Tuesday, August 04, 2015
Falling 5.5 cents to $2.668 per gallon, this follows last week’s 5.9 cent decline for the lowest weekly average price going back to the week of October 14, 2009, when it was at $2.60 per gallon.
Posted on 08/04 at 11:07 AM
With the latest round of Trans-Pacific Partnership (TPP) negotiations in Maui, Hawaii ending without a deal, U.S. supply managers may be adjusting to other global sourcing strategies.
Posted on 08/04 at 09:55 AM
Monday, August 03, 2015
The PMI, the ISM’s index to measure growth fell 0.8 percent to 52.7 (a PMI of 50 or greater represents growth). PMI growth has been at 50 or higher for 31 straight months (with the overall economy growing for 74 months), and the current PMI is 1.7 percent below the 12-month average of 54.4.
Posted on 08/03 at 01:07 PM
The current status of FedEx’ planned acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which was initially announced in April, remains in flux, with continued actions being taken by the European Commission.
Posted on 08/03 at 10:57 AM
TNT Express •
Panjiva said that the 1 percent sequential growth was in line with typically flat growth from May to June, as higher monthly growth typically takes hold in July and August in advance of the holiday season.
Posted on 08/03 at 10:08 AM
global trade •
Hackett officials described this new offering as a short-term index that offers up “the sentiment for trade at a glance,” akin to other key economic metrics like the PMI and Consumer and Carrier confidence indices, while providing access to specifically see where a group of economic indicators are in relation to trade for the current month, too.
Saturday, August 01, 2015
Which carriers, third-party logistics providers, and U.S. ports have crossed the service-excellence finish line ahead of their competitors? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
As we roll deeper into 2015, the longer-haul less-than-truckload (LTL) sector remains solidly profitable overall. Carriers in this category are seeing capacity closely aligned with demand, and with significant barriers to entry in the sector, little additional capacity is expected in the near future.
While still facing many of the regulatory and driver recruitment challenges facing their longer-haul less-than-truckload (LTL) brethren, our reporting over the past year indicates that the Regional LTL sector has found its footing in terms of capacity alignment and revenue growth.
As Jeff Berman recently reported in our 2015 Rail/Intermodal Roundtable, the many service performance issues that faced the nation’s rail networks over this past winter and into early spring are clearly on the mend—and that’s great news for shippers heading into the peak season.