Filed in Supply Chain Management
Friday, April 01, 2011
In its March Manufacturing Report on Business, the ISM reported that the index it uses to measure the manufacturing sector—known as the PMI—was 61.2 percent, a 0.2 percent decline from February’s 61.4. February matched the highest PMI level since May 2004.
NYK Logistics (Americas) Inc. (NLA) and Yusen Air & Sea Service (U.S.A.) Inc. (YAS) merged today, thereby creating a new major force in the global marketplace
Carload volume at 299,903 was up 1.9 percent annually and surpassed the week ending March 19 which hit 293,772. Intermodal volumes were up 5.7 percent at 223,034 trailers and containers,
Thursday, March 31, 2011
TransCore reported that linehaul rates for vans on the spot market were up 38 percent in the 64 national lanes it tracks. But it also pointed out that rate declines in the remaining lanes left the national average up 0.8 percent.
In a speech at Georgetown University yesterday, President Barack Obama outlined his plan to reduce the oil imported into the United States by one-third in the next decade.
Various transportation interests met on Capitol Hill this week for a two-day hearing hosted by the House Transportation and Infrastructure Committee’s Subcommittee on Highways and Transit, which focused on pending surface transportation reauthorization.
Wednesday, March 30, 2011
It is unfortunate indeed, that a populist movement seems necessary now to advance a trade agenda that should be led by the Obama Administration.
Tuesday, March 29, 2011
After a 0.1 cent decline last week, diesel prices went up 2.5 cents to $3.932 per gallon, with prices up 99.3 cents on an annual basis.
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 19.5 percent in January 2011 compared to January 2010 increasing to $67.7 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics.
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Monday, March 28, 2011
Spurred by customer demands, FedEx subsidiary FedEx Express announced it has opened up a new China-based station in Suzhou in the Jiangsu Province, which is the company’s third station in Suzhou.