Tuesday, December 20, 2011
Slight signs of economic stability appeared to take hold on the global trade front from October to November, according to data from Panjiva.
Monday, December 19, 2011
Having brought the storied container line back to profitability, Eivind Kolding will soon be leaving Maersk Line as its chief executive officer
A multi-year highway bill with sufficient funding to start to meet this country’s infrastructure needs tops the trucking industry’s wish list for 2012.
Posted on 12/19 at 12:35 PM
The $26.5 billion less-than-truckload (LTL) is a tiny share of the nation’s $700 billion total freight transportation pie, but it increasingly is seen as a vital component in shippers’ supply chains.
Posted on 12/19 at 11:43 AM
Friday, December 16, 2011
Once again the driving force behind monthly POLA numbers was exports at 197,878 TEU, which is the single highest monthly total for exports, topping October’s 193,548 TEU. November POLA exports were up 15.01 percent annually.
Less-than-truckload transportation services provider YRC Worldwide Inc. said yesterday it has “sold a significant portion of its assets” of its truckload subsidiary, Glen Moore, to Celadon Trucking Services Inc., a subsidiary of truckload carrier Celadon Inc.
Posted on 12/16 at 12:29 PM
YRC Worldwide •
Carload volume—at 297,400—was up 3.7 percent annually.
Thursday, December 15, 2011
Transportation projects in 33 states and Puerto Rico will receive a total of $511 million from the third round of the U.S. Department of Transportation’s popular TIGER grants program
In an ongoing effort to improve fuel efficiency while extending its profitability in the airline industry, Southwest has placed a firm order for 150 Boeing 737 MAX airplanes, with the first delivery scheduled in 2017
Posted on 12/15 at 04:48 PM
Air Cargo •
Air Freight •
Following an early October prediction of 2011 holiday sales rising 2.8 percent to $465.6 billion, the NRF is now calling for 2011 to be up 3.8 percent to $469.1 billion. Holiday sales—as defined by the NRF—are sales in the months of November and December.