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Tuesday, January 31, 2012

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 12.7 percent on November 2011 compared to November 2010 at $76.7 billion.

Following a 0.6 cent gain last week, diesel prices are up 0.2 cents this week at $3.85, according to the Department of Energy’s Energy Information Administration (EIA). Prior to prices seeing gains throughout most of the last four weeks, diesel prices were down six straight weeks for a cumulative 22.7 cent decline.
Posted on 01/31 at 12:13 PM
NewsEIADiesel PricesDieselPermalink


Earlier today, transportation and parcel bellwether UPS reported that fourth quarter revenue jumped 6 percent annually to $14.2 billion, and adjusted operating profit was up 17.3 percent at $2.024 billion. Earnings per share at $1.28 saw a 21 percent improvement, topping Wall Street estimates of $1.26 per share.
Posted on 01/31 at 11:55 AM
NewsUPSTransportationParcelPermalink


Logistics managers with time-critical cargo on their hands may opt for charter option
Posted on 01/31 at 09:17 AM
NewsAir FreightAir CargoGlobal TradePermalink


Monday, January 30, 2012

Spurred in large part by a 40 percent gain in shipments from Asia in 2011, less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) said it has expanded its Pacific Promise less-than-container load (LCL) service to ten ports in eight Asian countries.
Posted on 01/30 at 01:08 PM
NewsGlobal LogisticsODFLLCLPermalink


This offering will enable shippers to ship a box—weighing up to 70 pounds—anywhere in the U.S. for one price, $39.95.
Posted on 01/30 at 11:48 AM
NewsUSPSParcelExpressParcel ShippingPermalink


The Association of American Railroads (AAR) said today that the seven North America-based Class I freight railroads are on track to invest a record $13 billion in capital expenditures for 2012, with the capital going towards expanding, upgrading, and enhancing the U.S. freight rail network.
Posted on 01/30 at 10:09 AM
NewsRailRail FreightAARPermalink


Friday, January 27, 2012

The President laid out his plan to develop every available source of American energy, which includes the safe and responsible production of the nation’s oil and natural gas resources.
Posted on 01/27 at 12:56 PM
NewsSustainabilityGreenTransportationPermalink


Carload volume—at 287,734—was up 1.6 percent compared to last year but behind the week ending January 14 at 298,560.
Posted on 01/27 at 11:15 AM
NewsRail FreightIntermodalAARCarloadPermalink


Data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles, released this week found that net orders for commercial trailers were up nearly 40 percent in 2011 compared to 2010, while used truck volumes in December were up compared to November but down annually.
Posted on 01/27 at 10:21 AM
NewsTruckingACT ResearchTrailersPermalink



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