Friday, November 11, 2011
After things appeared to be looking up—in terms of business conditions—for shippers, data released this week by freight transportation forecasting firm FTR Associates indicates that tougher times are indeed back.
A new indicator for truckload pricing, which was recently introduced by Cass Information Systems, the largest payer of freight bills with more than $17 billion in annual freight spend, and investment firm Avondale Partners, disclosed this week that per-mile truckload pricing saw significant gains in October.
While the economy is still not in a full-fledged recovery, the situation may not be as dire as it was a month ago, according to the most recent edition of the Ceridian-UCLA Pulse of Commerce Index.
Thursday, November 10, 2011
With several terminals closed at West Coast seaports due to Veterans Day, shippers are hoping that cargo operations will return to normal next week
The bill, entitled Moving Ahead for Progress in the 21st Century (MAP-21), vows to reauthorize U.S. transportation programs for two years at a cost of $109 billion and reform these programs to make them more efficient.
Taking steps to enhance the joint intermodal service they launched in March 2010, entitled UMAX, Class I railroad carriers Union Pacific and CSX recently announced service enhancements for this offering.
A new UPS-sponsored survey suggests that high-tech manufacturers may be the first to decrease their dependence on China for sourcing
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported on Wednesday that its Freight Transportation Services Index (TSI) increased 0.9 percent from in September from August.
Freight transportation services provider ABF said this week it has rolled out a new offering entitled Ocean LTL.