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Tuesday, August 28, 2012

The Department of Energy’s Energy Information Administration (EIA) reported this week that prices increased for the eighth straight week, rising 6.3 cents to $4.089. This is the highest price per gallon for diesel since hitting $4.127 the week of April 16.
Posted on 08/28 at 07:03 AM
NewsEIADiesel PricesDieselPermalink


Monday, August 27, 2012

In a letter to ILA President Harold Daggett and USMX Chairman and CEO James Capo, NRF President and CEO Matthew Shay said that the NRF is urging both parties to immediately resume contract negotiations, with the September 30 deadline creeping up.
Posted on 08/27 at 02:20 PM
NewsNRFILAUSMXPermalink


UPS said late last week it has reached an agreement with the New England Teamsters and Trucking Industry Pension Fund (NETTI) to restructure pension liabilities for more than 10,000 UPS employees.
Posted on 08/27 at 11:43 AM
NewsUPSTeamstersPermalink


The economic environment in Europe faces the same mounting challenges as it has in recent months, with no clear remedy in sight. That was a major theme of the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Posted on 08/27 at 08:44 AM
NewsOcean FreightOceanGlobal Port TrackerPermalink


Remaining members comprise Hapag Lloyd, COSCO, K Line, Evergreen, Hanjin, Yangming HMM, OOCL and NYK.
Posted on 08/27 at 08:23 AM
NewsOcean FreightOcean CargoTradePermalink


Friday, August 24, 2012

According to MCAA executive director, Robert L. DeCaprio, there’s been considerable speculation on the vulnerability of transport giants FedEx and UPS in the “same day” niche.
Posted on 08/24 at 12:40 PM
NewsUPSFedExParcelPermalink


An effort focused on national domestic freight initiatives was introduced this week by United States Department of Transportation (DOT) Secretary Ray LaHood.
Posted on 08/24 at 11:13 AM
NewsFreightDOTMAP-21Permalink


Carload volume—at 293,916—was down 2.1 percent annually, and intermodal volumes—at 247,224 trailers and containers—were up 3.6 percent.
Posted on 08/24 at 09:41 AM
NewsIntermodalRail FreightAARRailroad ShippingcarloadPermalink


Thursday, August 23, 2012

Where there once appeared to be hope regarding avoiding a labor strike at East and Gulf cost ports, there are now, again, apprehensions over a potentially damaging labor-related squabble that could have a significant impact in shippers’ Peak Season operations planning.
Posted on 08/23 at 09:56 AM
NewsILAUSMXPermalink


Transportation and logistics merger & acquisition deal activity in the second quarter continued the solid momentum seen in the first quarter and also was in line with deal making activity from the same quarter last year, according to PricewaterhouseCoopers (PwC) quarterly report, entitled “Intersections: Second Quarter 2012 global transportation and logistics industry mergers and acquisitions analysis.”
Posted on 08/23 at 08:55 AM
NewsPwCLogisticsMerger and AcquisitionPermalink



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