Logistics Management Magazine Archives

December 2015 Logistics Management

Manufacturing dip, anemic Q3 GDP has truckers concerned about outlook

Potential overcapacity issues and lagging demand are now top of mind for carriers.

FedEx Ground CEO Maier

E-commerce biggest driver in supply chain and transportation management evolution

Q3 intermodal

volumes see steady gains, says IANA

Transportation and logistics

M&A in good shape through first three quarters of 2015, says PwC

2016 Buyers Guide

Air Services

Motor Carrier

Intermodal Services

Maritime Services

North American Ports

Third-party Logistics Services

Warehouse/DC
Logistics Technology 56 Industry Organizations 58 Finance

 

Latest in Logistics Management

GXO’s acquisition of Wincanton is a done deal
The acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics, has gone from pending to completed, GXO announced today.

Q1 sees a solid finish with strong U.S.-bound import growth, reports S&P Global Market Intelligence
March imports, at 2.489 million TEU (Twenty-Foot Equivalent Units), posted a 16% annual gain, and first quarter imports, at 7.537 million TEU, rose 15% annually, amid various supply chain disruptions.

Understanding the FTC’s ban on noncompetes
Crowell & Moring law partner Stefan Meisner discussed the recent decision by the Federal Trade Commission to ban noncompete agreements.

UPS rolls out fuel surcharge increases
Earlier this week, Atlanta-based global freight transportation and logistics services provider UPS announced it is increasing fuel surcharges for various service offerings, including UPS Ground Domestic, UPS SurePost, and UPS Domestic Air

U.S. rail carload and intermodal volumes, for week of April 20, are mixed, reports AAR
Rail carloads, at 216,945, fell 6.7% annually, and intermodal containers and trailers, at 257,599 units, rose 8.2% annually.

Baltimore suing ship that crashed into bridge, closing port, costing jobs
The city of Baltimore is suing the owners of the cargo ship that crashed into the Francis Scott Key Bridge, causing it to collapse and closing the Port of Baltimore for months.

Intermodal growth volume remains intact in March, reports IANA
Total March volume, at 1,464,782 units, increased 6.7% annually, below February’s 14.6% annual increase, while topping November, December, and January, which saw gains of 3.8%, 6.4%, and 5.5%, respectively.   

Descartes announces acquisition of Dublin, Ireland-based Aerospace Software Developments
Earlier this week, Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, continued to flex its M&A muscle, acquiring Dublin, Ireland-based Aerospace Software Developments, a provider of customs and regulatory compliance service.

Amid ongoing unexpected events, supply chains continue to readjust and adapt
Expecting the unexpected going back to the onset of the pandemic in March 2020 has really been a part of supply chain and logistics lexicon. As we know, there were many logistics and supply chain “lessons learned” coming out of the pandemic, which clearly still remain intact today, especially including the need for supply chain resiliency and preparedness, as well as flexible and nimble deployment of labor, assets, and technology, among others.

Shipment and expenditure decreases trend down, notes Cass Freight Index
March’s shipment reading, at 1.113, fell 3.6% annually, down from February’s 4.5% decrease and January’s 7.6% decline.

March trucking tonnage trends down, reports ATA
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index fell 2%, to 113.4 (2015=100), following a 4% February gain, to 115.7, and a 3.2% January decline.

FTR Shippers Conditions Index enters negative territory
For February, the most recent month for which data is available, the SCI reading came in at -1.4, below January’s 3.4, which was 3% below December’s 6.4 reading and also below November’s 6.3.

DAT March Truckload Volume Index sees modest March gains
From February to March, the the van TVI, at 260, was up 4%, with the refrigerated TVI, at 200, up 2.6%, and the flatbed TVI, at 242, up 4.4%.

National diesel average, for week of April 22, is down for the second straight week
For the week of April 22, the national average fell 2.3 cents, to $3.922. This followed a 2.3-cent decrease, to $4.015 per gallon, for the week of April 15, which was preceded by a 6.5-cent increase, to $4.004, for the week of April 8.

UPS reports first quarter earnings decline
Quarterly consolidated revenue, at $21.7 billion, fell 5.3% annually, and adjusted earnings per share, at $1.43, saw a 35.0% annual decline. Consolidated quarterly operating profit came in at $1.6 billion, which was off 36.5% annually.


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