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By LM Staff · December 21, 2016
Seasonally-adjusted (SA) for-hire truck tonnage in November at 142.4 (2000=100) was up 8.2 percent compared to October, following a 0.3 percent October dip from September.
By Jeff Berman · December 20, 2016
Reverse logistics processes will be looked to more than ever for retail shippers, with industrial real estate firm CBRE calculating that the total value of returned goods purchased online during the 2016 holiday season will be between $14 billion to almost $29 billion (out of total holiday e-commerce sales of $95 billion). That was a key takeaway from the firm’s recently report, entitled: “Holiday Stress: E-commerce and the Rapidly Rising Rate of Return.”
By Jeff Berman · December 19, 2016
While shipments were down, the report noted that it does not create a major cause for concern, with some degree of normal seasonality at work, coupled with Donald Broughton, the report’s author and transportation analyst at Avondale Partners, noting that on an industry and anecdotal basis market sentiment indicates there are daily reports of stronger shipment volume in almost all modes of freight transportation.
By Jeff Berman · December 16, 2016
A Business Insider report said Amazon is at work on an app expected to be released in the summer of 2017, which was billed in the report as “Uber for trucking, that matches truck drivers with shippers looking to move freight, while also removing “the need for a third-party broker, which typically charges a commission of about 15% for doing the middleman work.”
By Jeff Berman · December 16, 2016
For October, the most recent month for which data is available, the ICI headed up to 5.26 from 4.95 in September. FTR said this increase points to what it called continued moderately favorable conditions affecting the intermodal segment, adding that while the pace of intermodal growth is down annually, signs of mild improvement are intact.
By Jeff Berman · December 16, 2016
By Jeff Berman · December 15, 2016
11月总POLA volume at 877,564 TEU (Twenty-Foot Equivalent Units) posted a new all-time monthly record for the port, topping October’s 814,574 TEU, with November up 23.6 percent on an annual basis. POLB November volumes fell 13.8 percent annually to 534,308 TEU, with port officials citing shifting alliance routes and the Hanjin bankruptcy still impacting volumes.
By Jeff Berman · December 15, 2016
While many stories focused on the holiday season with a logistics slant tend to focus on things like delivery methods and the e-commerce supply chain, a recent collaboration between third-party logistics and freight transportation services provider XPO logistics and arts and crafts retail chain Michaels Stores has a bit of a different approach.
By Patrick Burnson · December 15, 2016
With THE Alliance Agreement finally approved by U.S. Federal Maritime Commission, FMC Commissioner William P. Doyle explains why he voted to take no further action and allow THE Alliance Agreement to take effect on December 19th.
By Jeff Berman · December 14, 2016
杰夫·伯曼·2016年12月13日
A report in the Wall Street Journal suggests that the uptick in e-commerce may be taking its toll to a degree, with the companies “straining to keep up with holiday shipping volumes that have blown past expectations, delaying the delivery of some of the millions of online orders shoppers have placed since Thanksgiving.”
By LM Staff · December 12, 2016
While the trucking sector appears to be regaining its footing to an extent, the most recent edition of the Trucking Conditions Index (TCI) from freight transportation consultancy FTR shows that it is happening at a somewhat lower rate in advance of a potential expected capacity reduction next year.
By Jeff Berman · December 9, 2016
November volume was estimated at 1.53 million TEU for a 3.6 percent annual increase, with December pegged at 1.48 million TEU for a 3.2 percent increase. And for all of 2016, the report is calling for volume to be up 1.6 percent annually at 18.6 million TEU compared to 2015’s 18.2 million TEU, which was up 5.4 percent over 2014. The first half of 2016 saw a 1.6 percent annual increase at 9 million TEU. The 1.6 percent estimate is lower than last month’s 2.2 percent prediction.
By Jeff Berman · December 9, 2016
For the month of November, the AAR reported that U.S. carloads were up 0.4 percent, or 5,406 carloads, at 1,319,008 for its first monthly annual increase in 22 months, going back to January 2015. This is a longer stretch of declines than a 19-month run of downward volumes that occurred during the Great Recession, the AAR said, adding that one factor behind the November increase was easier annual comparisons, coupled with how carloads did not see as much of an October to November decline as usual this year.
By John Schulz · December 7, 2016
American Trucking Associations President and CEO Chris Spear praised the inclusion of a permanent hours-of-service restart fix in Congress’ bipartisan Continuing Resolution (CR) regarding budget funding in a House Appropriations Committee action to keep the federal government funded through April 17, 2017.