Monday, May 21, 2012
A Financial Times report noted that Royal Dutch Shell expects U.S. natural gas prices to double by 2015, as they rebound from the ten-year lows due to the shale gas boom at a time when U.S.-based demand for natural gas continues to rise.
Posted on 05/21 at 02:52 PM
Natural Gas •
Recent data from TransCore noted that April marked the best single month volume output for the spot market, based on its TransCore’s DAT North American Freight Index, which reflects spot market freight availability on its network of load boards in the United States and Canada.
2011 marks the second year of double-digit growth for the SCM software market as supply chain investments kept their priority status and moved forward, despite caution from IT budget decision makers.
Friday, May 18, 2012
While we join the Institute for Supply Management its praise for its outgoing CEO, we welcome the news that the top position will be filled by Thomas W. Derry
Carload volume—at 279,063—was down 5.2 percent annually, and intermodal at 238,980 trailers and containers—were up 3.1 percent annually
Posted on 05/18 at 10:12 AM
The Department of Homeland Security’s Transportation Security Administration (TSA) said this week that it has set a December 3, 2012 deadline, which requires passenger air carriers to conduct 100 percent cargo screening on international inbound flights.
Thursday, May 17, 2012
Class I railroad carrier Canadian Pacific Railway Ltd. said ahead of its annual shareholder meeting earlier today that Fred Green, president and CEO, has left the company. This move comes in the wake of a proxy vote by activist investor Bill Ackman, head of Pershing Square Capital Management, and the single largest CP shareholder with a 14.1 percent stake in the company.
April volumes at the Port of Long Beach (POLB) were down 13 percent annually, according to data released by the port this week.
Wednesday, May 16, 2012
This marks the third consecutive year that supply chain concerns have increased, says BDO USA, a leading accounting and consulting organization
Housing starts were up 2.6 percent in April at a seasonally adjusted annual rate of 717,000 compared to March’s revised estimate. This represents a 29.9 percent year-over-year gain from April 2011. A nearly 30 percent increase. What exactly does that tell us—that a year ago at this time housing starts were still basically terrible or that things are really getting better. I suspect that it is a combination of both.