Thursday, July 12, 2012
Company officials said the eight-door, five-acre facility will serve as a gateway to the Great Lakes shipping area in northern Minnesota and northwestern Minnesota.
Posted on 07/12 at 10:03 AM
Wednesday, July 11, 2012
The Department of Defense currently spends $400 billion each year acquiring products and services from defense contractors
The BTS said that the May TSI at 109.6 was unchanged from April and is 16.3 percent higher than April 2009’s low point during the recession.
The recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes means that most are now operating above break-even, said analysts with Drewry’s Container Research – a London-based industry think tank
If contemporary technology has a grand theme, it is that eventually digital will replace analog, and solid state will replace mechanical.
The report is calling for July import cargo volume to increase 1.6 percent annually, with modest annual gains expected in subsequent months into the holiday shipping cycle.
Tuesday, July 10, 2012
After slow but steady improvement over the first half of this year, small business optimism soured considerably in June, said analysts at IHS Global Insight
Posted on 07/10 at 02:27 PM
Supply Chain •
At a time when the economic recovery has clearly hit a soft patch and the economic road map remains highly uncertain, the road to recovery is being paved for future success.
The TCI, which reflects tightening conditions for hauling capacity and is comprised of various metrics, including capacity, fuel, bankruptcies, cost of capital, and freight, dipped 4.0 points from 9.1 in April to 5.1 in May, the most recent month for which data is available.
Posted on 07/10 at 09:30 AM
FTR Associates •
After seeing weekly declines for three months straight, diesel prices headed in the opposite direction this week, rising $3.5 cents to $3.683 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).