Wednesday, February 29, 2012
Positive signs regarding the economy remain intact with today’s news from the Department of Commerce which indicated that fourth quarter GDP was up at an annual rate of 3.0 percent. This is the second estimate for the fourth quarter released by Commerce, and it represents a nice sequential gain, too, as third quarter GDP rose only 1.8 percent by comparison.
Posted on 02/29 at 11:17 AM
In an ongoing effort to expand its global presence, Dachser USA, a subsidiary of Global 3PL Dachser, said this week that Dachser has begun construction on a new branch office in Zevenaar, the Netherlands.
Posted on 02/29 at 10:00 AM
Global Logistics •
Tuesday, February 28, 2012
Following up a strong month is never an easy thing to do. And the data from the American Trucking Associations’ (ATA) January 2012 trucking volume data was no exception.
This represents the first time diesel prices have topped the $4 per gallon mark since hitting $4.01 the week of November 21. And it is the highest level for diesel prices since hitting $4.124 the week of May 2.
Posted on 02/28 at 12:23 PM
Diesel Prices •
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 11.6 percent on December 2011 compared to December 2010 at $74.2 billion.
As was the case in its previous edition, the Global Port Tracker Report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics, is calling for continued worsening of economic conditions in Europe.
YRCW reported today that for the fourth quarter of 2011 its consolidated operating revenue—at $1.212 billion—was up 11.1 percent annually, with a consolidated operating loss of $38 million.
Monday, February 27, 2012
One day after the Academy Awards, a new kind of corporate movie makes its debut
INTTRA, a leading provider of e-commerce solutions for the ocean freight industry, reports an increase in usage of their global e-commerce solutions by the containerized shipping industry
APM-Maersk has reported an operating loss of $386 million for its container shipping and logistics activities for 2011.