It’s the season for general rate increases in the LTL industry—those annual hikes for non-contract shipments that hardly any shipper in the nation pays.
Diesel prices dropped for the fourth straight week, with the average price per gallon falling $0.8 to $3.841 per gallon. This represents the lowest average price per gallon since the week of July 30, which was $3.796.
The results of the AgTC's 2013 Ocean Carrier Performance Survey were announced late last week at the 25th Annual Meeting of the Agriculture Transportation Coalition in San Francisco, with APL winning top ranking
Total volume—at 636,851 TEU (Twenty-foot Equivalent Units) was down 12.9 percent annually. Imports for the month—at 326,114 TEU—decreased 12 percent, and exports—at 154,004 TEU—were down 16.3 percent. Empty containers—at 155,832 TEU—were down 11.2 percent.
Express delivery and logistics services provider DHL recently announced it has officially inaugurated its expanded $105 million Americas hub at the Cincinnati/Northern Kentucky (CVG) Airport.