Monday, February 01, 2016
Third-party logistics and freight transportation services provider XPO Logistics said late last week that it has commenced a workforce reduction for its less-than-truckload (LTL) unit, which it acquired from Con-way, when XPO acquired Con-way last year.
Posted on 02/01 at 09:47 AM
XPO Logistics •
Busy transportation managers are dealing with lots of news on a daily basis in the areas of domestic and international freight. For most U.S. shippers, the focus is on domestic issues of dimensional freight rates and hours-of-service (HOS) rule changes. For many shippers, it’s only when new regulations or process changes require action that they stop and look at their ocean freight costs, processes and business partners.
If it feels like global oil and fuel markets are in a constant state of turmoil—it’s because they are. And as we enter 2016, markets could not be more unstable.
Friday, January 29, 2016
Class I railroad carrier Norfolk Southern this week released additional information on its strategic plan, which it said is geared to streamline operations and drive profitability and growth on various fronts. NS officials said its projected expense reduction and cost control efforts will be focused in a few specific areas, including compensation and benefits, purchased services and rents, materials, and fuel. The company initially introduced the plan on December 4, 2015.
Logistics managers seeking yet one more forecast as the year gets underway, may wish to check in with Rodger Howell, PwC’s Strategy& Principal, specializing in strategy and operations. He sees a few key areas that should be central to corporate efforts during 2016.
Posted on 01/29 at 10:33 AM
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico fell 8.4 percent to $88.2 billion in November 2015, with all modes of transportation having a lower freight value compared to the same period in 2014.
Posted on 01/29 at 08:47 AM
Carloads fell considerably, falling 19.5 percent annually to 237,190, and intermodal containers and trailers were down 0.1 percent annually at 253,134.
Posted on 01/29 at 01:48 AM
Thursday, January 28, 2016
The most recent edition of the Shippers Condition Index (SCI) from freight transportation consultancy FTR issued this week points to mild market conditions. FTR describes the SCI as an indicator that sums up all market influences that affect the transport environment for shippers, with a reading above zero being favorable and a reading below zero being unfavorable and a “less-than-ideal environment for shippers.”
Posted on 01/28 at 12:00 PM
Global logistics services provider and freight forwarder C.H. Robinson said this week it has opened up a certified cargo screening facility (CCSF) for air cargo in Carson, California, which it set will screen air cargo directly, instead of relying on third party facilities. This is the company’s second CCSF. It opened its first one in Chicago in April 2012.
Posted on 01/28 at 11:20 AM
Air Cargo •
C.H. Robinson •
Wednesday, January 27, 2016
Already facing issues ranging from overcapacity, downward pricing pressure, and more brand consolidation, carriers must now confront shipper’s concerns about regulatory mandates that will likely result in more seaport congestion.