Friday, April 08, 2011
For the week ending April 2, the AAR reported that carload volume hit its highest level since the end of 2008 at 305,905 carloads for a 5.7 percent annual increase. This outpaced the weeks ending March 26, March 19, and March 12, which hit 200,903, 292,164, and 303,953, respectively.
Thursday, April 07, 2011
Many shipping industry insiders were caught off guard when Richard D. Steinke announced his intention to retire as executive director of the Port of Long Beach this week.
The abrupt withdrawal of Boeing 737 aircraft from Southwest Airlines’ fleet had little impact on shippers, said an industry leader
While the majority of transportation interests on Capitol Hill are largely fixated on getting a future surface transportation authorization passed, Department of Transportation Secretary Ray LaHood this week took to the water in releasing a detailed report on United States Marine Highways.
According to IDC group vice president, Bob Parker, Toyota is losing $80 million per day largely due to several strategic suppliers being located in the Northeast
UPS said that 69 percent of the 1,136 IBT members that voted approved the contract which covers 1,200 aircraft maintenance technicians and employees in related trades at UPS, by a 69 percent to 31 percent margin.
Company officials said this effort is possible due to legislation recently passed by the New Mexico state legislature and signed into law by Governor Susan Martinez, which grants Union Pacific a locomotive fuel tax deduction, coupled with a $400 million investment by UPRR.
Wednesday, April 06, 2011
Upon ratification by union membership in the next two months, this deal will run through May 20, 2015 and impact roughly 205,000 employees, according to USPS officials.
March shipments at 1.108 were up 13.8 percent annually and 6.5 percent compared to February’s 1.036, with shipments above for the 1.0 mark for the tenth straight month going back to May 2010’s 1.014 breaking the 1.0 level for the first time since November 20008.
When ocean shipping’s “peak season” comes to end next fall, one of the industry’s leading port directors will be stepping down.