Filed in Global Logistics
Thursday, March 17, 2011
Following last Friday’s earthquake and subsequent tsunami, nearly all Japanese automakers have idled production, owing to either physical damage or rolling blackouts.
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 24.3 percent in 2010 compared to 2009, increasing to $791 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics.
Wednesday, March 16, 2011
With the closing of three Japanese ports — Sendai, Hitachinaka and Kashima — some U.S. manufacturers and retailers may be opting for air cargo alternatives to meet shipping and sourcing deadlines.
Tuesday, March 15, 2011
In a letter to Department of Transportation Secretary Ray LaHood, DeFazio expressed his concern about the plan to allow Mexican trucking companies to operate long-haul trucking operations in the U.S.
Monday, March 14, 2011
Import shipment volume for February, measured in twenty-foot equivalent units (TEUs) decreased 9.94 percent from January and increased 9.03 percent over February 2010, reported Zepol Corporation, a trade intelligence company.
While most of the world’s focus was on Japan’s response to its earthquake and related crisis, trade experts were quietly working behind the scenes in Washington last week to establish a long-term strategy for rebuilding that country’s economy.
Logistics Management Group News Editor Jeff Berman had an opportunity to speak with Rubin McDougall, CFO of global 3PL CEVA, following the company’s strong fourth quarter and year-end earnings release.
Friday, March 11, 2011
While it was not unexpected, data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, indicated that the number of United States-bound waterborne shipments dropped 15 percent from January to February.
Monday, March 07, 2011
Now that the first half 2011 prediction has been raised, the report is calling for 7.5 million TEU during that period, which would be a 9 percent gain over 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.
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Friday, March 04, 2011
In a political battle that has seen more than its fair share of tension, the United States and Mexico have finally hammered out an agreement to resolve the issues surrounding the countries cross-border trucking program.