Friday, February 11, 2011
Intermodal volumes continued the solid trends which have been occurring throughout 2010 with a strong fourth quarter and 2010, according to the quarter Market Trends report from the Intermodal Association of North America (IANA).
When the 36th Annual Federal Aviation Administration’s Forecast Conference convenes in Washington next week, shippers should expect to hear that profitability for U.S. carriers will hinge a stable environment for fuel prices.
Thursday, February 10, 2011
Legislation recently introduced by Senator Kay Bailey Hutchison (R-Texas) vows to reform the Positive Train Control (PTC) regulatory mandate to reduce compliance costs and maintain a safe rail system.
Despite modest gains in volumes, financial issues are still prevalent at the United States Postal Service.
Rail volumes in January were up compared to the same period in 2010, according to data released by the Association of American Railroads (AAR).
President Obama and Canada’s prime minister, Stephen Harper issued a joint statement reconfirming their support of new and existing trade initiatives.
Wednesday, February 09, 2011
Express delivery and logistics services provider DHL said today that it plans to spend $22.5 million to expand its hub facility at the Cincinnati/Northern Kentucky Airport to meet the growing needs of international shippers.
Posted on 02/09 at 01:45 PM
Air Cargo •
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) increased 1.5 percent in December, following a 0.3 percent decline in November.
Following an impressive 2.4 percent sequential gain in December, the January edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) fell 0.3 percent in January, due, in part to harsh weather conditions throughout much of the United States.
Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) recently announced it has acquired all of the outstanding stock of Morgan Southern, a privately-held provider of intermodal transportation and related services for roughly $20 million.