Tuesday, October 28, 2014
The average price per gallon fell 2.1 cents to $3.635 per gallon for its seventh consecutive weekly decline, with weekly prices not having seen an increase since the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.
Posted on 10/28 at 09:26 AM
Diesel Prices •
Monday, October 27, 2014
MHI and the materials handling industry are in transition as materials handling’s profile is raised in the supply chain. The challenge is learning to speak the language of supply chain managers.
Posted on 10/27 at 11:36 AM
September was the busiest month at the Port of Oakland in more than a year. According to port spokesmen, Oakland handled 207,412 containers at its marine terminals last month. That was the most since August 2013 when 209,138 boxes were received.
Friday, October 24, 2014
UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.
Posted on 10/24 at 09:12 AM
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 4.4 percent from August 2013 to August 2014 at $100.6 billion.
Posted on 10/24 at 01:51 AM
Thursday, October 23, 2014
As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Posted on 10/23 at 12:27 PM
Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.
Posted on 10/23 at 11:08 AM
With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).
Posted on 10/23 at 10:05 AM
Wednesday, October 22, 2014
In a separate conference call following CP’s third quarter earnings release call yesterday, CP CEO Hunter Harrison make myriad convincing points for a merger between CP and CSX and offered up his take in general industry M&A as well.
Posted on 10/22 at 12:38 PM
Seasonally-adjusted (SA) for-hire truck tonnage in September checked in at 132.6 (2000=100) for the second straight month, remaining as the current all-time high level for the second month in a row, with November 2013’s 131.0 now the second best month recorded.
Posted on 10/22 at 10:17 AM