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Think Tank
Transportation Management: Page 151
Champ Cargosystems Forms Forwarding Subsidiary
Champ Cargosystems has formed a new subsidiary, Champ Forwarding Systems DA.
Kool Pak LLC Offers Expanded Services in Northern California
Kook Pak LLC is expanding its chilled and frozen storage services on the U.S. West Coast, through an agreement with Sierra Pacific in Patterson, Calif.
Retail Imports Predicted to Set Record in Final Surge Before Holidays
Import cargo volume at the nation's major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Rates May Be Tumbling, But Ocean Carriers Are Still in the Black, Report Says
Carriers can still make money despite falling freight rates, according to Drewry's latest Container Annual Review & Forecast 2014/15. Surprisingly, some medium-sized lines retain unit cost advantages.
Snapshot of U.S. Trucking: More Vehicles, Fewer Loads, Steady Rates
Van, refrigerated, and flatbed capacity on DAT load boards expanded 3.6 percent while available freight slipped 5.0 percent during the week ending Oct. 11, according to DAT Solutions, which operates the DAT network of load boards.
SmartDrive Debuts Video Program for Trucking Safety
SmartDrive Systems, a provider of tools for improving driving performance, reducing accidents and saving fuel, has released the SmartDrive Assurance product line.
CargoSmart Debuts Three Shipment-Planning Services
CargoSmart Limited, a vendor of software for global shipment management, is offering three new services to improve shipment planning.
Growing U.S. Population Demands Better Transportation, Delivery Infrastructure
For all of our activities, the average American requires the movement of 57 tons of cargo per year.
Mega Alliances, Declining Unit Costs Will Spark Recovery in Ocean Container Business in 2016-2017, Report Says
The recovery of the ocean container industry – possibly by late 2016 or 2017 – is to be based around the formation of the new mega alliances and the continued reduction of unit costs, rather than the matching of supply and demand at the individual trade route level, according to Drewry's Container Annual Review & Forecast 2014/15. A different recovery is taking shape, which is unlikely to be built on any improvement in freight rates.
August's Figures Show Airfreight Volumes Maintain Steady Growth Course
Global airfreight volumes continued with robust growth in August, according to the International Air Transport Association. Measured by freight tonne kilometers (FTKs), volumes rose 5.1 percent compared to August 2013. Capacity grew at a slower pace of 3.4 percent from the previous year. This is the second strong month for cargo volumes in a row, following the 6.1 percent year-on-year rise recorded in July.
Air Cargo Predicted to Grow 4.7 Percent Annually Over Next 20 Years
After two years of either flat or slightly negative traffic growth, demand for air cargo transport began to grow slowly and steadily during the second quarter of 2013. The uptick in traffic continued into the second half of 2013 to end the year 0.9 percent above the 2012 traffic total. Growth has continued to gather strength in 2014, nearly recovering the long-term trend rate. World air cargo traffic is forecast to grow an average 4.7 percent per year over the next 20 years to reach a total of more than twice the number of revenue tonne-kilometers (RTK) logged in 2013. The number of airplanes in the freighter fleet will increase by more than half by the end of the forecast period.
Kewill Acquires IBM Sterling TMS
Kewill, a vendor of supply-chain execution software, has acquired the IBM Sterling Transportation Management System.
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