Tuesday, November 18, 2014
Following a one-week respite in which the average price per gallon of diesel gasoline saw a weekly gain for the first time in 19 weeks, diesel prices resumed their downward slide this week, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 11/18 at 10:37 AM
Diesel Prices •
Monday, November 17, 2014
Supply chain and logistics software and technology provider JDA Software Group Inc. and technology bellwether IBM announced last week they are collaborating to provide shippers with an integrated omni-channel supply chain that will enable shippers to make smart real time sourcing decisions and provide customers with the best buying experience possible.
Posted on 11/17 at 04:02 PM
JDA Software •
FedEx Freight and Con-way Freight, two of the largest non-union LTL carriers in the nation, are battling organizing efforts by the Teamsters union in a closely watched unionization effort.
Posted on 11/17 at 08:32 AM
FedEx Freight •
Friday, November 14, 2014
A number of container lines operating between the U.S. and Asia say they intend to implement congestion charges of up to $1,000 per 40-foot container (FEU) for cargo moving via U.S. West Coast ports, effective November 17, 2014, in response to labor-related terminal delays.
The United States Postal Service (USPS) today announced that fiscal year 2014 operating revenue increased by $569 million, which was driven by its January 2014 rate increase and an ongoing strong performance in its Shipping and Package group. Conversely, though, the USPS said it is still faced with regulatory burdens and constraints as it incurred a FY 2014 net loss of $5.5 billion, marking the eighth straight annual net loss. USPS officials said this most recent annual loss highlights the need for legislation to repair its “broken business model.”
Posted on 11/14 at 02:29 PM
On the heels of a sluggish September and with the holiday shopping season officially having commenced, the retail sector received a bit of good news today, with both the National Retail Federation (NRF) and the United States Department of Commerce issuing positive retail sales data for the month of October.
The Atlanta-based company’s management team made presentations based on theme of “Networked for Growth,” which was comprised of various plans geared towards future revenue and profitability.
Posted on 11/14 at 11:11 AM
Carloads were up 0.2 percent at 297,694, and intermodal units, at 271,113 containers and trailers were up 2.2 percent annually.
Posted on 11/14 at 02:41 AM
Strong market trends continue to favor the trucking sector, which is a theme that has been intact for several months, according to the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR.
Posted on 11/14 at 02:05 AM
Thursday, November 13, 2014
The Department of Transportation’s Bureau of Transportation Statistics (BTS) recently reported that its Freight Transportation Services Index (TSI) saw a 0.3 percent increase from August to September, the most recent month for which data is available.
Posted on 11/13 at 01:49 PM
Freight TSI •