Tuesday, January 24, 2012
While the economic recovery remains far from complete, truck tonnage could be serving as a positive barometer of things to come, based on the American Trucking Associations’ (ATA) December and 2011 year-end truck tonnage data, which was released today.
Earlier today, Class I railroad carrier CSX reported another strong quarter, with fourth quarter earnings of $457 million and $0.43 per share.
Posted on 01/24 at 12:26 PM
The final pieces of the Far East-North Europe jigsaw are falling into place following last week’s confirmation by UASC that the carrier will expand its cooperation with CSCL and CMA CGM on the trade
Diesel prices dipped slightly this week, falling 0.6 cents to $3.848 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 01/24 at 08:45 AM
Diesel Prices •
Monday, January 23, 2012
The Port of Long Beach has reached a tentative agreement on a 40-year, $4.6 billion lease with Orient Overseas Container Line for the Middle Harbor property
The 7 percent sequential decline comes on the heels of a 0.2 percent gain from October to November
Posted on 01/23 at 12:04 PM
Global Trade •
Friday, January 20, 2012
In an exclusive interview with Logistics Management, Kevin T. Lynskey, Assistant Director, Port Miami, readers are given a current evaluation of this booming ocean cargo gateway.
Coming off of November, which saw new orders for Class 8 trucks decline from October, data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles, showed that December rebounded in impressive fashion, with the second best order month in six years.
Following a sluggish first week of 2012, rail volumes for the week ending January 14 showed solid growth, according to data from the Association of American Railroads (AAR).