Archive for the ‘CONSUMER GOODS’ Category

German rail freight network hobbled after drivers strike

London – The German rail freight network is struggling to return to normal as train drivers return to work after a near one week strike that severely disrupted industrial supply chain in Europe’s largest economy.  (This article requires registration at the Journal of Commerce.  To access, please click on the above link.)

Brazilian port concession program moves forward

After more than 18 months of delays, the much heralded first phase of Brazil’s more that Reais 10 billion ($3.36 billion) port concession program received the go-ahead to proceed from the Tribunal de Contas da Uniao. (This article requires registration at the Journal of Commerce.  To access, please click on the above link.)

U.S. Trade Gap Widens on Surging Imports

WASHINGTON—A stronger dollar and an influx of pent-up imports into West Coast ports are pointing the U.S. economy toward its third quarterly contraction in its six-year-long expansion, reflecting choppy conditions that appear set to restrain growth throughout the year. (This article required a subscription with The Wall Street Journal.  To access, please click on the […]

LA, Long Beach drayage truckers face ‘new normal’ in wait times

When harbor drayage companies ask terminal operators in Los Angeles-Long beach these days why the average truck visit still takes 100 minutes, the truckers get an answer they really don’t like. (This article requires registration at the Journal of Commerce.  To access, please click on the above link.)

Fed Stays Vague on Rate-Hike Timing, but Sees Slower Growth as Blip

WASHINGTON—Federal Reserve officials attributed the economy’s sharp first-quarter slowdown to transitory factors, in effect signaling an increase in short-term interest rates remains on the table for the months ahead although the timing has become more uncertain. (This article required a subscription with The Wall Street Journal.  To access, please click on the above link.)

U.S. Economic Growth Nearly Stalls Out

WASHINGTON—The U.S. economy slowed to a crawl at the start of the year as businesses slashed investment, exports tumbled and consumers showed signs of caution, marking a return to the uneven growth that has been a hallmark of the nearly six-year economic expansion. (This article requires a subscription with The Wall Street Journal.  To access, […]

Online Retailers Expect to Increase Revenue by 17 Percent in 2015

Retailers anticipate accelerated growth for 2015, according to research released from eBay Enterprise, an eBay Inc. company. The 2015 Retail Growth Outlook, a U.S. survey of more than 1,000 e-commerce and marketing professionals from retailers with revenues of $3 million to $250 million, examined projected revenue forecasts and critical decisions retailers will make this year to achieve anticipated growth. […]

Truckers Strike Against Four Southern California Fleets

Several hundred truck drivers at the ports of Los Angeles and Long Beach began a strike against four fleets, including two controlled by XPO Logistics, but there were no reports of interrupted cargo flow on the docks at the nation’s two largest ports.