News

Container Yard

Ports of Los Angeles and Long Beach work together to address congestion problems

“The Ports of Long Beach and Los Angeles continue to cope with Peak Season congestion, but operations are still sluggish. “While we were not blind-sided by the volumes coming in now, terminal operators may not have expected such a dramatic ebb and flow,” said POLA Director of Media Relations Phillip Sanfield in an interview.  It’s a difficult balancing act, with the rate of cargo discharge being the main problem.”

Read More


Freight Transportation Services Index August 2014

August TSI Reaches All Time High

“The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.6 percent in August from July, rising for the second consecutive month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The August 2014 index level (120.9) was 27.8 percent above the April 2009 low during the most recent recession. The level of freight shipments in August measured by the Freight TSI (120.9) reached its all-time high (Table 2A). BTS’ TSI records begin in 2000.”

Read More


Import Container Forecast 101014

Retail Imports Breaking New Record This Fall

“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 today by the National Retail Federation and Hackett Associates.”

“Increasing congestion at the nation’s ports as well as the ongoing West Coast labor negotiations are ongoing concerns and retailers are making one last push to make sure they’re stocked up for the holidays,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers are working hard to make sure customers can find what they’re looking for regardless of what happens at the ports.”

Read More


Cass Freight Index Report - September 2014

Cass Freight Index – September 2014

“The freight logistics sector was relatively flat in September, with a drop in North American shipment volume and a slight increase in total freight expenditures, or payments. Other freight indicators have shown that shipment weights have been rising steadily, so a decrease in the actual number of shipments does not necessarily indicate a drop in freight activity. In a typical summer trend, the economy as a whole cooled in August and September.”

Read More


Engineering Phase of Project

Record Intermodal Rail Volume In September

“The second, third and fourth weeks of September were the three highest intermodal rail volume weeks on record for U.S. railroads, the Association of American Railroads reported. In the second week of September, volume increased 5% to 279,052, in the third week it increased 6.4% to 279,777, and it climbed 2% last week to 275,071, according to figures from the rail trade group.”

Read More


Employment Situation Summary September 2014

U.S. Unemployment Falls To Lowest Level Since 2008

“Total nonfarm payroll employment increased by 248,000 in September, and the unemployment rate declined to 5.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, retail trade, and health care.”

Read More


ISM Data 100114

September 2014 Manufacturing ISM Report on Business

“The September PMI® registered 56.6 percent, a decrease of 2.4 percentage points from August’s reading of 59 percent, indicating continued expansion in manufacturing. The New Orders Index registered 60 percent, a decrease of 6.7 percentage points from the 66.7 percent reading in August, indicating growth in new orders for the 16th consecutive month. The Production Index registered 64.6 percent, 0.1 percentage point above the August reading of 64.5 percent.”

Read More


Blue Industry News Icon

September 2014 Logistics Link

Welcome to the September 2014 Logistics Link, the MIQ Logistics monthly newsletter

Read More


U.S. Economic Snapshot 093014

U.S. Economic Summary – September 2014

“The Conference Board Consumer Confidence Index®, which had increased in August, declined in September. The Index now stands at 86.0 (1985=100), down from 93.4 in August. The Present Situation Index decreased to 89.4 from 93.9, while the Expectations Index dropped to 83.7 from 93.1 in August.” – The Conference Board

Read More


Transpacific Eastbound Update 092614

October Transpacific Eastbound General Rate Increase (GRI) And Bunker Fuel Adjustments

The announced levels for the next Transpacific Eastbound General Rate Increase (GRI) and Bunker Fuel Adjustments from the carriers are listed below.

Read More