Tuesday, September 11, 2012
While diesel prices increased for the tenth consecutive week, the pace of growth was subdued, rising 0.5 cents to $4.132 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 09/11 at 08:57 AM
Diesel Prices •
STB officials wrote in a decision to the two railroads, whom were seeking STB approval for the discussion, that it determined it was a “minor transaction” as defined by its regulations.
Monday, September 10, 2012
Even with the significant sequential gain, FTR said that August represents the second lowest order month for Class 8 trucks since August 2010.
Global logistics services provider and freight forwarder C.H. Robinson Worldwide Inc. (CHRW) recently announced it has agreed to acquire Warsaw, Poland-based freight forwarder Apreo Logistics S.A.
Dachser Transport of America, a subsidiary of global, Germany-based 3PL Dachser said that Dachser recently opened up a new branch office of Nanjing, China, which is the capital of the Jiangsu province in the Yangtze River Delta region.
Posted on 09/10 at 09:30 AM
Global Logistics •
Friday, September 07, 2012
Shipments and expenditures are each down 1.1 percent from July.
August carloads—at 1,461,680—were down 1.4 percent annually. Intermodal—at 1,230,992 trailers and containers—was up 4.3 percent.
Posted on 09/07 at 09:42 AM
Rail Freight •
Thursday, September 06, 2012
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.7 in August, up 1.1 percent from July.
In its Current Market Outlook Boeing
predicts that there will be a long-term demand for 34,000 new airplanes, valued at $4.5 trillion.
Posted on 09/06 at 09:13 AM
Air Cargo •
Air Freight •