Freight volumes in the Asia-Pacific region fell 4.4 percent, year-over-year, in August, a drop in line with the 4.1-percent, year-over-year, decrease in cargo capacity the area recorded last month. Such losses aren't exclusive to August, however; last month marked the sixth consecutive month of cargo declines in the Asia-Pacific, according to Association of Asia Pacific Airlines statistics.
Pricing continues to be the most interesting and watched of the used truck market metrics. In August, pricing was up for all three time period comparisons - month over month, year over year, and year to date/year to date. Volumes also increased month over month, but remained well below pace for other time period comparisons.
Accellos, a vendor of supply-chain execution software, has released a carrier qualification and monitoring module for its Prophesy Dispatch transportation-management system (TMS).
Just before its break, the U.S. Senate quickly and quietly passed the "European Union Emissions Trading Scheme Prohibition Act of 2011," the latest attempt to exempt American airlines from paying fees imposed by the European Union to cover the greenhouse gases their planes emit while flying to and from European airports.