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Wednesday, November 03, 2010

The Institute of Supply Management’s (ISM) Non-Manufacturing Report on Business for October continued the momentum it showed in September. The ISM’s index for measuring the sector’s overall health—known at the NMI—was 54.3 in October, a 1.1 percent gain from September.

While surfing through the cable news channels on Election Night, it became pretty clear that Congress would be turning from a Democratic-led entity to a divided one, with Democrats retaining a slim margin in the Senate and Republicans making a strong showing in the House to take control. Given the possibly unprecedented level of political acrimony in recent years, it is no surprise that things went the way they did last night. So, the big question now becomes, what happens now?
Posted on 11/03 at 08:24 AM
BlogsPermalink


Tuesday, November 02, 2010

UPS announced that new rates will kick in, effective January 3, 2011. Company officials said that 2011 rates will include a net increase of 4.9 percent for UPS ground packages and a net increase of 4.9 percent on all air express and U.S. origin international shipments.
Posted on 11/02 at 12:48 PM
NewsUPSFedExHempstead ConsultingPermalink


Following the recent attempt by terrorists to send explosives to the United States on cargo and passenger planes, Massachusetts Representative Edward J. Markey (D) said he plans to introduce legislation requiring 100 percent screening of all cargo on cargo planes.
Posted on 11/02 at 11:21 AM
NewsAir CargoAlbert SaphirEdward J. MarkeyPermalink


Coming on the heels of the ratified labor agreement by Teamsters employees at less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW), LTL player ABF Freight Systems announced it is taking legal action against the International Brotherhood of Teamsters and various YRCW subsidiaries, as well as other entities.
Posted on 11/02 at 09:42 AM
NewsLTLYRC WorldwideTeamstersABFSSatish JindelPermalink


The average price per gallon of diesel gasoline remained above the $3 per gallon for the fifth straight week, according to data released this week by the Department of Energy’s Energy Information Administration.
Posted on 11/02 at 05:40 AM
NewsDiesel PricesEnergy Information AdministrationOil PricesPermalink


Monday, November 01, 2010

Coming off of September which showed a nearly 2 percent sequential decline, the most recent edition of the Institute of Supply Management’s Manufacturing Report on Business showed signs of improvement in October.
Posted on 11/01 at 01:36 PM
NewsInstitute for Supply ManagementManufacturingNorbert J.Permalink


Following two straight months of growth, the October edition of the Cass Information Systems Freight Index fell in October.

U.S. retailers and manufacturers continue to increase their reliance on air cargo from Asia, said a leading supply chain authority.
Posted on 11/01 at 09:47 AM
NewsAir CargoAirforwarders AssociationIATAPermalink


Less-than-truckload (LTL) transportation services provider YRC Worldwide Inc. (YRCW) took a significant step forward in its recovery plan, announcing that more than 60 percent of its roughly 40,000 Teamsters members voted to ratify a modified labor agreement.
Posted on 11/01 at 09:10 AM
NewsLTLYRC WorldwideTeamstersPermalink



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