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Slight improvements in the freight forwarding market
16/May/2013 by Cathy Roberson.
As noted from first quarterly earnings reports, there was a slight improvement in the freight forwarding market. Overall, the airfreight market continues to plague freight forwarders as shifts to ocean freight services continue.... read more
NAFTA import trade by weight increased almost 4% in February
09/May/2013 by Cathy Roberson.
The value of goods imported by the US from its NAFTA partners, Canada and Mexico, declined almost 3.0% compared to the same period in 2012. However, there was more trade imported by weight moving across borders in February 2013 compared to February 2012.... read more
US manufacturing continues to slip
02/May/2013 by Cathy Roberson.
April manufacturing activity appears to be slowing up as the Institute of Supply Management reported a decline in US activity.... read more
Cemelog acquisition helps UPS expand its European life-science logistics network
29/Apr/2013 by Cathy Roberson.
Within a matter of two years, UPS
has acquired its second European healthcare logistics company. With both acquisitions, UPS has acquired additional dedicated healthcare warehousing space that now totals over 6m sq ft in Europe alone.... read more
Busy first quarter for UPS as it reports a respectable increase in revenue
26/Apr/2013 by Cathy Roberson.
There’s quite a bit of activity going on at UPS
. During the first quarter, the company dropped its bid for TNT Express
, bought out its Vietnamese joint venture to become the first global express company in Vietnam to be 100% wholly-owned and bought a European medical logistics company - Cemelog.... read more
Despite declines in coal and agriculture, US class I railroads report positive revenue growth
25/Apr/2013 by Cathy Roberson.
First quarter earnings for US Class I railroads ended on a positive note as CSX
, Kansas City Southern
, Norfolk Southern
and Union Pacific
all reported gains in revenue.... read more
FedEx Delivery Manager goes up against UPS’s My Choice for a bigger slice of B2C packages
25/Apr/2013 by Cathy Roberson.
As consumers’ options of how to purchase goods have expanded thanks to computers, mobile devices, brick and mortar locations and catalog services, delivery options have changed as well. This shift to multichannel retail sales has resulted in innovative solutions from two of the largest small parcel providers.... read more
e-commerce growth continues to take an increasing share of US total retail sales
18/Apr/2013 by Cathy Roberson.
US retail sales tumbled in March ending a disappointing first quarter for many retailers. According to the US Commerce department, March retail sales declined 0.4% from February, the biggest decline in nine months. However, it appears e-commerce sales continue to grow.... read more
PC shipments fall but Lenovo picks up market share
17/Apr/2013 by Cathy Roberson.
2013 first quarter personal computer (PC) shipments suffered the steepest decline yet as consumers chose smartphones and tablets over PCs. However, while consumers flock to other devices, the professional PC market, which accounts for half of overall PC shipments, continues to grow.... read more
Port of Hong Kong strike effects on US ports questionable
11/Apr/2013 by Cathy Roberson.
Better working conditions and a pay increase are behind a two-week strike at the port of Hong Kong
. However, it appears Li Ka-shing, who controls half of the capacity at Hong Kong and almost as much at neighboring Shenzhen/Yantian is not budging on concessions to port workers.... read more
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