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STATISTICS * USA - DOT Freight Transportation Services Index, flat from May to June
Washington,DC,USA -Logistics Management -12 Aug 2009: -- The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (Freight TSI) did not change in June from May and stayed at its lowest level in 12 years... At 94.0, the June Freight TSI matched May’s output and has declined every month but two in the last 11 months, a timeframe which has seen the Freight TSI drop 14.8 percent. The BTS added that the Freight TSI is at its lowest level since June 1997, when it hit 92.4, and it is down 16.7 from its historic peak of 112.9 in May 2006... The Freight TSI measures the month-to-month changes in the output of services provided by the for-hire transportation industries, and it includes data from for-hire trucking, rail, inland waterways, pipelines, and air freight...* USA - PwC report indicates continued decline in Q2 transportation and logistics M&A activity. 2009 M&A activity on pace to be 67 percent down from 2008
New York,NY,USA -Logistics Management, by Jeff Berman -14 Aug 2009: -- As was the case in the first quarter, transportation and logistics merger & acquisition (M&A) activity was down significantly in the second quarter, according to data from Pricewaterhouse-Coopers (PwC)... In its quarterly report, “Intersections: Second-quarter 2009 global transportation and logistics industry mergers and acquisition analysis,” PwC said there were 11 announced (M&A) deals in the transportation and logistics sectors worth $50 million or more. This is down from 18 deals in the first quarter and off significantly from the fourth and third quarters of 2008, which hit 43 and 46 deals, respectively. It is important to note that deals cited by PwC in the report represent all announced deals for the second quarter—as opposed to completed deals only—and does not parse out deals that were withdrawn, intended, or pending...Labels: transport statistics
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