Topic: Global Trade

Earnings per share for the fiscal fourth quarter at $4.25 on an adjusted basis were well ahead of Wall Street estimates of $3.88 and up 22.4% annually. Revenue was up 17.2% at $15.7 billion, and operating income at $1.76 billion was up 14.3%. For Fiscal Year 2017, revenue at $60.3 billion was up 16.5%, and operating income was up 8.6% at $5.48 billion.

May shipments at 987,650 were up 3.3% annually, which was down from April’s 9.7% annual spread, which was the fastest rate of growth going back to February 2016.

Some trade analysts say there may not be enough qualified IT professionals here to maintain manufacturing momentum.

Senior Marine Risk Consultant at AGCS says "a perfect storm" of increasing regulation and narrowing margins is looming

Hearing pleas from the business lobby, as well as individual transportation companies such as UPS and FedEx, the Trump administration has backed off threats to unilaterally sever NAFTA.

Even with a somewhat reduced growth forecast, the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates stated that United States-bound retail container volumes call for an all-time volume high by the end of this summer.

We take a deep dive into the 23-year-old NAFTA agreement, look at the impact it has made on logistics operations in the United States, Mexico and Canada, and then hear what the experts suggest Washington should—and should not—do.

Three Japan-based container shipping carriers, Kawasaki Kisen Kaisha, Ltd. (K-Line), Mitsui O.S.K. Lines, Ltd. (MOL), and Nippon Yusen Kabushiki Kaisha (NYK) said this week they have rolled out a new joint venture, entitled Ocean Network Express.

Global third-party logistics providers (3PLs) are not a dime a dozen; in fact, there are only a few truly global supply chain managers—and they are a part of large, diverse global transportation networks.

While a bevy of high-tech outfits have threatened to disrupt the current freight forwarding marketplace with its their digitized offerings, older established players are hardly standing still as far as innovation is concerned.

According to “Global Logistics 2017,” a recent report released by the London think-tank Transport Intelligence (Ti), the overall contract logistics market is estimated to have grown by 3.9% in real terms in 2016.

A new report from supply chain consultancy Armstrong & Associates stated that 90% of Domestic Fortune 500 companies rely on third-party logistics (3PL) providers for outsourced logistics and supply chain services.

The NRF reported that April retail sales, excluding automobiles, gas stations, and restaurants, saw a 0.3 percent seasonally-adjusted increase over March, and were up 3 percent on an unadjusted annual basis, and the Department of Commerce reported a 0.4 percent increase from March to April at $474.9 million and a 4.5 percent gain over April 2016.

Keeping in line with last month, the May edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates is calling for steady gains for United States-bound retail container traffic in the coming months.

Revenue for the quarter, at $3.54 billion, was down 0.3 percent annually, although it was up $122.6 million when excluding the first quarter 2016 revenue from its former North American truckload unit

Nightline develops and deploys innovative consumer focused services for its customers in Ireland, Northern Ireland, and Great Britain, as well as its business-to-business services, and has been in business for 25 years.

Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management market, and in marked contrast to 2016, paints a rosier outlook for career placement and advancement.

How does your earning power match up with your logistics and supply chain peers? Find out by downloading the full 2017 Salary Survey from Logistics Management

March volumes at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) both turned in very strong performances, according to data issued by the ports this week.