Wednesday, February 06, 2013
In many ways, the January edition of the Cass Freight Index report released by Cass Information Systems earlier today was much like the one issued by Cass for December in that freight transportation market conditions were relatively flat and possibly heading downward.
The schedule will be comprised of Monday-Saturday package delivery and Monday-Friday mail delivery, which the USPS said would result in roughly $2 billion in annual savings. This plan also factors in employee reassignment and attrition, said the USPS.
Posted on 02/06 at 11:36 AM
Tuesday, February 05, 2013
In its monthly Non-Manufacturing Report on Business, the ISM reported that the index it uses to measure non-manufacturing growth—known as the NMI—was 55.2 in January, down 0.5 percent from December and above the 12-month average of 54.5.
Class I railroad carrier Canadian Pacific (CP) said this week that Keith Creel has been named president and COO, effective today. Creel joins CP from Canadian National Railway Company (CN), where he served as vice president and chief operating officer.
Myriad difficult economic circumstances in the Eurozone, including unemployment, consumer confidence, and especially tight fiscal policies were drivers in the European economy continuing to head for a contraction, which will further hinder trade activity, according to the report.
The International Civil Aviation Organization (ICAO) should serve as the focal point for implementing global air cargo supply chain security standards, the Global Air Cargo Advisory Group (GACAG) says.
Posted on 02/05 at 11:33 AM
Air Cargo •
Air Freight •
The 9.5 cent gain represents the largest weekly increase since the price moved up 6 cents to $4.034 the week of November 11, and it is the first time weekly prices topped the $4 per gallon mark since reaching $4.027 the week of December 3.
Posted on 02/05 at 11:32 AM
Diesel Prices •
Monday, February 04, 2013
The battle lines between shippers and carriers comprising the Transpacific Stabilization Agreement (TSA) are shaping up early as both sides make plans for future contracting.
The outlook for logistics and supply chain professionals is as good as it’s been in years. And for those individuals that have the academic credentials to go with their experience, the picture is even brighter.
Posted on 02/04 at 11:30 AM
A law firm's report indicates CBP is expected to issue by the end of May a proposed rule that would make various changes to increase the accuracy and reliability of the advance information submitted under the importer security filing, or ‘10 + 2 rule.
Posted on 02/04 at 11:29 AM