Monday, July 18, 2011
Freight transportation and logistics services provider Pacer International Inc. recently announced that its Pacer Distribution Services (PDS) subsidiary has expanded into the Seattle region by leasing space in Sumner, Washington.
Compared to a year ago, volumes are down overall at both ports.
Sunday, July 17, 2011
The SaaS-based delivery will experience healthy growth through 2015, when worldwide revenue is projected to reach $21.3 billion
Friday, July 15, 2011
Carload volume—at 245,574—was down 3.2 percent year-over-year.
Coming off of April and May which saw 7 and 8 percent gains, respectively, in the number of waterborne shipments heading to the U.S., June saw a 1 percent decline from May to June at 1,030,363, according to Panjiva. On an annual basis, June shipments were down 4 percent compared to June 2010’s 1,076,015 shipments.
Thursday, July 14, 2011
As has been the case in recent months, stagnant economic growth has been on display in the form of monthly retail sales, and June was no exception, give the most recent batch of retail sales data from the United States Department of Commerce and the National Retail Federation (NRF).
Menlo Worldwide Logistics LLC recently announced it has broke ground on a new 40,000 square-foot distribution management center in Singapore in an effort to expand its presence there.
Wednesday, July 13, 2011
The push for natural gas as a transportation fuel received a major boost this week, with the news that Chesapeake Energy, the second largest natural gas producer in the country, is committing $150 million into Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) dropped 1.8 percent from April to May, following a 1.0 percent decrease and a 1.9 percent increase, respectively, the previous two months.
Evidence regarding the uneven economic recovery remains apparent, according to the most recent results of the June edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) Index.