Tuesday, May 22, 2012
The price per gallon for diesel fell 4.8 cents to $3.956 per gallon, falling 0.5 cents short of last week’s 5.3 cent drop, which was the steepest decline in almost five months.
Posted on 05/22 at 09:08 AM
Diesel Prices •
Monday, May 21, 2012
Recent data from TransCore noted that April marked the best single month volume output for the spot market, based on its TransCore’s DAT North American Freight Index, which reflects spot market freight availability on its network of load boards in the United States and Canada.
2011 marks the second year of double-digit growth for the SCM software market as supply chain investments kept their priority status and moved forward, despite caution from IT budget decision makers.
Friday, May 18, 2012
Carload volume—at 279,063—was down 5.2 percent annually, and intermodal at 238,980 trailers and containers—were up 3.1 percent annually
Posted on 05/18 at 10:12 AM
The Department of Homeland Security’s Transportation Security Administration (TSA) said this week that it has set a December 3, 2012 deadline, which requires passenger air carriers to conduct 100 percent cargo screening on international inbound flights.
Thursday, May 17, 2012
Class I railroad carrier Canadian Pacific Railway Ltd. said ahead of its annual shareholder meeting earlier today that Fred Green, president and CEO, has left the company. This move comes in the wake of a proxy vote by activist investor Bill Ackman, head of Pershing Square Capital Management, and the single largest CP shareholder with a 14.1 percent stake in the company.
April volumes at the Port of Long Beach (POLB) were down 13 percent annually, according to data released by the port this week.
Wednesday, May 16, 2012
This marks the third consecutive year that supply chain concerns have increased, says BDO USA, a leading accounting and consulting organization
YRC Freight President Jeff Rogers said the decision to add drivers is due to the fact that “YRC Freight is growing and our volumes are building.”
Posted on 05/16 at 11:19 AM
YRC Worldwide •
YRC Freight •
At a time when truckload capacity remains fairly tight and is expected to remain that way, freight brokerages appear to be reaping the benefits. That was a central theme in a recent report issued by TransCore,