Wednesday, October 17, 2012
Leading off third quarter earnings results for Class I railroads, CSX last night reported net earnings of $455 million, which was down 2 percent annually and $0.44 per share, which fell short of Wall Street estimates of $0.47 and ahead of last year’s $0.43.
Tuesday, October 16, 2012
The average price per gallon of diesel increased 5.6 cents to $4.15 per gallon. This is the highest price since the week of August 18, 2008, when prices were $4.207 per gallon.
Posted on 10/16 at 09:34 AM
Diesel Prices •
The United States Postal Service (USPS) recently rolled out new prices set to take effect on January 27, 2013, pending approval from the Postal Regulatory Commission.
Monday, October 15, 2012
If October comes in strong, POLA says it could reflect a "mini-surge" type of Peak Season.
Commerce reported that September retail sales at $412.9 billion were up 1.1 percent compared to August and up 5.4 percent compared to September 2011, and the NRF reported that September retail sales, which exclude autos, gas stations, and restaurants, were up 0.4 percent on a seasonally-adjusted basis from August and up 2.1 percent on an unadjusted basis annually.
The parties are making good progress on a number of difficult issues at the full committee and subcommittee levels, according to FMCS.
Posted on 10/15 at 08:39 AM
Saturday, October 13, 2012
New research indicates that that the peak month for U.S. imports in 2012 will most likely be July
Posted on 10/13 at 10:38 AM
Friday, October 12, 2012
Pricing on the truckload and intermodal fronts was largely flat on an annual basis, according to the September edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners.
Twelve of 13 indexes decrease, pointing to abundant uncertainty and continued softening of industrial base
Posted on 10/12 at 08:49 AM
Carload volume—283,440—was down 6.3 percent compared to the same week a year ago, and intermodal volumes at 251,113 trailers and containers were up 3.8 percent annually.
Posted on 10/12 at 08:39 AM