Friday, July 09, 2010

Less-than-truckload shippers, who enjoyed rock-bottom rates as a result of a competitive price war against financially ailing YRC Worldwide, should be prepared to pay significantly higher rates in the next six to 12 months, analysts and carrier executives say.

While the forecast for import cargo volume at U.S.-based retail container ports remains positive, the amount by which volumes rise on a monthly basis is expected to narrow in the coming months, according to the most recent Port Tracker report by the National Retail Federation and Hackett Associates.

Like preceding weeks, railroad volumes for the week ending July 3 were up year-over-year and down compared to 2008, according to the Association of American Railroads (AAR).

With this acquisition, Euromodal will now become Euromodal BDP International Spain S.A.U.

Thursday, July 08, 2010

Lockheed Martin’s Savi Technology announced its SmartChain Consignment Management Application (CMA) software platform version 6.0 achieved SAP certification.

Showing that there is still positive momentum in the trucking sector, freight transportation consultancy FTR Associates said this week that June Class 8 truck total net orders were up significantly compared to May.

When it comes to electronic on-board recorders (EOBRs), independent truck driver owner-operators have one message to the government: stay out of my business.

Wednesday, July 07, 2010

Faced with the possibility of a projected $7 billion shortfall for Fiscal Year 2011, the United States Postal Service (USPS) said yesterday it is proposing price increases to get on the right track to better financial footing.

During the first six months of 2010, the active containership capacity has risen by 15.3 percent, jumping from 11.55 million twenty-foot equivalent units (TEU) on January 1 to 13.32 million TEU at the end of June, according to figures released by Alphaliner, a Paris-based consultancy.

Executive Editor Bob Trebilcock takes a look at why U.S.-based companies are sold on manufacturing at home.