Monday, February 02, 2015
Following a mid-December announcement in which transportation and logistics bellwether FedEx said it signed an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics, FedEx said late last week the deal has officially been completed.
Posted on 02/02 at 10:20 AM
Friday, January 30, 2015
Owners of corporate fleets and fuel buyers face two dilemmas: a limited supply of cost-effective, low greenhouse-gas fuels, and little information on fuel sustainability impacts across the full production and use value chain.
Posted on 01/30 at 03:13 AM
U.S. Carloads were up 5 percent annually at 294,738, and intermodal at 253,317 containers and trailers was up 3 percent.
Posted on 01/30 at 02:49 AM
Thursday, January 29, 2015
Truckload and intermodal pricing was up on an annual basis, according to the December edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners.
While the official numbers won’t be issued until early February in its quarterly Market Trends & Statistics report, preliminary data for the fourth quarter and full-year 2014 intermodal output from the Intermodal Association of North America (IANA) indicates that annual growth was intact.
Posted on 01/29 at 10:02 AM
Wednesday, January 28, 2015
The annualized turnover rate for large truckload carriers in the third quarter rose one percentage point to 97 percent, according to the ATA.
Tuesday, January 27, 2015
Diesel prices continued their ongoing decline, with the average price per gallon falling 6.7 cents to $2.866 per gallon, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
Posted on 01/27 at 10:42 AM
Diesel Prices •
Unlike other shipping companies, the Postal Service is not implementing any new dimensional weight charges with this pricing proposal
Posted on 01/27 at 10:35 AM
Drewry is expecting the recent spate of freight rate volatility to continue.
Posted on 01/27 at 09:44 AM
Monday, January 26, 2015
For November, which is the most recent month for which data is available, the SCI came in at -3.2. While this is still entrenched in negative territory, it represents an improvement over October and September, which were -5.5 and -6.6, respectively.
Posted on 01/26 at 12:28 PM