U.S. carload and intermodal volumes are up in February, reports AAR
March 6, 2017
Carloads were up 6.7 percent, or 65,141, to 1,044,040, and intermodal containers and trailers in February at 1,068,439, rose 1.8 percent, or 19,350 units, compared to February 2016.
Genpro acquires Cargo Chief’s logistics and transportation services division
March 2, 2017
The companies said that under the terms of the agreement Genpro has acquired Cargo Chief’s logistics and transportation services division, including its Chicago-based sales team, with Cargo Chief expanding its technology and operational capabilities––like its “ability to match the right shipping capacity with the right shipping load”–– to the entire Genpro network.
UPS to build new Salt Lake City-based regional operations hub
March 2, 2017
UPS recently announced it will build a Salt Lake City, Utah-based regional operations hub that will be among the largest processing facilities in its global package network.
5 Supply Chain Trends Happening Now
March 2, 2017
The world of supply chain management is exciting, challenging and rapidly changing. According to supply chain managers and executive leaders at a Fortune 50 company, these five trends are affecting the design and management of supply chains.
2017 Parcel Express Roundtable: Paying for peak performance
March 1, 2017
Our panel provides an update on all the market shifts in store for parcel shippers—especially when it comes to pricing, service and managing an e-commerce-centric supply chain.
ISM reports a record-setting month for manufacturing in February
March 1, 2017
The February PMI, the index used by the ISM to measure growth, came in a 57.7 (a reading of 50 or higher indicates growth), which was 1.7 percent ahead of January, marking the highest monthly PMI reading going back to August 2014’s 57.9.
Reverse Logistics Gets Less Reactive
March 1, 2017
There’s a dawning awareness of the importance of a reverse logistics strategy—especially in light of the critical role it now plays in e-commerce. Our experts say that level of thinking will not only help improve customer service, but will contribute significantly to an organization’s bottom line.
Less-Than-Truckload: “Upbeat” outlook for 2017
February 28, 2017
虽然LTL高管们看好新高级stration’s “America First” emphasis, shippers should expect rate increases in the 3% range amid a “rational” pricing landscape.
FedEx and UPS pricing models no longer match up like the old days
February 28, 2017
For the first time in a long time the parcel duopoly of FedEx and UPS are both operating under very distinct pricing models that no longer match, including accessorial charges like fuel surcharges and list rates, which now makes it much more difficult for shippers to compare prices between the two
Increasing complexity in parcel
February 28, 2017
It’s time to understand your parcel characteristics as well as how the carriers will view your business. If you can position yourself—and partners—to be a shipper that parcel carriers can serve profitably, you will be rewarded with better discounts and have stronger negotiating leverage.
FTR Shippers Conditions Index notes rate and supply trouble may be coming in 2017
February 27, 2017
FTR said that it is likely that the current market environment for shippers will lead to what it said would be rate and supply trouble this year, due to a steady increase in capacity utilization, which it expects to occur through 2017 and come to a head in early 2018.
Transforming Supply Chains into True Global Trade Networks
February 24, 2017
传统的供应链模式没有the flexibility to adapt when constrained capacity, fluctuating demand, and political trade uncertainties affect the market. In this webcast we’ll explore a more modern approach to supply chain that moves away from a traditional logistics model and embraces a global trade network (GTN) model.
FedEx, USPS extend air transport contract to 2024
February 24, 2017
Earlier this week, FedEx and the United States Postal Service (USPS) said they have entered into an agreement to extend their air transportation contract, which was originally executed on April 23, 2013, through September 29, 2024.
U.S.-NAFTA freight rises for third time in five months in December, reports BTS
February 24, 2017
United States trade with its North American Free Trade Agreement (NAFTA) partners Canada and Mexico rose 0.4 percent annually to $87.1 billion, according to data issued by the Department of Transportation’s Bureau of Transportation Statistics (BTS), which was released this week.
Truck tonnage is mixed in January, reports ATA
February 23, 2017
Seasonally-adjusted (SA) for-hire truck tonnage in January at 138.8 (2000=100) was up 2.9 percent compared to December and up 2.6 percent annually. The annual gain was ahead of a 0.2 percent annual December decline, and the January SA was down 8.9 percent compared to February 2016’s all-time high of 142.7.
XPO Logistics posts strong Q4 and full-year 2016 earnings results
February 23, 2017
Fourth quarter revenue headed up ten percent annually to $3.68 billion. And net income came in at $27.3 million, or $0.22 per share, which was well ahead of a net loss of $62.8 million, or a loss of $0.58 per share, for the same period a year ago.
Evan Armstrong shares views on 3PL’s expanding role in returns
February 22, 2017
There are scores of third-party logistics providers out there to help shippers more efficiently manage returns, with many more looking to enter the marketplace.
CBRE report highlights ongoing strong conditions for industrial real estate market
February 21, 2017
Data recently released by CBRE in the February edition of its “Americas Industrial & Logistics Trends Report” points to ongoing industrial real estate expansion throughout most parts of the Americas.
Cass Freight Index Report indicates the freight recession appears to be over
February 20, 2017
For January, the most recent month for which data is available, shipments were up 3.2 percent annually at 1.005 and down 6.4 percent compared to December. This follows a 3.5 percent annual gain in December, a 0.3 November decline, and a 2.7 percent gain in October, which marked the first time it headed up in the previous 20 months.
New legislation calls for key changes to be made to NAFTA
February 17, 2017
A House effort introduced this week looks to revamp key principles of NAFTA in the form of introduced legislation entitled a “Blueprint for America’s New Trade Policy.”