Friday, February 18, 2011
Continuing a trend that showed signs of increasing traction during the second half of 2010, there are signs that transportation and logistics merger & acquisition activity is continuing to rebound, according to PricewaterhouseCoopers (PwC).
As I have discussed before, housing and unemployment remain a drag on the economy, but there are other things happening that are positive, including higher U.S. export volumes, the slow process of credit availability becoming more prevalent, sequential increases in GDP growth, and promising manufacturing data showing strong momentum.
The Federal Maritime Commission took several steps yesterday to reduce regulatory burdens and bring cost savings and flexibility to the shipping industry and the customers they serve.
With a high level of acrimony surrounding the U.S.-Mexico cross-border trucking program in recent years, there are some recent signs that the effort may be regaining its footing.
On the heels of President Obama’s recently released proposed fiscal year 2012 budget request, there have been no shortages of opinions regarding the transportation components of the budget, most notably the proposed six-year, $556 billion surface transportation reauthorization proposal.
With the release of President Obama's fiscal 2012 budget, the American Association of Port Authorities is expressing both optimism and disappointment over various aspects of the budget pertaining to seaport
The Surface Transportation Board (STB) this week unveiled a proposal to reduce filing fees for complaint cases for shippers to $350. This would be a significant reduction, as under the current process shippers can pay up to $20,600 to file a complaint.
Both ports show double-digit annual gains for imports and exports.
Thursday, February 17, 2011
According to a recent report in The Financial Times, China is in negotiations over the construction of a 137-mile rail link across Colombia that represents a competitive route. When completed, Chinese exporters could ship finished goods into Latin America while sourcing raw materials for outbound vessel deployment.
Wednesday, February 16, 2011
As news reports continue to track the transit of two Iranian warships through the Suez Canal, global shippers may also be ready to rethink their supply chain strategies