Tuesday, February 12, 2013
Following a 9.5 cent gain a week ago, the price per gallon for diesel gasoline increased 8.2 cents to $4.104 per gallon this week, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 02/12 at 11:48 AM
Diesel Prices •
Monday, February 11, 2013
The United States Postal Service announced late last week that it finished the first quarter of fiscal year 2013 with a net loss of $1.3 billion, coming off of a fiscal year 2012 loss of $15.9 billion.
Posted on 02/11 at 11:47 AM
Fourth quarter 2012 merger and acquisition (M&A) activity in the transportation and logistics sectors was at its highest level in three years, according to Pricewaterhouse Coopers’ (PwC) report “Intersections: Fourth Quarter 2012 global transportation and logistics industry mergers and acquisitions analysis.”
Citing a tentative labor contract deal recently reached at East Coast and Gulf Coast ports and uncertainty regarding West Coast ports labor negotiations, the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and Hackett Associates is calling for February import cargo volume at major United States-based retail container ports to increase 8.5 percent annually.
The Long Beach Press Telegram reported late last week that clerical workers at both ports rejected a contract proposal that ended the strike in early December.
Friday, February 08, 2013
IANA said that 2012 was a record year for intermodal container movements at roughly 13,108,672 million, which topped 2011 by 5.9 percent and the previous high in 2007 by 9.8 percent.
Posted on 02/08 at 11:43 AM
This morning’s fourth quarter and 2012 year-end earnings release from less-than-truckload transportation services provider YRC Worldwide brought something the company has not seen in six years: a positive annual operating income.
Posted on 02/08 at 11:42 AM
YRC Freight •
YRC Worldside •
Shippers concerned that they will have fewer express transport options once the United States Postal Service (USPS) ceases Saturday deliveries have nothing to fear
Two new products to help shippers develop scalable product lifecycle management (PLM) were introduced at the Oracle Value Chain Summit 2013 in San Francisco this week.
January carloads—at 1,339,604—were down 6.3 percent annually. Intermodal—at 1,168,630 trailers and containers—was up 5.3 percent compared to January 2012.
Posted on 02/08 at 11:39 AM
Rail Freight •