Filed in Global Logistics
Saturday, October 01, 2011
Many believe that high or rapidly rising oil prices cause recessions; but in turn, during a recession, industrial production and demand for transportation decline. Consequently, the price for oil and fuel falls, and as it declines, the economy is stimulated.
Friday, September 23, 2011
While the global economy remains firmly entrenched in a holding pattern, data from Panjiva showed a seasonal increase in the number of United States-bound waterborne shipments for the fourth time on the last five months.
Thursday, September 22, 2011
Concern that the United States will fail to maintain an adequate supply of the minerals needed to manufacture our most advanced products is gaining traction in Washington
Wednesday, September 21, 2011
Investment analysts greeted the news when UPS announced objectives for growing its revenue and profit over the next 3-to-5 years
Third party logistics transportation services provider Exel, a wholly-owned entity Deutsche Post DHL, recently announced it plans to begin construction on a 250,000 square-foot distribution facility in Laredo, Texas.
Tuesday, September 20, 2011
Import cargo volumes at major United States-based container ports are slowly beginning to see annual monthly gains as retailers prepare for the holiday shopping season, according to the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
The International Air Transport Association announced an upgrading of its industry profit expectations
Friday, September 16, 2011
This announcement came 25 years to the day when UPS began operations out of this airport. Company officials said the roughly $200 million expansion, which is expected to be completed by the end of 2013, will be comprised of equipping the existing facility with additional state-of-the-art technology and an extension to the existing building, with the building processing larger freight shipments.
Wednesday, September 14, 2011
CEVA Logistics recently announced it is ramping up its less-than-container-load (LCL) service offerings, with the addition of a new service from Hamburg to New York.
Posted on 09/14 at 09:19 AM
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Tuesday, September 13, 2011
Opening these new offices is part of an ongoing trend for the company in terms of expanding its global reach.