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Think Tank
Transportation Management: Page 163
Association's Standards Designed to Deal with Transportation Cargo That Continues to Grow More Sophisticated
The Transported Asset Protection Association (TAPA) launched what it calls the most comprehensive supply chain security standards in TAPA's 17-year history to combat increasingly sophisticated thefts.
Freight Forwarders Continue to Experience Uncertainty in Their Market
A lack of certainty appears to be the case within the freight forwarding market as momentum fails to take hold. In the latest findings, the Stifel Logistics Confidence Index slipped 2.7 points to 55.2. While still above the important 50-level, too many questions remain unanswered – will a strike be averted at the U.S. West Coast ports, what will happen within the sea freight market now that P3 alliance has collapsed? Is economic growth really slowing?
UPS to Implement Dimensional Weight Pricing for Ground Packages
UPS will follow the lead of its rival FedEx in adopting dimensional weight pricing for all of its ground services, as well as UPS Standard services to Canada, beginning Dec. 29, 2014.
Logistics Industry Isn't Keeping Up with Growth of U.S. Economy, Report Says
Total U.S. business logistics costs in 2013 rose to $1.39tr, a 2.3 percent increase from the previous year, according to the 25th Annual "State of Logistics Report" released by the Council of Supply Chain Management Professionals and presented by Penske Logistics, at a press conference at the National Press Club in Washington, D.C. Logistics as a percent of U.S. gross domestic product declined for the second year in a row, indicating that the logistics sector is not keeping pace with the growth in the overall economy.
By Mid-June, U.S. Van Rate Nears Record High
Capacity pressure eased during the week ending June 14 as spot truckload freight availability dipped 0.7 percent and the number of available trucks increased 12 percent, according to DAT Solutions, which operates the DAT network of load boards.
Traditional 40-Foot Ocean Shipping Containers Give Way to High Cubes
High cube 40-foot containers are stealing a march on traditional 40-foot equipment and by the end of 2013 represented just short of 50 percent of the maritime container fleet, according to Drewry's recently published Container Census report.
Reverse Logistics: T-Mobile's 'Secret Weapon' for Generating Revenue
It's been called everything from a nuisance to a necessary evil. But reverse logistics can be much more than that.
Small, Medium-sized Air Forwarders Want Some Say in U.S. Cargo Screening Initiative
A broad group of associations representing airfreight forwarding companies is calling on the U.S. federal government to solicit input from small and medium-sized forwarders before expanding the Air Cargo Advanced Screening (ACAS) programme.
China Dashes Lines' Hopes for P3 Vessel Sharing Agreement in East-West Trades
The Chinese Ministry of Commerce announced that they have not approved the P3 Network, a long-term operational vessel sharing agreement proposed by MSC, CMA CGM and Maersk Line. The MOFCOM's decision follows a review under China's merger control rules.
LLamasoft Updates Transportation Network-Design Application
LLamasoft Inc., a vendor of supply-chain design software, has developed a new release of Transportation Guru, its application for transportation network design.
Spot Market Freight Volume Remains High in May
Spot market freight availability as measured by the DAT North American Freight Index has run high since July 2013 due to factors including extraordinary weather events, regulatory changes and driver shortages. May 2014 extends the trend, becoming the eleventh consecutive month to post a year-over-year record high, a 40 percent increase over last May. Month over month, however, May freight volumes declined 2.1 percent compared to April.
FPS Group Launches Temperature-Controlled LCL Service to Dubai, Japan
The Rotterdam, Netherlands and Prague, Czech Republic-based members of the Famous Pacific Shipping Group network of independent freight forwarders and consolidators have launched a trade-only, temperature-controlled ocean less-than-containerload service for perishable commodities.
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