Monday, November 05, 2012
The Department of Transportation’s Surface Transportation Board (STB) last week announced it is requesting the disclosure of additional information in regards to a new rule regarding interchange commitments underlying a lease or rail-line sale filed with the STB, also known as paper barriers.
RRTS continues to remain active on the acquisition front with today’s announcement that it has acquired all of the outstanding stock of Central Cal Transportation, a provider of intermodal transportation and related services from the Northern California region.
Posted on 11/05 at 09:26 AM
Friday, November 02, 2012
Posting sharply improved third quarter operating results in the 15th month under new CEO James L. Welch, YRC Worldwide reported Friday an operating profit of $27.3 million on top of a $15.5 million operating profit in the second quarter.
Posted on 11/02 at 10:02 AM
YRC Worldwide •
YRC Freight •
Carload volume—at 287,104—was down 7 percent annually, and intermodal volumes—at 253,186 trailers and containers—were up 3.9 percent.
Posted on 11/02 at 08:31 AM
Rail Freight •
Thursday, November 01, 2012
Following three straight months of declining manufacturing output, the Institute for Supply Management (ISM) reported today that the manufacturing sector grew in October for the second straight month.
RedPrairie and JDA officials said that the combined entity will “offer a broad portfolio of solutions and services to manage global supply chains—from raw materials, to finished products, into the hands of customers—through any channel.”
Posted on 11/01 at 11:04 AM
The Netherlands Authority for the Financial Markets (AFM) granted an exemption to extend the Offer Period for the proposed acquisition of TNT by UPS.
Posted on 11/01 at 09:00 AM
TNT Express •
Wednesday, October 31, 2012
In addition to infrastructure damage, Hurricane Sandy has forced the idling of about 70% of the East Coast’s oil refineries. This does not bode well for the supply of refined oil products as capacity was already quite tight prior to the shutdowns
Posted on 10/31 at 04:09 PM
Supply Chain •
UPS expects to deliver 527 million packages between Thanksgiving and Christmas, and FedEx expects to deliver more than 280 million packages during that same period.
Posted on 10/31 at 10:02 AM
A confluence of ongoing events, including the debt crisis hitting exports, domestic sales and consumer confidence and imports, which have added to declining trade volumes, has led to a recession being formally declared in the European Union, according to the most recent edition of the Global Port Tracker report.