosures were on the rise, California’s exporters turned in another strong performance in September.

Wednesday, November 10, 2010

In a move that was widely anticipated, the European Commission imposed heavy fines on eleven air cargo carriers today for price fixing

Like in previous months, stagnant freight volumes, especially on the trucking side, appear to be the norm., according to the most recent Ceridian-UCLA Pulse of Commerce Index (PCI), which reported a 0.6 percent decline in October. This decline follows a 0.5 percent and 1.0 percent declines in September and August, respectively, marking the PCI’s first three-month decline since January 2009.

FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, is continuing its global expansion efforts, with this week’s announcement that it has opened five new offices in the Europe, Middle East, and Asia (EMEA) region. The company said the new offices are in: Budapest, Hungary; Prague, Czech Republic; Madrid, Spain; Milan, Italy; and Antwerp, Belgium.