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Transportation & Distribution: Page 429

GENCO Rebrands Company Name Following Merger With ATC

GENCO ATC, the product of a merger in 2010 between GENCO and ATC Technology Corp., is being rebranded under the GENCO name alone.

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U.S. Oil Production Highest in 10 Years

U.S. oil production has exceeded 7 million barrels a day for the first time since March 1993 as improved drilling techniques boosted exploration across the country and reinforced a shift toward energy independence.

U.S. Imports in 2012 Increase 1.2 Percent Over 2011

U.S. vessel imports rose a slight 1.2 percent in 2012 over the year before. This was a total of over 17.6 million TEUs imported, or roughly 200,000 more containers than in 2011. Slow and steady growth seems to be the consistent pattern for the year as import volume still has not returned to 2007 or 2008 levels. Zepol has seen a large spike from 2009 to 2010 and then a plateau-like trend for the past three years, although 2012 was an especially unique year for U.S. imports.

Logistics Port

Carriers 'Failing' to Match Capacity with Weakened Cargo Flows

Despite attempts by carriers to pull capacity from east-west trade routes, significantly weaker cargo volumes have limited the success of their attempts to lift freight rates for any sustainable periods, according to Drewry Maritime Research's latest Container Forecaster report.

Container Ship Capacity Around the World Is Up 6 Percent

The world container ship capacity reached 16.335 million 20-foot-equivalent units on Jan. 1, 2013, an increase of 6 percent from a year ago, according to industry analyst Alphaliner.

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Retailers, Others Urge Sides to Avoid Port Strike on East, Gulf Coasts

A diverse coalition of more than 120 local, state and national stakeholders, ranging from farmers and manufacturers to retailers and wholesalers sent a letter to the International Longshoremen's Association (ILA) and United States Maritime Alliance Ltd. (USMX) urging both sides to remain at the negotiating table until they "reach a new long-term contract."

Trucking Conditions Index Continues to Rise Into Strong Positive Territory

FTR's Trucking Conditions Index for November as reported in the January 2013 Trucking Update rose almost two full points to a reading of 9.7. The gain was expected by FTR as conditions impacting trucking will continue to improve in anticipation of a tightened market in 2013.

FPS Network Member Sinergy Cargo Opens Terminal in Genoa, Italy

Sinergy Cargo, the Italian member of the FPS network of independent freight forwarders and consolidators, has opened a multimodal container, bulk cargo handling and storage center near the Port of Genoa.

Aldata Develops App to Manage Fulfillment for Online Grocery Orders

Aldata has made available G.O.L.D. Drive, a new tool which supports order fulfillment for shoppers ordering groceries online and collecting them directly from drive-through depots without entering a store.

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Ordoro, Bigcommerce Partner to Offer Drop-Shipping to eTailers

Ordoro has teamed up with Bigcommerce to provide online retailers with the ability to drop-ship orders to customers. Ordoro is an electronic-commerce application which helps merchants to streamline their back-office operations.

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Syspro Offers Enhanced ERP Applications for Mid-Sized Companies

Syspro, a developer of enterprise resource planning (ERP) software, is readying Syspro 7 for general market release in 2013. The tool is currently available in community preview mode to Syspro resellers and partners.

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Cost of Ground Transportation Edges Upward in Canada

Results published by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian shippers increased by 0.45 percent in October when compared with September results.

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