Monday, January 09, 2012
The latest saga in the grounding of the cargo vessel, Rena, has the government of New Zealand taking emergency actions.
Once the sale of the building, which will remain open until March 31, is complete, the report said YRCW will have roughly 4,000 employees based in Ohio.
In today’s world of fluctuating order volumes, rising transportation costs and declining capacity, it’s critical for shippers and carriers to take a true partnership approach.
Friday, January 06, 2012
Now that we are officially into 2012, it is a good time to assess just how things stand in regards to what is ahead of us. Compared to recent years, the dismal 2009 comes to mind, it stands to reason that things could truly be much worse. But at the same time we have many things to be concerned about.
The total container capacity of ships deployed on liner trades grew by 7.3 percent in 2011 to reach 15.90 million TEU according to Alphaliner, the Paris-based shipping consultancy.
Following two straight months of declining freight shipments and expenditures, the December 2011 edition of the Cass Freight Index inched closer to positive territory.
A major breakthrough toward a more sustainable cargo network has been announced by the “niche” Port of Stockton, California.
Seattle-area based Pacific Alaska Freightways (PAF), a provider of freight transportation services to Alaska, including steamship, barge, rail, air, truckload, less-than-truckload, and intermodal, said that it has officially acquired Southern Alaska Forwarding, a freight consolidator serving Kodiak and Cordova, Alaska from Seattle.
Thursday, January 05, 2012
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 13.8 percent in October 2011 compared to October 2010, hitting $79.0 billion.
While November marked the two-year anniversary of consecutive growth in the non-manufacturing sector, December made sure the push for three straight growth years got moving in the right direction, according to the Institute for Supply Management (ISM).