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Latest Briefings

Freight forwarding index holds just above 50 despite second consecutive decline

The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index, which combines the current situation with future expectations, was down 0.8 points from April to 50.7 in May and was 1.3 points lower compared with the same month in 2012.
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Slight improvements in the freight forwarding market

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...
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NAFTA import trade by weight increased almost 4% in February

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...
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Latest News

USPS loses $1.9bn during second quarter

The US Postal Service (USPS) ended the second quarter of its 2013 fiscal year with a net loss of $1.9bn. Read more

Cargo moving across Port of Virginia grew 5.7% in April

Cargo volumes at the Port of Virginia continued to climb as the number of TEUs handled in April grew 5.7% when compared with the same month last year. Read more

Port Logistics Group expands California Retail Distribution Campus

Port Logistics Group announced it has added more than 1.1m sq ft of warehouse space to its City of Industry, California Retail Distribution Campus with the opening of two new facilities. Read more

FedEx Trade Networks breaks ground at Riverview Solar Technology Park

FedEx Trade Networks has officially broken ground at its future residence, the Riverview Solar Technology Park in Tonawanda, New York. Read more

Kiel James Patrick selects Quiet Logistics for multi-channel order fulfillment

Quiet Logistics announced that it will provide multi-channel fulfillment services for Kiel James Patrick, a handmade nautical themed accessories brand. Read more

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