Container shortage looms over peak-season predictions A good peak season will lead to a shortage of containers, with the inventory of new boxes standing at less than two months of the required levels, Singamas chairman Teo Siong Seng said in Hong Kong. Teo told reporters at the Singamas interim results briefing that the new container […]
Read More →US subsidy investigation won’t hurt business, says Singamas head
on August 21, 2014in Uncategorized
US subsidy investigation won’t hurt business, says Singamas head Singamas chairman Teo Siong Seng does not believe the antidumping and countervailing duty investigation the company is facing in the U.S. will have a lasting effect on its business. Singamas and the world’s largest container maker, China International Marine Containers (CIMC), are facing an ongoing investigation […]
Read More →PwC reports jump in transportation, logistics M&A activity
on August 5, 2014in Uncategorized
PwC reports jump in transportation, logistics M&A activity Global merger and acquisition activity in the transportation and logistics industries picked up the pace in the second quarter, paving the way for a modest recovery for the rest of the year, according to a PwC U.S. report released today. There were 51 transportation and logistics deals […]
Read More →Target’s Gabrielson named VP of transportation at Lowe’s
on July 31, 2014in Uncategorized
Target’s Gabrielson named VP of transportation at Lowe’s Rick Gabrielson, senior manager for import transportation at Target Corp., has been named vice president of transportation at Lowe’s Cos. Lowe’s spokeswoman Chris Ahearn said Gabrielson will begin his job on Aug. 18. He replaces Steve Palmer, who is retiring after 12 years as vice president of […]
Read More →A Dark Outlook Gets Darker
on July 21, 2014in Uncategorized
A Dark Outlook Gets Darker I’ve been arguing since early this year that international transportation is headed for trouble because of a variety of transportation-specific problems exacerbated by an improving economy that’s driving faster volume growth and pushing capacity to the limit. With half the year over and the peak shipping season about to begin,… […]
Read More →Ryder Recognized as an Inbound Logistics Green Supply Chain Partner
on July 13, 2014in Uncategorized
Ryder Recognized as an Inbound Logistics Green Supply Chain Partner MIAMI, July 10, 2014 – Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, today announced that for the sixth consecutive year, it has been named an Inbound Logistics Green Supply Chain Partner. Inbound Logistics editors have selected 75 companies that demonstrate a […]
Read More →Putting a cap on capacity
on July 11, 2014in Uncategorized
Putting a cap on capacity Last winter’s harsh weather complicated transportation conditions nationwide, resulting in delays and shortages in everything from food to fuel. These supply chain disruptions were simply glimpses into what could become the new normal. There are structural changes in domestic shipping’s operating environment that likely will result in decreased capacity over… […]
Read More →North American freight volumes hit pre-recession high
on July 9, 2014in Uncategorized
North American freight volumes hit pre-recession high Cass Freight Index through June 2014 Full-size image Five straight months of growth have pushed North American freight shipments to a height not seen since the beginning of the recession, according to the Cass Freight Index. Cass reported its volume index rose yet again in June, coming in […]
Read More →FTZs grow increasingly popular in the US
on July 3, 2014in Uncategorized
FTZs grow increasingly popular in the US Foreign trade zones in the U.S. are enjoying a boom, partly because shippers are increasingly using the zones for exports, and even for distribution of retail products without any domestic components. While manufacturing firms, especially automakers, have been the main users of FTZs, retailers are using the tool […]
Read More →Supply chain inefficiencies frustrate US commodity exporters
on June 27, 2014in Uncategorized
Supply chain inefficiencies frustrate US commodity exporters U.S. commodity exporters are enjoying another year of especially low freight rates, but these benefits are often negated by carriers’ sloppy processing of documentation, longer transit times and inland transportation costs from the nation’s interior. As a result, the world’s most efficient farmers, ranchers and chemical producers face […]
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