Friday, July 01, 2011
The General Rate Increase will be 6.9 percent and covers non-contractual shipments in the U.S., Canada, and Mexico, according to UPS. It also applies to minimum charge, LTL rates, and accessorial charges. UPS added that shippers will be able to view and download the new rates at http://www.ltl.upsfreight.com
Posted on 07/01 at 08:31 AM
Responding to shipper concerns, the West Coast MTO Agreement (WCMTOA) announced it will postpone until August 1 its planned adjustment to the Traffic Mitigation Fee at the Ports of Los Angeles and Long Beach.
According to the report, total dollars billed in the first quarter for all study participants—at roughly $1.8 billion—was up 17.1 percent compared to the first quarter of 2010.
Thursday, June 30, 2011
A new piece of legislation introduced by Congressmen Russ Carnahan (D-MO) and Frank Guinta (R-NH) is focused on addressing fraud-related issues in the freight transportation marketplace.
Rising prices and other inflationary pressure could reduce corporate profits by up to 9 percent in 2011 and 2012
Wednesday, June 29, 2011
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 12.1 percent in April 2011 compared to April 2010, coming in at $73.8 billion.
Data published this week by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, indicated that total U.S. trailer net orders dipped for the second straight month, falling 9 percent in May.
Tuesday, June 28, 2011
Not surprisingly, the primary concern among small to medium-sized businesses, is the economy
Taking steps to further leverage a relationship that has been intact since 2003, UPS and global pharmaceutical giant Merck said today they are expanding their distribution and logistics agreement on more of a global supply chain basis.
Two weeks after the price per gallon of diesel fuel was up for the first time in more than a month, diesel saw its second straight weekly decline, falling 6.2 cents to $3.888 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 06/28 at 10:13 AM