Building America's Future called for dramatically ramping up long-term investment in the nation's infrastructure after the American Society of Civil Engineers (ASCE) released its 2013 Infrastructure Report Card, which graded America's infrastructure a D+ overall.
All eyes are watching the deteriorating political situation in Egypt. The recent civil riots in Port Said were, arguably, too close for comfort for those dependent on the Suez Canal. Although the arterial trade route is unlikely to close, the possibility cannot be ignored.
Almost half those attending IATA's World Cargo Symposium in Doha had been in the airfreight industry for more than 20 years, prompting lengthy debate about where the next generation of employees is going to come from.
To cope with the larger vessels that will transit through the Panama Canal when its expansion is complete in 2015, Central American countries must dramatically improve their intermodal road and port network infrastructure, the quality of their trucking services and strengthen their institutional coordination, two studies issued today by the Inter-American Development Bank show.
Analyst Insight: There has been an explosive and exciting level of growth and innovation in the development of new automation solutions for distribution operations, particularly in the areas of full-case and less-than-case automation. It is inevitable that companies in North America and other developing nations will increasingly adopt these solutions as labor markets contract due to the aging population in the decades ahead. - Marc Wulfraat, president, MWPVL International Inc.
U.S. vessel imports are down 5 percent from January but up 15 percent from February of 2012, even with one less day this year. The total twenty-foot-container (TEU) count was over 1.4 million and total shipments were over 720,000. February imports have not reached this level for four years, which is a similar stat to what we saw in January. It appears that import levels are indeed reverting back to the numbers seen before the recession.
The Stifel Logistics Confidence Index increased for the fifth consecutive month in March, according to the latest survey undertaken by Transport Intelligence. The index for the current and expected situation combined was up 0.4 points to 52.5 in March compared with 52.1 in February.
Supply chain and logistics service provider ModusLink Global Solutions plans to move its operations in The Netherlands from Apeldoorn to a new location in Venray.