Tuesday, February 14, 2012
January’s PCI dipped 1.7 percent after a 0.4 percent December gain and increases of 0.1 percent and 1.1 percent in November and October, respectively. With this decline, the PCI has seen growth in five of the last 11 months.
Coming off of the holiday shopping season, January retail sales turned in positive performances and showed signs of slow but continuing economic improvement, according to data from the United States Department of Commerce and the National Retail Federation.
With an 8.7 cent increase, the price per gallon of diesel is now at $3.943 per gallon, according to the Department of Energy’s Energy Information Administration
Posted on 02/14 at 10:43 AM
Diesel Prices •
According to the Teamsters for a Democratic Union, the YRC Freight change of operations, which it said “aims to eliminate all utility employees and most end of line jobs,” is on hold, with a planned YRC Freight March 1 hearing on the change of operations now postponed.
Posted on 02/14 at 10:08 AM
YRC Freight •
Monday, February 13, 2012
According to a leading trade intelligence report, inbound ocean cargo calls increased at all top ten U.S. ports last month.
Taking its next steps in launching a less-than-container load (LCL) offering, global third-party logistics (3PL) services provider CEVA Logistics announced today that it has opened two new LCL lanes.
Posted on 02/13 at 11:56 AM
Ocean Freight •
Organizations join together to urge Members to oppose any floor amendments that would modify any of the truck size and weight provisions in the bill.
Friday, February 10, 2012
The Senate yesterday voted by an 85-11 margin to move forward with Moving Ahead for Progress in the 21st Century (MAP-21), its two-year, $109 billion transportation bill.
Harlin replaces Pat Quinn, who passed away in December.
Carload volume—284,546—was up 6.2 percent annually—and was slightly ahead of the week ending January 28 at 283,654 and ahead of the week ending January 21 at 287,734 and behind the week ending January 14 at 298,560.