Monday, November 19, 2012
Had enough of reading and hearing about companies scaling back investment, research, and hiring plans, due to the pending Fiscal Cliff and other things like economic uncertainty? Well, hold on for a while, because this stuff is not fading away anytime soon.
Posted on 11/19 at 02:33 PM
According to company officials, non-contractual 2013 rates will be comprised of a net increase of 4.5 percent for UPS Air and International Services and UPS ground packages are going up 4.9 percent.
Posted on 11/19 at 11:16 AM
The Port of Los Angeles has released its October 2012 cargo volumes. Overall volumes increased .82 percent compared to October 2011.
The International Air Transport Association (IATA) welcomed the announcement by the European Commissioner for Climate Action suspending the inclusion of international aviation in the European Union Emissions Trading Scheme (EU ETS).
Posted on 11/19 at 10:07 AM
Air Cargo •
Air Freight •
Zepol Corporation reported this week that U.S. import volume in October, measured in TEUs (twenty-foot-containers), is down 6.8% from September and another 4.8% from October of last year.
Friday, November 16, 2012
Earlier this week, media reports indicated that the European Union (EU) will implement a one-year “freeze” on its costly emissions trading scheme (ETS) that would impose new emissions taxes on U.S. and the United States and other nations’ air carriers flying into and out of the EU.
The financial outlook for the United States Postal Service (USPS) remains dim, with this week’s announcement that it incurred a record net loss of $15.9 billion for fiscal year 2012, compared to a $5.1 billion loss in fiscal year 2011.
Carload volume—at 283,414—was down 5.4 percent annually, and intermodal at 249,531 trailers and containers—were up 1.9 percent.
Taking steps to bolster its cross-border service into Mexico, Chattanooga, Tennessee-based truckload and full-service freight transportation provider U.S. Xpress Enterprises Inc. announced two Mexico-related deals this week.
Thursday, November 15, 2012
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased 0.2 percent from August to September following a 0.1 percent decrease from July to August.
Posted on 11/15 at 01:12 PM
Freight TSI •