Tuesday, June 23, 2015
According to the 26th Annual State of Logistics Report (SoL), the logistics and transportation industry chalked up its best year since the Great Recession, with U.S. business logistics costs rising 3.1 percent to $1.45 trillion last year.
Posted on 06/23 at 10:24 AM
This week’s price–at $2.859 per gallon-was down 1.1 cents from last week’s $2.87 and was also down $1.060 annually.
Posted on 06/23 at 10:12 AM
Diesel Prices •
With overall market conditions for shippers being largely viewed as difficult, the most recent edition of the Shippers Conditions Index (SCI) from freight transportation consultancy FTR is calling for more of the same in the coming months, even with signs of improvement in April, the most recent month which the report covers.
Posted on 06/23 at 09:47 AM
FTR Associates •
Monday, June 22, 2015
New regulatory standards proposed by the United States Department of Transportation and the Environmental Protection Agency late last week have a keen focus on reducing the carbon footprint of medium and heavy vehicles.
Posted on 06/22 at 09:33 AM
The proposal that would allow LTL carriers to introduce 33-foot twin “pup” trailers is running into stiff opposition in the Senate – and from other segments of the trucking industry.
Posted on 06/22 at 07:00 AM
The Alliance Award recognizes collaborative efforts and dynamic supply chain partnerships that produce meaningful outcomes, achieve quantifiable results and drive supply chain excellence.
Friday, June 19, 2015
A move by an autonomous board of the Nationals Motor Freight Traffic Association (NMFTA) to require binding arbitration in freight claims and billing disputes is drawing fire from a major shippers group.
Posted on 06/19 at 08:38 AM
The trucking industry is welcoming a classic productivity tradeoff – allowing 33-foot twin “pup” trailers in exchange for toughening equipment and driver training standards. Although the moves are not directly linked, the upshot of the pending introduction of 33-foot trailers will allow LTL carriers up to 18 percent greater productivity—a boon to large LTL carriers such as FedEx Freight, UPS Freight, Con-way and a host of regional and interregional LTL operations.
Posted on 06/19 at 08:27 AM
Wednesday, June 17, 2015
Oakland handled 213,260 cargo containers last month. That was the most since it reported volume of 216,276 containers in August 2011.
FedEx Corp. today reported adjusted earnings of $2.66 per diluted share for the fourth quarter ended May 31, compared to adjusted earnings of $2.54 per diluted share a year ago, thereby falling short of what many market analysts expected.
Posted on 06/17 at 08:04 AM