Thursday, July 03, 2014
Non-manufacturing activity continued to remain on a growth track for the month of June, according to the Non-Manufacturing Report on Business from the Institute for Supply Management (ISM), which was released today.
Posted on 07/03 at 11:00 AM
Wednesday, July 02, 2014
A Reuters report released today stated that transportation and logistics titan UPS intends to invest $1 billion into its European operations on the next three-to-five years, primarily with an emphasis on expanding its logistics centers.
Posted on 07/02 at 12:40 PM
Global Logistics •
In an effort to grow its Priority Mail offering, the United States Postal Service (USPS) said this week that it has filed notice with the Postal Regulatory Commission to change prices for Priority Mail.
Posted on 07/02 at 10:59 AM
Priority Mail •
Shippers have been assured that negotiations for a new labor contract covering nearly 20,000 dockworkers at 29 West Coast ports will continue to move forward.
Tuesday, July 01, 2014
Rollercoaster demand levels and uneven freight volumes in 2013 created havoc in one of the more complicated years on record. In 2014, shippers will need to manage with all the savvy and experience that they can muster to get the capacity they need at a rate that’s fair.
The $35 billion less-than-truckload (LTL) market, benefitting from a rebound in the U.S. industrial sector, is enjoying a renaissance after five lean years. And leading LTL executives say it’s about time.
The $300 billion for-hire truckload (TL) sector is enjoying a fairly busy 2014, with most carriers reporting a balanced picture of tighter-than-average capacity against decent if not spectacular demand levels.
While there are currently more good signs than bad regarding the economy, it’s safe to say that we may need to “curb our enthusiasm,” as comedian Larry David may observe, until we see more sustained signs of growth and improvement. That is, of course, unless you follow the railroad and intermodal sectors.
Analysts and observers of global ocean cargo movement see a number of emerging trends surfacing in the ocean carrier arena later this year.
The 25th Annual State of Logistics Report states that revenues for the third-party logistics provider (3PL) sector rose 3.2 percent in 2013, much lower than the 5.9 percent growth the market saw in 2012.