Tuesday, May 15, 2012
Business conditions impacting shippers remain largely unchanged, according to the most recent edition of the Shippers Condition Index (SCI) from freight transportation forecasting firm FTR Associates.
Posted on 05/15 at 08:04 AM
FTR Associates •
This is an exclusive interview with Dennis Omanoff, Senior Vice President, Supply Chain and Procurement, Seagate Technology
Building off of the positive momentum from February to March, global trade activity continued heading in the right direction from March to April, according to data released by Panjiva.
April’s 0.1 percent increase was preceded by gains of 0.3 percent and 0.7 percent in March and February, respectively.
With Europe in a recession, it is being reflected in data in the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Friday, May 11, 2012
Schneider National and BNSF Railway have inked a new, multi-year agreement in which BNSF will continue to serve as one of Schneider’s primary rail providers for intermodal service.
FedEx is set to acquire TATEX, a France-based B2B express transportation company focused on heavy shipments.
Carload volume—at 276,136—was down 2 percent annually, and intermodal volumes—at 239,031 trailers and containers—were up 3 percent annually.
Thursday, May 10, 2012
The USPS said it incurred a new loss of $3.2 billion during the quarter, following a $3.3 billion fiscal first quarter loss and a $5.1 billion fiscal year 2012 loss.