Despite solid performances from its Ground and Freight units, fiscal third quarter earnings for transportation and parcel bellwether FedEx were down overall on an annual basis, with quarterly net income—at $361 million—down 31 percent.
Following declines of 4.2 cents and 2.9 cents, respectively, over the last two weeks, the EIA reported that diesel prices this week dipped 4.1 cents to $4.047 per gallon. Over the last three weeks, priced have dropped a cumulative 11.2 cents.
Data recently released by Zepol, a trade intelligence firm, indicated the United States-bound containerized vessel imports were mixed for the month of February, with imports down sequentially and up annually.
Speaking specifically to IANA’s reported container growth in the fourth quarter, an intermodal expert explained that while a headline in regards to a record number of domestic containers—as a data point—is true, there are also other things to keep in mind.
Given its location in the heart of the Caribbean Basin, it is small wonder that the Port of Miami should be looking forward to the Panama Canal expansion in 2014.
February retail sales exceeded expectations, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF).
Given all the mysterious and metrical nuances of ocean cargo shipping, supply chain managers are increasingly challenged on how to monitor and measure this essential mode of global transport.
Two internationally ranked global universities in the United States, Europe, and Asia have partnered with the University of Tennessee to offer a unique Global Supply Chain Executive MBA.
In its preliminary fourth quarter “Report on Productivity and Labor Costs,” IHS Global Insight U.S. economists suggest that both hiring and productivity will move upward…but at a snail’s pace.
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