Friday, January 07, 2011
Freight volumes finished 2010 on a somewhat uneven growth path in December, according to the most recent edition of the Cass Information Systems Freight Index.
Carload volume at 240,073 was up 5.6 percent year-over-year, and intermodal at 166,894 trailers and containers was up 11.9 percent over 2009,
Posted on 01/07 at 09:06 AM
Four organizations have individually filed amicus briefs in support of American Trucking Association in its challenge to the Port of Los Angeles Concession Agreement regulations
Thursday, January 06, 2011
Global third-party logistics (3PL) services provider Jacobson Companies said this week it is expanding into Hong Kong with the launch of Jacobson Global Logistics Ltd. (JGL). Jacobson officials said this will serve as the base for which it will expand its Asia-based logistics services. JGL will provide shippers with myriad international logistics services to and from the U.S. and within Asia
Following December’s announcement that it planned to acquire Total Logistic Control, a subsidiary of SUPERVALU and a provider of supply chain services for shippers in the food, beverage, and consumer packaged goods sectors, freight transportation and logistics services provider Ryder System said today the deal is now official.
As has been the case in recent months demand for Class 8 trucks continues to surge. This was reflected in data released this week by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, and freight transportation consulting firm FTR Associates.
A vote by House Republicans yesterday has the potential to significantly change how funding for federal highway and transit programs is distributed and allocated.
Wednesday, January 05, 2011
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 14.9 percent in October 2010 compared to October 2009, increasing to $70.6 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
The Institute for Supply Management reported today in its December Non-Manufacturing Report on Business that the non-manufacturing sector remained on a growth path for the 12th straight month. The ISM’s index for measuring the sector’s overall health—known at the NMI—was 57.1 in December, a 2.1 percent increase from November. Like the ISM’s Manufacturing Report on Business, a reading above 50 represents growth.
Regional less-than-truckload (LTL) transportation services provider Southeastern Freight Lines (SEFL) said this week it is rolling out a new subsidiary focused on providing expedited service and multi-modal transportation services throughout the U.S.