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Monday, July 09, 2012

An ongoing trend of the economy flattening out was apparent in the most recent edition of the Cass Freight Index Report from Cass Information Systems.
Posted on 07/09 at 11:04 AM
NewsCass Information SystemsCass Freight IndexPermalink


This signing comes after a 30-month stretch in which funding for the nation’s transportation projects was kept intact by a series of 9 consecutive extensions, following the September 2009 expiration of the previous bill, SAFETEA-LU.
Posted on 07/09 at 09:52 AM
NewsTransportationTransportation InfrastructureSAFETEA-LUMAP-21Permalink


A Bloomberg report states that the four U.S.-based Class I railroads have asked the U.S. Court of Appeals to reverse the ruling, explaining that it could lead to a cumulative $10 billion or more in potential damages.
Posted on 07/09 at 09:13 AM
NewsRailroadRail FreightSTBPermalink


The survey which examines the state of the industry, and how manufacturers are adapting and improving their supply chains, also explores and how technology plays a role in enabling manufacturers to be more successful.
Posted on 07/09 at 07:52 AM
NewsSupply ChainSupply Chain ManagementManufacturingIDCPermalink


Thursday, July 05, 2012

Non-manufacturing activity in June was down slightly from May but still at a healthy level overall, according to the June edition of the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business.

FedEx said its FedEx Express subsidiary has completed the acquisition of Rapidão Cometa Logistica e Transportes S.A., a Brazil-based transportation and logistics services provider. The acquisition was initially announced in late May.
Posted on 07/05 at 10:19 AM
NewsGlobal LogisticsFedExPermalink


Tuesday, July 03, 2012

Multiregional less-than-truckload (LTL) carrier Saia said this week it has acquired truckload and brokerage services provider Robart Transportation Inc. and its subsidiary The RL Services Group LLC.
Posted on 07/03 at 09:45 AM
NewsTruckloadLogisticsLTLSaiabrokeragesPermalink


The price per gallon this week dropped 3 cents to $3.648, following declines of 5.1 cents and 5.2 cents, respectively, over the last two weeks.
Posted on 07/03 at 08:17 AM
NewsEIADiesel PricesDieselPermalink


FedEx Express, a subsidiary of FedEx, said it has agreed to purchase 19 B767-300 aircraft from the Boeing Company. Company officials said Boeing has agreed to convert four Boeing 777s –two in fiscal 2016 and two in fiscal 2017—to 767 equivalent purchase value.
Posted on 07/03 at 07:29 AM
NewsPermalink


Monday, July 02, 2012

While manufacturing has been a constant source of strong economic growth in an economy replete with warning signs, the Institute of Supply Management’s June Manufacturing report on Business released today showed that manufacturing activity for the month was not as strong as it has been over the course of the last three years.
Posted on 07/02 at 01:26 PM
NewsInstitute for Supply ManagementManufacturingPermalink



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