Friday, January 27, 2012
Carload volume—at 287,734—was up 1.6 percent compared to last year but behind the week ending January 14 at 298,560.
Data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles, released this week found that net orders for commercial trailers were up nearly 40 percent in 2011 compared to 2010, while used truck volumes in December were up compared to November but down annually.
Thursday, January 26, 2012
Penske Logistics, a subsidiary of global transportation services provider Penske Corporation, recently announced it has expanded its European presence with a new office in Düsseldorf, Germany.
Logistics technology provider Descartes recently announced it has acquired GeoMicro Inc., a provider of advanced geographic information systems (GIS) and commercial
TransCore said its North American Freight Index for December saw an 11 percent gain on an annual basis and represented the second highest freight volume for the month of December since 2005.
Wednesday, January 25, 2012
As China strides into the Year of the Dragon, its economy is in the midst of an aggressive slowdown, warns IHS Global Insight economists.
Like in previous addresses to Congress, President Barack Obama placed a significant emphasis on transportation infrastructure and the role it can play in helping revive the economy and set the stage for future growth in his State of the Union Address last night.
Posted on 01/25 at 11:12 AM
Tuesday, January 24, 2012
While the economic recovery remains far from complete, truck tonnage could be serving as a positive barometer of things to come, based on the American Trucking Associations’ (ATA) December and 2011 year-end truck tonnage data, which was released today.
Earlier today, Class I railroad carrier CSX reported another strong quarter, with fourth quarter earnings of $457 million and $0.43 per share.
Posted on 01/24 at 12:26 PM