WASHINGTON—Global growth is set to slow this year to its weakest rate since the financial crisis, the International Monetary Fund said Thursday, as China and other emerging markets decelerate and advanced economies still struggle to shrug off the legacies of the crisis. (This article requires a subscription with The Wall Street Journal. To access, please […]
Archive for the ‘RETAIL’ Category
Coalition for Transportation Productivity Asks Congress to Take Closer Look at Truck Size & Weight
This week, The Coalition for Transportation Productivity (CTP) a concern made up of roughly 200 United States-based manufacturers, shippers, carriers, and industry associations called on Congress to take a close look at data recently issued by the Department of Transportation (DOT) in its “Comprehensive Truck Size and Weight Limits Study, ” and focus on reforming […]
Port Tracker report presents positive perspective for expected volume gains in coming months
Spurred on by expected volume gains due to what is expected to be a hectic back-to-school season, United States-based retail container ports are expected to see decent volume gains in the coming months
DSME Workers Strike Over Unpaid Wages
A number of unionized workers at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) organized industrial action on Tuesday and Wednesday after the company missed a previously agreed deadline to pay KRW 20 billion (USD 17.7 million) of delayed wages, according to local media.
26th Annual State of Logistics Report: Freight moves the economy
In the best year for the freight transportation industry since the Great Recession, logistics managers chalk up efficiencies that drive further U.S. economic growth. However, capacity issues persist, causing shippers to worry about rate hikes as carriers continue to be meticulous in their partnerships.
Maersk Line Orders USD 1.1 Billion Worth of Boxships at HHI
Maersk Line, the world’s largest container shipping company, has signed a USD 1.1 billion contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of nine container ships with a capacity of 14,000 TEU (twenty-foot equivalent) each
Road work in Kentucky, Arkansas to slow traffic
Officials in Kentucky and Arkansas have warned truckers about two repair jobs that will impact the efficient movement of traffic.
US Shippers face higher rates from truck, warehouse capacity tightening
Don’t have time to rehash last year and want to know what’s in store for the next 18 months? You’ve got freight to move, so here are the takeaways from the annual State of Logistics report released on Tuesday by the Council of Supply Chain Management Professionals and JOC.com reporting. (This article requires registration at […]
33-foot trailer amendment narrowly passes Senate Appropriations Committee
WASHINGTON — The Senate Appropriations Committee Thursday narrowly passed an amendment to the Senate version of the FY2016 Departments of Transportation and Housing and Urban Development appropriations bill that would allow twin 33-foot trailers on U.S. highways. The entire bill was approved and Senate to the full Senate.
State of Logistics: Truck Drivers Sorely Wanted
The numbers are in, and 2014 was the “best year for the supply chain industry since the Great Recession.” Over the course of the year, the transportation sector grew by 3.6%.