Friday, August 26, 2011
Carload volume—at 300,521—was up 1.1 percent annually, and it was ahead of the week ending August 13, which hit 292,266 and the week ending August 6 at 287,329.
Wednesday, August 24, 2011
The proposed changes would provide greater flexibility to railroads and the FRA in assessing the need for PTC without adversely affecting the safety of America’s rail lines.
Tuesday, August 23, 2011
Since the Massachusetts Port Authority first announced a new weekly cargo service connecting Boston with Halifax, Nova Scotia last June, shippers have been keen on learning more about the “New England-Halifax Shuttle.”
Truck tonnage in July was down following growth in June, according to the American Trucking Associations
This follows declines of 6.2 cents, 4 cents and 1.2 cents from the previous three weeks. Prior to the last four weeks of downward prices, diesel saw a cumulative 9.9 cent gain over a three week period.
Damco’s recent announcement that it would expand its services may have surprised some industry insiders, but not Brandon Fried, Executive Director of The Airforwarders Association
Monday, August 22, 2011
Damco joins several other leading freight forwarders in positive numbers this year
In early 2009, the United States Postal Service (USPS) stated its intent in a filing with the Postal Regulatory Commission (PRC) to launch a market test to provide service akin to a less-than-truckload (LTL) network. But in a filing submitted to the PRC on August 19, the USPS said it intends to shutter this initiative—it entitled “Collaborative Logistics”—on September 19.
Amid the swell of turbulence the economy is riding on, due to an incredibly shaky and unpredictable economic recovery, the downgrading of the United States credit rating and subsequent giant swings in the stock market, it is fair to say shippers are concerned about the possibility of a double-dip recession rearing its ugly head.