Thursday, September 18, 2014
A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.
Wednesday, September 17, 2014
Spot market freight volumes for the month of August remained elevated compared to seasonal norms, according to data issued this week Portland, Oregon-based freight marketplace platform and information provider DAT.
Posted on 09/17 at 11:29 AM
Spot Market •
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The Atlanta-based company said that it plans to hire between 90,000-to-95,000 seasonal employees, up from about 85,000 last year, to support “the anticipated holiday surge” for package deliveries commencing in October and running through January.
Posted on 09/17 at 09:47 AM
The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.
The World Shipping Council (WSC) released an update to its survey and estimate of containers lost at sea.
Tuesday, September 16, 2014
Total POLB volumes dropped 9.1 percent in August at 573,083 TEU, and POLA volumes in August were up 6.7 percent compared to August 2013 at 757,702 TEU.
Following a week in which the average price per gallon was flat, diesel prices resumed their decline, falling 1.3 cents to $3.801 per gallon, according to the Department of Energy’s Energy Information Administration.
Posted on 09/16 at 09:01 AM
Diesel Prices •
Monday, September 15, 2014
Read how others are using Business Process Modeling to implement Microsoft Dynamics AX with reduced risk.
While diesel prices have largely been out of the spotlight in 2014, freight transportation and logistics stakeholders always need to keep a close eye on what prices are doing, as it has a significant impact on transportation budgets and forecasting.
Posted on 09/15 at 01:51 PM
Diesel Prices •