Wednesday, February 01, 2012
Manufacturing picked up in 2012 where it left off in 2011: in growth mode. The ISM's PMI hit 54.1 in January, which was 1.0 percent better than January’s 53.1.
The House Transportation and Infrastructure Committee yesterday unveiled a five-year, $260 billion transportation bill entitled The American Energy and Infrastructure Jobs Act. This bill comes at a time when the current national surface transportation authorization, SAFETEA-LU, which is on its eighth extension at current funding levels since September 2009, expires at the end of March.
While Mexico and Canada remain our primary international opportunity, LM
’s analyst panel tell us that bolder players will be exploring more distant markets once the Panama Canal expansion is complete.
The Panama Canal expansion isn’t the only factor driving infrastructure improvement efforts. Count population growth, increased exports, new trade agreements, global competition, and shifting trade lanes as other elements pushing aggressive U.S. port investment and expansion.
This past month I was in Central America working with a natural resources firm on the negotiation of terms and freight for global supply and distribution. I was reminded again of the diversity of cultures and approaches to negotiation, contracting, and price components.
As supply chains continue to become more global and complex, the risk of disruption intensifies. Yet while most companies recognize the increased risk potential, many are ill prepared to handle a disruption. This article argues for a new set of risk management techniques in a world where heightened supply chain risk is now part of the game.
Mobile and wireless technology is making a measurable impact on today’s warehouse & DC operations. Savvy users are going multi-modal, pulling multiple technologies and software capabilities together to increase productivity, cut pick-rate errors, and increase inventory accuracy.
Company officials said this change reflects where it wants to go as a trucking company.
With freight costs rising, capacity constraints looming, and the complexities of global trade on the rise, our top analysts concur that global trade management (GTM) software will continue its slow-but-steady infiltration into today’s vernacular—that is if shippers can justify the ROI.
Taking the next steps to make its less-than-truckload (LTL) network more fluid for its largest unit, YRC, which began in earnest in October, YRC’s parent company YRC Worldwide is taking further steps that are designed to streamline and improve YRC’s efficiency.
Posted on 02/01 at 10:22 AM