Saturday, December 4, 2010

U. S. Green Building Council Certifies More Than 1 Billion SqFt

The U.S. Green Building Council (USGBC) announced the major milestone of certifying more than one billion square feet of commercial real estate through its LEED Green Building Rating System. It also reported that another six billion square feet of projects are registered and working toward LEED certification around the world. 

The LEED (Leadership in Energy and Environmental Design) program is considered one of the most comprehensive and widely accepted green building standards. 

"This traction demonstrates the transformation of the way we design, build and operate buildings," said Rick Fedrizzi, president and CEO of USGBC. "Not only does green building contribute to saving energy, water and money, it also creates green jobs that will grow and energize our economy." 

The LEED program was first introduced in 2000. Since then, more than 7,000 commercial projects have become certified and more than 36,000 have registered for LEED certification. By encouraging reduced consumption of energy and the use of more sustainable materials and construction practices, the LEED program engenders buildings that save money, reduce greenhouse gas emissions and contribute to healthier working and living environments. 

"The impact of these one billion square feet can be seen in communities around the world," said Peter Templeton, president of the Green Building Certification Institute (GBCI), the certifying body for LEED projects. "The use of LEED represents a growing global commitment to improving our built environment for future generations." 

In a recent report, McGraw-Hill Construction noted that the green building industry grew by 50% in the last two years, despite the withering economic impact of the recession that saw declines in many other industries. In a previous 2009 study, McGraw-Hill projected that the green building industry will contribute $554 billion to the U.S. gross domestic product and create or save 7.9 million American jobs between 2009 and 2013.

To help sustain momentum in the LEED building certification process, USGBC said it hopes to streamline and create more capacity by enabling LEED Online, the online tool projects use to submit documentation and certify LEED projects, to interact with third-party technology providers for the first time. 

"We recognized several years ago that we cannot focus only on the evolution of LEED and its continuous improvement. The technology used to administer the LEED certification process is also evolving to increase customers’ business agility through improved data, information and content integration," said Chris Smith, USGBC's COO. 

The new LEED Automation service is intended to enable LEED project teams to use third party applications to automate various LEED documentation processes, provide a unified view of their LEED projects, and standardize LEED content and distribute it consistently across multiple technology platforms by allowing technology companies to create multi-party interactions instead of point-to-point communications between various software applications and IT systems. 

Thursday, June 3, 2010

Trucking news: Cass Freight Index is up again in May

The volume of shipments moving are a true indicator of the direction of our economy.  Logistics Management reports that the "Cass Freight Index" is again showing gains.  Year over year freight expenditures increase is at 19.8% .


By Jeff Berman, Group News Editor

June 02, 2010

As the months go by in 2010, the Cass Information Systems Freight Index continues to show sustained growth.


The Index, which measures the number of shipments and expenditures that are processed through Cass’s account payable systems, indicated that May shipments at 1.014 was 2.3 percent better than April’s .991. And on a year-over-year basis, May shipments were up 9.7 percent compared to May 2009′s 0.913. Cass officials pointed out that this is also the first time shipments are above 1.0 since November of 2008.


May shipment expenditures at 1.784 are up 5.3 percent from April’s 1.689, and are up 19.8 percent year-over-year.


Various trucking industry executives and analysts view the Cass Freight Index as an accurate barometer of freight volumes and market conditions. Credit Suisse analyst Chris Ceraso has frequently stated in research notes that “in the past that the Cass Freight Index sometimes leads the ATA (American Trucking Associations) tonnage index when freight picks up.”


This follows last week’s monthly tonnage report from the American Trucking Associations, which indicated its advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index was up in April for the sixth time in seven months, rising 0.9 percent. This comes on the heels of a 0.4 percent March gain. April’s increase put the SA at 110.2 (2000=100), following a 109.2 March reading, which at that time was its highest reading since November 2008.


The ATA said the SA was up 9.4 percent year-over-year, marking the fifth straight year-over-year gain and its biggest since January 2005. The ATA added that for the first four months of 2010, SA tonnage was up 6 percent compared to the same timeframe a year ago. The ATA also reported that its not seasonally-adjusted index (NSA), which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, hit 111.3 in April, which was down 4.4 percent from March. On an annual basis, the NSA was up 1.7 percent.


“Truck tonnage volumes continue to improve at a solid, yet sustainable, rate,” said ATA Chief Economist Bob Costello in a statement.. “Tonnage is being boosted by robust manufacturing output and stronger retail sales. For most fleets, freight volumes feel better than reported tonnage because the supply situation, particularly in the truckload sector, is turning quickly.”


While consumer spending is inching up and manufacturing gains continue—as evidenced by the most recent Institute for Supply Management PMI index coming in at 59.7 percent, showing growth for the tenth straight month, and the Commerce Department’s recent report that new orders for manufactured durable goods in April were up 2.9 percent from March to $193.9 billion and were up 16.8 percent year-over-year, marking the fourth time in the last five months new orders were up.


Commerce also reported that durable goods shipments were up for the second straight month with a $2.7 billion—or 1.4 percent—gain to $196 billion, following a 2.1 percent March increase and were up 6.2 percent year-over-year.


Data from Commerce and the ISM portend a cautiously optimistic outlook for trucking volumes to a large degree. But Morgan Stanley analyst Bill Greene commented in a recent research report that while the pace of recovery has slowed, “incremental demand is still improving, but marginally slower than historic seasonality would suggest…and incremental supply is trending with normal seasonality.”

Thursday, February 25, 2010

Trucking news: ATA reports January tonnage is up 5.7 percent year-over-year

The trucking industry has long been the barometer for real econimic data. For one ton of cargo to move someone really placed an order and purchased sometinig. It usually takes 6 months of good tonnage reports to hear the economy is back on track. This report reflects positive year over year results.

Trucking news: ATA reports January tonnage is up 5.7 percent year-over-year: "ARLINGTON, Va.-At a time when freight volumes remain low, the American Tr..."

Monday, January 4, 2010

What Does 2010 Hold for Trucking? - Truckinginfo.com

What Does 2010 Hold for Trucking? - Truckinginfo.com

The trucking industry is one of the early indicators of where the economy is headed. As much as 6 months ahead of any upturn or downturn in our economy, trucking volumes are the best indicator of real direction. The interesting thing about this article is that it points out several key points in our recovery path.

1. Trucking executives are expecting freight volumes to increase in the next 7 to 12 months.

2. There has been an unprecendented loss of capacity in trucks, as many as 100,000 trucks are off the road, as transport companies have either closed or consolidated with surviving companies. This will have an impact on cost as demand increases for equipment.

3. The Federal Motor Carrier Safety Administration's revision of the "Hours of Service" rule will have an impact on capacity as well.

The good news is that indicators are expecting increases in goods being transported, the bad news is that it is likely to cost more.

Best Regards,
Royce