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Wednesday, February 03, 2016

The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 53.5 in January (a level of 50 or higher indicates growth), which was 2.3 percent below December, while economic activity in the non-manufacturing sector continued to grow for the 72nd month in a row. The current PMI is 3.4 percent below the 12-month average of 56.9.
Posted on 02/03 at 11:56 AM
NewsISMNon-manufacturingPermalink


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Intermodal volumes for the fourth quarter of 2015 were mostly in line with both volumes and trends that were intact through the first three quarters of the year, according to the Intermodal Market Trends & Statistics Report issued this week by the Intermodal Association of North America (IANA).
Posted on 02/03 at 10:02 AM
NewsIntermodalIANAPermalink


Tuesday, February 02, 2016

Spokesmen for the Port of Oakland said they were blind-sided by Ports America Outer Harbor’s decision to file bankruptcy.
Posted on 02/02 at 04:57 PM
NewsPortsContainerLogisticsLaborPermalink


Coming off of a record-breaking 2015, 2016 looks to be another banner year for supply chain real estate occupiers and investors, according to a logistics survey report recently issued by industrial real estate firm JLL. In its second annual Global Logistics Sentiment Survey, JLL culled feedback and opinions from 659 global logistics market experts on key property sector performance indicators by taking a look at the last six months and their expectations for the next six months.
Posted on 02/02 at 01:28 PM
NewsJLLreal estatePermalink


Over this 12-week stretch of declines, diesel prices have dropped a cumulative 46.1 cents. And the current average price per gallon is now at its lowest level since the week of March 16, 2009, when it was at $2.017 per gallon. The previous lowest comparison week prior to this week’s decline was the week of March 23, 2009, when it was at $2.09.
Posted on 02/02 at 10:58 AM
NewsEIADiesel PricesPermalink


UPS finished 2015 in solid fashion, with strong fourth quarter earnings results. Fourth quarter revenue at $16.1 billion was up 1 percent annually, and earnings per share were up 26 percent at $1.57, marking the fourth straight month of EPS growth. For all of 2014, EPS was up 14 percent annually at $5.43, which was an all-time high. Total operating profit also set a new record, up 54.3 percent at $7.7 billion.
Posted on 02/02 at 10:03 AM
NewsUPSe-commerceUPS FreightPermalink


Monday, February 01, 2016

Ten Southeast Asian countries launched a long-term plan to achieve regional economic integration within the next 10 years to better compete with China, Japan and South Korea. However, transportation infrastructure must be rapidly improved for this to happen.
Posted on 02/01 at 10:00 PM
FeaturesGlobal TradeFebruary 2016ASEANPermalink


Our panel suggests that carrier consolidation will continue, but will be largely confined to specific trade lanes and commodity niches. In the meantime, shippers and carriers must cooperate at an unprecedented level for sustainable solutions to emerge.
Posted on 02/01 at 09:00 PM
FeaturesTransportation TrendsFebruary 2016Ocean ShippingPermalink


We examine the key drivers of global trade management (GTM) software growth and why more shippers will need to put it to work in the near future.
Posted on 02/01 at 08:00 PM
FeaturesGlobal Trade ManagementGTMFebruary 2016Permalink



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