Tuesday, October 22, 2013
Materials handling and logistics are finally showing up as a corporate strategy. C-level executives are taking notice.
Posted on 10/22 at 06:35 AM
Materials Handling •
Monday, October 21, 2013
Thanks to liberalization of Mexico’s used truck rules, there has been a stunning increase in the number of six-to-10-year-old U.S.-manufactured trucks that are being sold at auction to Mexican fleets.
Posted on 10/21 at 06:28 AM
Friday, October 18, 2013
Falling 1.1 cents to $3.886 per gallon, this most recent drop follows declines of 2.2 cents, 3 cents, 2.5 cents, and 0.7 cents over the previous four weeks.
Posted on 10/18 at 10:10 AM
Diesel Prices •
Carload volume—at 285,372—was up 0.1 percent annually, and intermodal—at 260,839 trailers and containers—was up 4.0 percent.
Posted on 10/18 at 09:16 AM
Thursday, October 17, 2013
While total volume—at 710,892 TEU (Twenty-foot Equivalent Units)—cracked the 700,000 mark for the third straight month, September was down 4.57 percent annually.
Posted on 10/17 at 10:43 AM
Ocean Shipping •
Prologis Inc., a leading global owner, operator and developer of industrial real estate, recently published an in-depth analysis of global rents for logistics facilities in a paper titled “Entering the Sweet Spot in the Cycle for Logistics Real Estate: An Extended Rental Rate Expansion.”
Posted on 10/17 at 09:09 AM
Wednesday, October 16, 2013
Class I railroad carrier CSX yesterday reported third quarter net earnings of $463 million and $0.46 per share, which was up 1.7 percent annually and beat Wall Street estimates of $0.43 per share.
September truckload rates were up 1.7 percent compared to September 2012 and up 2.7 percent compared to August, and intermodal rates were down 0.5 percent annually in September and fell 1.2 percent from August.
UPS recently announced it has expanded its UPS Preferred Less-Than-Container Load (LCL) expedited ocean freight service between Asia and three Mexico-based locales in Monterrey, Mexico City, and Guadalajara.
Posted on 10/16 at 09:35 AM
Tuesday, October 15, 2013
DAT, a subsidiary of Portland, Oregon-based TransCore, recently reported that spot market truckload volume dropped 5.3 percent from August to September, based on its DAT North American Freight Index. Company officials said that this decline is seasonal.
Posted on 10/15 at 01:21 PM
Spot Market •