Tuesday, March 08, 2016
Whether it be overcapacity, slow levels of demand, or declining profits, it is clear that the container shipping sector has more than a few challenges to wend its way through. One way the sector may be able to efficiently right the ship, so to speak, is through industry consolidation, according to a report recently published by global business advisor firm AlixPartners.
Monday, March 07, 2016
The International Air Transport Association (IATA) released data for global air freight markets in January showing a rise in freight ton kilometers (FTK) of 2.7% compared to January 2015.
Non asset-based third-party logistics services provider Roadrunner Transportation Systems’ (RRTS) international freight forwarder and customs brokerage subsidiary Marisol International said last week it opened a new office in El Paso, Texas. Marisol said this new office will be operated as and function through a partnership with its corporate sibling Stagecoach Cartage and Distribution LLC, which is also owned by RRTS.
Posted on 03/07 at 01:54 PM
Fourth quarter 2014 brokered freight transportation shipments headed up while total revenue headed down, according to the “Fourth Quarter 2015 TIA 3PL Benchmarking Report,” which was released last week by the Transportation Intermediaries Association (TIA).
Posted on 03/07 at 11:47 AM
UPS said today that it has made additional expansions to its UPS Worldwide Express service, adding 23 additional countries and territories ,which it said will result in earlier guaranteed-delivery options for shippers that only previously had end-of-day guarantees.
Posted on 03/07 at 10:33 AM
Friday, March 04, 2016
The CMA CGM Group has announced that it will deploy starting end of May its flagship fleet of six 18,000 TEU vessels between Asia and the West coast of the U.S.
February carloads were down 10.1 percent, or 110,132 annually, to 979,042, and intermodal volume in February was 12.9 percent, or 119,778 units, annually at 1,049,126 containers and trailers.
Posted on 03/04 at 10:55 AM
The Airforwarders Association, representing 360 companies and more than 300,000 employees who move air cargo through the supply chain, today urges the U.S. Department of Transportation to assign routes to U.S. passenger air carriers that currently offer air cargo service.
Thursday, March 03, 2016
Consumers and businesses take it for granted that they can get almost anything, any time they want it. If you can deliver sooner, with fewer errors, and at a lower cost than your competitors, you have a critical advantage.
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.4 in February (a level of 50 or higher indicates growth), which was 0.1 percent off from January, with economic activity in the non-manufacturing sector growing for the 73rd consecutive month. The February PMI is 3.2 percent below the 12-month average of 56.6.