Supply chain

U.S. beef and pork exports are trending lower in volume but up in value from the record year in 2011, according to the U.S. Meat Export Federation.

Few voters heading to the polls today will make their decision based on freight transportation and trade policy issues, but that won’t stop the election results from affecting shippers and transport providers in the years to come.

The same-day delivery industry is growing faster, driven by next-day retail replenishment and e-commerce, an industry association survey claims.

Cryoport today appointed Jerrell Shelton as president and CEO, effective immediately.

Freight forwarding and supply chain management company Damco recently appointed Ivan Thuynsma as global head of mining and Leo Bischoff as global head of technology.

The Export-Import Bank of the United States is offering help to exporters in areas that have been declared federal disaster areas because of the impact of Hurricane Sandy.

Panalpina Group reported net profit of approximately US$4.4 million for the third quarter of 2012, compared with approximately US$33.7 million in the same quarter a year ago.

Transportation and warehousing employment increased 2.2 percent in October from a year ago, but was essentially flat from the previous month.

State-owned Container Corp. of India boosted second quarter net profit 32 percent from a year earlier to $44 million, driven by higher earnings from its core export-import intermodal operations, the company said in a statement.

Three key economic indicators suggest that Chinese manufacturing is recovering after being hit by months of decreased European and U.S. demand.

In an attempt to prevent freight rates from eroding during the slack season, shipping lines that carry U.S. imports from Asia plan to increase rates on dry goods on Dec. 1 and refrigerated containers in January.

Hurricane Sandy is pounding the East Coast with severe winds and record-breaking surges.

Shippers in Asia should expect delays for air and ocean shipments to the U.S. in the wake of super-storm Sandy, which devastated parts of eastern U.S., including New York and New Jersey on Monday.

Exports of blueberries from Chile is projected to rise to a record 84,900 tons this 2012-13 season, an increase of 21 percent from last year’s 70,800 tons.

Shippers will decide whether to shift their cargo routing from West Coast to East Coast ports when the Panama Canal expansion project is completed in 2015 based on the total delivered cost of the freight, transit time, intermodal options and ease of doing business with port authorities.

United Parcel Service recently opened three new facilities in Hangzhou and Shanghai, China, and Sydney, Australia, to expand its global health care distribution facility network in the Asia-Pacific region.

Echo Global Logistics reported income in the third quarter of $3.82 million, increasing 12.9 percent from last year’s $3.38 million during the same period.

Third-party logistics company OHL has sold the operating assets of freight brokerage division Turbo Logistics, Inc., to XPO Logistics, Inc.

The need for specialized home delivery services that can assemble and install everything from basketball hoops and backyard sheds to household appliances such as washers and dryers is driving the growth of small regional transportation service providers.

Officials from the Export-Import Bank of the United States and the Japan Bank for International Cooperation have signed a co-financing agreement to facilitate future export transactions...

U.S. steel imports in September were 2.44 million tons, a decline of 8.8 percent compared with 2.67 million tons in August...