The recent edition of the Global Port Tracker report surveying the six major container ports in North Europe forecasts January exports 11.5 percent better than January 2010 and imports 16 percent better than January 2010. The forecast also calls for an increase in the 1st quarter of 7.3 percent over 4th quarter 2010 and 14.1 percent over 1st quarter 2010.
A study by SJ Consulting Group shows that FedEx Freight and Con-way have gained market share in the LTL freight shipping market. YRC’s share of national LTL freight dropped to 9.6 percent in 2010, while FedEx Freight controls 16.1 percent and Con-way controls 11 percent.
According to ACT Research, net orders of commercial trailers rose over 25 percent between January and February. Net orders are also up over 87 percent when compared to 2010.
With new market intelligence on Japan being made available to shippers this week, many businesses and organizations must focus on risk management to ensure success. More information about the impact of the disaster to commercial activity in Japan can be found with a free search tool on the D&B website.
The Federal Maritime Commission will put the modification of the tariff-filing requirements for cargo consolidators into effect on April 18th allowing NVOs a quicker response time to fluctuating market conditions. Not all carriers are satisfied with the decision however.
TransCore’s DAT Network of load boards has reported an increase of 2 percent nationwide in truckload freight availability. Flatbed freight volume leads the charge with an increase of 3.2 percent.
– Ben Dundas, Web Analyst