Tuesday, March 19, 2013
Following declines of 4.2 cents and 2.9 cents, respectively, over the last two weeks, the EIA reported that diesel prices this week dipped 4.1 cents to $4.047 per gallon. Over the last three weeks, priced have dropped a cumulative 11.2 cents.
Posted on 03/19 at 08:41 AM
Diesel Prices •
Monday, March 18, 2013
Zepol data indicates United States-bound containerized vessel imports were mixed for the month of February, with imports down sequentially and up annually.
Posted on 03/18 at 01:42 PM
Global third-party logistics (3PL) services provider MIQ Logistics announced earlier this month that it has opened a Laredo, Texas-based facility which it said will focus on serving shippers’ cross-border supply chain needs.
Friday, March 15, 2013
The government’s proposed changes to the complex truck driver hours of service regulations had their day in court on the Ides of March and certainly anybody that expected clarity on the issue should have been beware.
In response to global challenges faced by most businesses throughout the past few years, freight forwarders have adjusted their business models in response to adverse economic demands.
Like its neighbor, the Port of Los Angeles, across San Pedro bay, the Port of Long Beach (POLB) had a strong month volume-wise in February, according to data released by the port this week.
Carload volume—at 276,698—was down 0.9 percent, and intermodal—at 235,174 containers and trailers—was up 4 percent annually.
Thursday, March 14, 2013
Total volume—at 614,948 TEU—was up 16.99 percent annually. Imports for the month—at 318,547 TEU—increased 25.23 percent, and exports—at 156,690 TEU—were down 4.88 percent.
Posted on 03/14 at 12:25 PM
Wednesday, March 13, 2013
A little more than one month after coming to terms on a tentative agreement on a new labor contract, which was preceded by months of difficult negotiations, the United States Maritime Alliance (USMX), an alliance of container carriers, direct employers, and port associations serving United States-based East and Gulf Coasts, and the International Longshoremen’s Association (ILA), the largest union of maritime workers in North America, have officially approved the agreement for a successor Master Agreement, according to the Federal Mediation and Conciliation Service (FMCS).
Posted on 03/13 at 03:28 PM
Ocean Shipping •
While the turnover rate at large truckload carriers dipped in the fourth quarter of 2012, the issue of finding and retaining qualified drivers remains a top priority for pretty much all carriers.