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Transportation Management: Page 113

Ocean Cargo Rates to Continue to Drop, Industry Losses to Mount in 2016, Report Says
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and industry-wide losses in 2016, according to the latest Container Forecaster report published by global shipping consultancy Drewry.
Truck Sales See Robust Growth in December
For the month of December 2015, 49,700 Classes 5-8 vehicle orders were booked, up 40 percent month over month.
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Rates for Ocean Cargo Continued to Sink in Last Quarter 2015
Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw another reduction in the last quarter of 2015, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.
Cargomatic Launches Service in S.F. Bay Area
Cargomatic has launched service in the San Francisco Bay Area, including San Francisco, Oakland, San Jose and beyond.
Serving Crowded Urban Centers Means Re-Creating Distribution Models
The Coca-Cola Co. bottler in Rio de Janeiro used to deliver crates of drinks in the city’s Copacabana area by truck until a parking ban forced the company to rethink its distribution strategy. The big cargo vehicles now arrive early in the morning, park at designated sites and transfer the goods to motorcycles that make the final delivery to customers.
PLS Logistics Expands With Office in San Antonio
PLS Logistics Services has opened a new branch office in San Antonio, Tex.
Sight Slippage in On-Time Performance Recorded Overall in November by Container Shipping Lines
Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
Canadian Load Volumes Decline for the Second Consecutive Month
The TransCore Link Logistics Canadian Freight Index fell behind in November, following its traditional drop this time of year, with volumes declining eight percent compared to October. While year-over-year volumes also dropped 28 percent, this is compared to historic highs set throughout 2014.
Industrial Real Estate Market on Fire as Companies Require More, Bigger DC, Fulfillment Centers
When the Panama Canal expansion finally debuts in Spring of 2016, it will open to a thriving market that remains hungry for new and efficient distribution center space in nearly every major U.S. market. Retailers and e-commerce companies are already investing in new and larger distribution and fulfillment centers as the U.S. supply chain evolves to meet changing consumer demand and service requirements; especially near key ports, transshipment points and large population centers.
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Railroads Might Carry Good Investment Opportunities
As an asset class, railways have a worrying history. Railway mania in Britain in the 1840s left plenty of unwary investors nursing hefty losses; that episode sits in most lists of history's biggest speculative bubbles. But the prices of shares and bonds are dauntingly high, which has stoked interest in all manner of outlandish "alternative" assets in recent years. That, along with legal changes making it easier to repossess collateral that goes clickety-clack, may soon have investors funnelling cash into locomotives, carriages and goods wagons again.
Chinese Yards Help Iran Build Its Merchant Marine Fleet
Iran's Islamic Republic of Iran Shipping Lines (IRISL) has announced plans to order new 18,000 TEU (Triple-E type) container vessels from Chinese yards, according to Iran's Press TV.
In 2016, U.S. Seaports May See Modest Growth in Container Imports
Container volume at U.S. ports is expected to grow next year, but at a slower rate of three to four percent, down from five percent in 2015, says ratings company Moody's.
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