Filed in Global Logistics
Friday, July 01, 2011
OPEC failed to revise production quotas, and upon learning of this decision, traders quickly bid the price back up
Wednesday, June 29, 2011
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 12.1 percent in April 2011 compared to April 2010, coming in at $73.8 billion.
Tuesday, June 28, 2011
Taking steps to further leverage a relationship that has been intact since 2003, UPS and global pharmaceutical giant Merck said today they are expanding their distribution and logistics agreement on more of a global supply chain basis.
Monday, June 27, 2011
The report stated that Deutsche Bahn management is considering restructuring Schenker’s U.S. business but added a withdrawal is more possible. And it added that Schenker management was due to deliver a business update by mid July and Deutsche Bahn executives plan to take a decision on the future of its U.S. business by the end of the year, possibly as early as August.
Tuesday, June 21, 2011
and Supply Chain Management Review
are joining forces on this virtual conference designed to help companies succeed in the global marketplace. We have put together a great series of educational sessions and top-notch speakers to address critical topics like how to work more effectively with your global 3PL providers and how to accurately track shipments through the supply chain pipeline.
The cornerstone of America’s tech industry is forecasting increased global sales, and touting pro-business policies for lasting economic recovery
Thursday, June 16, 2011
Port Tracker is calling for first half 2011 volumes to be up 7.2 percent, just ahead of last month’s 7.1 percent projection. This would be 5 percent better than the first half of 2010. In 2010, the report said there was a total of 14.7 million TEU moved—a 16 percent gain over 2009, which was largely achieved due to 2009’s 12.7 million TEU serving as the lowest annual tally since 2003.
Following a 7 percent gain in shipments from March to April, April to May showed an 8 percent increase at 1,037,365, said Panjiva. The number of global manufacturers shipping to the U.S.—at 147,876 was up 6 percent, matching a 6 percent increase from March to April. Both shipments and manufacturers were down 1 percent, respectively, year-over-year.
Despite the increasingly negative economic headwinds of late, May volumes at the Ports of Los Angeles and Long Beach mostly showed some decent signs of growth.
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Wednesday, June 15, 2011
A Bloomberg report released earlier this week stated that Mexican Economy Minister Bruno Ferrari said his country will sign a formal agreement to end a cross-border trucking dispute with the U.S. as early as this month, setting the stage for the Latin American country to remove punitive tariffs.