Tuesday, March 08, 2011
On the heels of a 14.3 cent weekly gain, diesel prices saw their single highest weekly increase since May 2008, with a 15.5 cent bump to $3.871 per gallon, according to data from the Department of Energy’s Energy Information Administration (EIA).
Freight transportation services provider ABF said this week it has rolled out its RPM service to the western one-third of the United States.
Monday, March 07, 2011
Class I railroads received good news last week, when the Federal Railroad Administration and the Association of American Railroads reached a settlement regarding the guidelines of the Positive Train Control (PTC) regulatory mandate.
After two months of declining freight shipment levels, February showed some signs of growth, according to the most recent edition of the Cass Information Systems Freight Index.
Posted on 03/07 at 11:50 AM
Now that the first half 2011 prediction has been raised, the report is calling for 7.5 million TEU during that period, which would be a 9 percent gain over the first half of 2010. In 2010, the report said there was a total of 14.7 million TEU moved—a 16 percent gain over 2009, which was largely achieved due to 2009’s 12.7 million TEU serving as the lowest annual tally since 2003.
In an era of globe-spanning operations, multiple events over the past year once again underscore the critical need to develop comprehensive business continuity plans in light of supply chain vulnerabilities.
Friday, March 04, 2011
With the clock ticking down on the future of federal highway and transit funding, the United States Congress and House of Representatives yesterday both voted to extend funding through September 30, the end of the fiscal year. This measure has now officially been signed into law by President Barack Obama and will cover funding related to highway, highway safety, and transit programs.
Following the January reintroduction of a Senate bill designed to remove antitrust exemptions currently granted to the railroad industry, the Senate Judiciary Committee this week approved the bill—entitled the Railroad Antitrust Enforcement Act, S.49—by a 14-1 margin.
In an effort to highlight its expanded reach, Purolator Courier Ltd. said this week it has changed its official name to Purolator Inc. and Purolator USA is now Purolator International.
Posted on 03/04 at 10:12 AM
Carload volume at 296,252 was up 2.4 percent year-over-year and was slightly behind the week ending February 19, which came in at 296,980.