New Study Highlights Role of Third-Party Logistics Providers in Helping Shippers Adapt to Economic Challenges

The fourteenth Annual Third Party Logistics (3PL) Study examining the current global market for logistics outsourcing was recently released. The study surveyed shippers and logistics service providers in North America, Europe, Asia Pacific and Latin America. Key findings included: * The economic downturn has created significant challenges for both shippers and third-party logistics providers (3PLs) …

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ISM: Manufacturing finally growing

After 18 consecutive months of contracting, the manufacturing sector posted growth for the sector in August, according to the latest report from the Institute for Supply Management (ISM). Norbert Ore, chair of ISM’s Manufacturing Business Survey Committee, said his reaction was “relief” to see the PMI, ISM’s composite index which covers the overall health of …

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Transportation infrastructure: DOT’s LaHood calls for immediate 18-month highway reauthorization bill

With the Highway Trust Fund again facing the prospect of running out of money, Department of Transportation Secretary Ray LaHood called on Congress to propose an immediate 18-month highway reauthorization bill that would replenish the Highway Trust Fund (HTF). The HTF is the federal government’s primary source for financing highway, bridge, and transit projects, and …

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Trade via the US west coast showed few signs of recovering in April, according to the latest container statistics from leading gateway ports

Trade via the US west coast showed few signs of recovering in April, according to the latest container statistics from leading gateway ports. The Port of Los Angeles saw throughput drop over 12% in April year-on-year to 532,124teu, while the Port of Long Beach saw a 26.6% contraction to 408,705teu. Throughput at Long Beach in …

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