Transportation: Page 479

Spot Load Volume Drops 11%, Prices Fall

DAT Freight & Analytics

Available capacity increased 3.7 percent compared to the previous week, which helped push spot truckload rates down across all three equipment types.

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Truck Driver Shortage Worsens

American Trucking Associations (ATA)

The report, ATA’s fourth major analysis since 2005, shows that by the end of 2015, the driver shortage will reach nearly 48,000. If current trends hold, the shortage may balloon to almost 175,000 by 2024.

According to a new analysis by the American Trucking Associations, the shortage of truck drivers has grown to nearly 48,000 and could expand further due to industry growth and a retiring workforce.

China’s Economic Woes Weaken U.S. Exports

September was the eighth straight month in which empty containers leaving the Port of Long Beach outnumbered those loaded with exports.

Last month, Long Beach and the Port of Oakland both reported double-digit gains in exports of empty containers. So far this year, empties at the two ports are up more than 20 percent from a year earlier.

Anheuser-Busch InBev And SABMiller Agree To Merge, Marking Record Takeover

Anheuser-Busch InBev

The agreement, which is tentative, caps weeks of back-and-forth over price, with SABMiller saying three previous overtures undervalued its business.

A successful takeover would give AB InBev beer brands such as Peroni and Grolsch and control of about half of the industry’s profit.

Haggen Stores Struggles With Acquisition After FTC Okays Abertsons/Safeway Merger

Albertsons Companies

Instead of becoming a regional powerhouse, Haggen is struggling to stay afloat after filing for bankruptcy-court protection last month and announcing the closing of 26 of its recently purchased stores.

The FTC allowed the small Pacific Northwest supermarket operator Haggen Holdings LLC to buy most of the stores following the Albertsons-Safeway merger, and Haggen quickly ballooned to 164 locations throughout the West from 18 in Washington and Oregon.

DHL: Asian and Indian Food Retailers Largely Unaware of Logistics Costs

Nearly 40 percent of Asian food retailers are unaware of logistics costs while six in 10 Indian food retailers are struggling to maintain adequate stocks, according to the "Hungry for Growth" report commissioned by DHL.

DHL and Compass Group U.K. & Ireland will partner on providing catering services to customers in the public sector, airline, rail and facilities management industries.

Thermo King Acquires German-based Transport Refrigeration Maker Frigoblock

Thermo King Corporation

FRIGOBLOCK manufactures and designs transport refrigeration units for trucks and trailers in Europe, primarily sold in Northern Europe.

Executives from Ingersoll-Rand plc, which owns Thermo King,and FRIGOBLOCK pose for the announcement that Ingersoll-Rand has acquired FRIGOBLOCK, a manufacturer and designer of transport refrigeration units.

Electrification

Singapore Post Started Testing Drone Deliveries

The country's national postal service has started tesing drones for delivery

Iran To Modernize Fleet To Re-Enter Western Markets

The Islamic Republic of Iran Shipping Lines (IRISL) hopes to become one of the world's top ten shipping lines after recently announcing plans to modernize its fleet and ally with international shipping majors to tap western markets.

Dr. Mohammad Saeidi, was recently named managing director of IRISL.

Spot Load Availability Rises 5.7% For Week As Shippers Move Inventory

DAT Freight & Analytics

Demand for trucks rose as shippers rushed to move inventory before the end of the quarter. A 1-cent decline in the average fuel surcharge helped keep spot rates in check.

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Keeping Costs Down with Strategic Transportation Management Systems (TMS) – Survey Results

Continuous scrutiny of supply chain operations has become the norm as companies look for ways to drive down costs through business process improvements. But in doing so, one area overrun with inefficiency and often overlooked: transportation management.

How do you manage your freight payment and reconciliation components?

Logistics Companies Expect Big Payoff From Pacific Trade Deal

The deal requires congressional approval, and faces a big hurdle in Washington as the 2016 elections draw closer, wrapping lawmakers in high-key electoral politics.

From small freight brokers like Portland, Ore.-based Geo. S. Bush & Co. Inc. to global logistics giants like United Parcel Service Inc., supply chain providers are gearing up for a surge in business they believe the historic agreement will bring to Pacific trade.

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