Friday, February 01, 2013
The PMI, the index used by the ISM to measure manufacturing activity, was 53.1 in January, which tops December by 2.9 percent.
Carload volume—at 265,839—was down 6.3 percent annually, and intermodal—at 238,789 trailers and containers—was up 1.6 percent.
Posted on 02/01 at 11:15 AM
FedEx said the new office, which is located in Bangkok, will provide shippers in Thailand and across the Asia Pacific region to leverage FedEx Trade Network’s freight forwarding services.
Thursday, January 31, 2013
U.S.-Canada surface transportation trade in November came in at $46.7 billion in November, and the value of U.S. surface transportation trade with Mexico was $34.8 billion.
Posted on 01/31 at 11:01 AM
Transportation and parcel bellwether UPS reported today that fourth quarter revenue increased 2.3 percent annually to a record $14.57 billion, and adjusted operating profit saw a 41 percent gain to record $2.05 billion. And earnings per share at $1.32 saw a 3 percent gain, falling short of Wall Street estimates of $1.38 per share.
Posted on 01/31 at 11:00 AM
Wednesday, January 30, 2013
American Association of Port Authorities' President and CEO Kurt Nagle says AAPA and the public port industry have greatly appreciated Secretary LaHood’s recognition of the importance of ports as a critical link in our transportation system and his support for port related infrastructure investment during his term as Secretary.
Posted on 01/30 at 10:59 AM
Lack of clearance from European Commission halts UPS' plans for significant European expansion
Tuesday, January 29, 2013
The latest results on supply chain and operations from PwC’s 16th Annual Global CEO Survey, suggest that U.S.-based CEOs remain reluctant to abandon cost-cutting until the economy shows further signs of strengthening.
Following its first weekly increase in eight weeks a week ago, diesel prices are up again this week, according to the Department of Energy’s Energy Information Administration.
Posted on 01/29 at 10:56 AM
Diesel Prices •
During his term as DOT Secretary, LaHood was very active on the transportation infrastructure and freight fronts.
Posted on 01/29 at 10:55 AM