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Friday, June 24, 2011

Intermodal volumes hit a 2011 high for the second straight week at 237,682 trailers and containers for a 4.3 percent annual gain, topping the week ending June 4 at 237,422 by 260 trailers and containers.
Posted on 06/24 at 09:06 AM
NewsRailroadRail FreightIntermodalAARRailroad ShippingPermalink


In an effort to combat high oil prices causes by geopolitical issues in the Middle East, the White House and the United States Department of Energy (DOE) said this week that the U.S. and partner nations in the International Energy Agency will release 60 million barrels of oil.
Posted on 06/24 at 08:23 AM
NewsTruckingDepartment of EnergyTransportationDiesel PricesOil PricesWhite HousePermalink


Thursday, June 23, 2011

In its fourth quarter earnings report, Fedex explained its 6 percent y-t-d improvement on strong yield improvement in all transportation segments, as well as volume growth of ground and international express shipments.
Posted on 06/23 at 09:22 AM
NewsFreightGlobal TradeLogisticsPermalink


Those less-than-truckload (LTL shippers) yearning for an optimistic sign from YRC Worldwide’s four-year bout with bankruptcy and cessation may get a ray of hope from the LTL giant’s resumption of partial payments to its Teamsters’ pension plans after a 23-month hiatus.
Posted on 06/23 at 12:29 AM
NewsTruckingTransportationLTLYRC WorldwideYRCPermalink


Wednesday, June 22, 2011

Truck driver shortages, a persistent dilemma for shippers seeking adequate capacity, are back.
Posted on 06/22 at 12:14 AM
NewsTruckingSupply Chain ManagementLogisticsTransportationDriver ShortagePermalink


Tuesday, June 21, 2011

Earlier this month, an investment group led by Bradley S. Jacobs, an entrepreneur and founder and owner of Jacobs Private Equity LLC, and Express-1 Expedited Solutions, a non-asset-based third party logistics (3PL) transportation services provider, said they have entered into an agreement in which Jacobs and a group of co-investors will invest up to $150 million in cash in Express-1.
Posted on 06/21 at 02:08 PM
NewsFreight ForwardingExpressFreight BrokerageExpeditedExpress-1Permalink


A pretty big relationship between global third-party logistics (3PL) services provider CEVA Logistics and freight transportation and logistics services provider Ryder got even bigger with week, with the companies announcing that CEVA has added more than 1,000 full service lease trailers from Ryder.
Posted on 06/21 at 09:00 AM
NewsTruckingSupply Chain ManagementLogisticsRyderCEVARyder SystemPermalink


On the heels of the first weekly increase since the week of May 2, when the price per gallon of diesel hit $4.124, the average price per gallon dipped 0.4 cents to $3.95 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 06/21 at 08:26 AM
NewsTruckingTransportationDiesel PricesPermalink


The Port of San Francisco, which ceded major container operations to its cross-bay rival, the Port of Oakland, many years ago, is getting back to basics.
Posted on 06/21 at 08:16 AM
NewsOcean FreightGlobal TradeOcean CargoPermalink


LM survey respondents say Peak Season could actually resemble something a bit more typical and familiar than the mixed bag we have seen in recent years.
Posted on 06/21 at 12:45 AM
NewsSupply Chain ManagementLogisticsTransportationPeak SeasonPermalink



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