Thursday, April 12, 2012
Coming off a decline in global trade activity, due in part to the Chinese New Year, from January to February, things took a turn for the better from February to March, according to data from Panjiva.
Posted on 04/12 at 11:16 AM
Global Trade •
In an effort to augment challenges pertaining to over-the-road cross-border shipping, UPS said this week it has rolled out UPS Cross Border Connect, which it described as a ground freight service between the United States and Mexico focused on easing heavyweight freight supply chain challenges for companies investing in cross-border trade.
Wednesday, April 11, 2012
Peter Friedmann, executive director of the Agriculture Transportation Coalition met with Federal Maritime Commisssion Chair, Richard A. Lindinsky, last week to discuss confidential service contracts and their negative impact on U.S. exports
This slight increase comes on the heels of a 3.6 percent decline from December to January. The Freight TSI has seen sequential gains in five of the last six months.
Following four straight quarters of increasing turnover rates for truckload drivers at large fleets, data from the American Trucking Associations (ATA) found that the turnover rate in the fourth quarter declined, albeit very slightly.
Fuel costs are increasing by the day with no sign of letting up and these increasing costs along with inefficient asset utilization are having a dramatic impact on the margins of organizations with fleet operations.
If you are a shipper hoping that diesel prices will start heading down after being above the $4 per gallon mark over the last several weeks, you may need to temper your expectations. The latest reason for this sentiment comes from the United States Department of Energy’s Energy Information Administration (EIA) in its recently updated Short-Term Energy Outlook.
Posted on 04/11 at 09:09 AM
Diesel Prices •
Tuesday, April 10, 2012
Container shipping lines in the Westbound Transpacific Stabilization Agreement are recommending a further round of incremental rate increases to dry and selected refrigerated commodities
While a Reuters report indicated that global third-party logistics (3PL) services provider BDP International was in talks to with private equity firms to make the company available to be sold, BDP stated that is not the case.
Posted on 04/10 at 01:37 PM
BDP International •
This comes on the heels of six consecutive months of improvements in small business optimism
Posted on 04/10 at 12:58 PM