Tuesday, October 06, 2015
Coming off of 2014, which in many ways is viewed as a banner year for freight, it appears that some tailwinds have firmly kicked in, as 2015 enters its official homestretch, according to Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics (SOL) Report at last week’s CSCMP Annual Conference in San Diego. The SOL report is sponsored by Penske Logistics.
Posted on 10/06 at 09:54 AM
State of Logistics •
The average price per gallon for diesel gasoline increased 1.6 cents to $2.492 per gallon, according to data issued by the Department of Energy’s Energy Information Administration (EIA) this week.
Posted on 10/06 at 08:54 AM
Diesel Prices •
Monday, October 05, 2015
The planned $4.8 billion acquisition of Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator, by FedEx may be showing signs of coming closer to fruition, with TNT’s shareholders formally giving their blessing on the proposed deal.
Posted on 10/05 at 02:40 PM
TNT Express •
Con-way Freight, the less-than-truckload (LTL) subsidiary of transportation and logistics service provider Con-way, recently announced it plans to implement a general rate increase for non-contractual freight, effective October 19.
Posted on 10/05 at 01:53 PM
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 56.9 in September (a level of 50 or higher indicates growth), a 2.1 percent decrease from August’s 59.0, and 3.4 percent off from July’s 60.3, which is its highest reading since January 2008.
Posted on 10/05 at 12:56 PM
The Airforwarders Association (AfA), representing 360 companies and more than 300,000 employees who move air cargo through the supply chain, today applauded the conclusion of the Trans-Pacific Partnership agreement at the ministerial meeting in Atlanta.
Posted on 10/05 at 09:01 AM
Friday, October 02, 2015
The United States Environmental Protection Agency (EPA) has awarded the Port of Oakland $277,885 to upgrade cargo-handling equipment and reduce exhaust emissions on the waterfront.
Entitled the Positive Train Control Enforcement and Implementation Act of 2015, the bill would extend the 2015 PTC implementation deadline to the end of 2018.
Posted on 10/02 at 10:34 AM
Railroad Shipping •
Carloads were down 5.4 percent annually to 285,856, and intermodal was up 2.1 percent to 280,844.
Posted on 10/02 at 09:15 AM
Thursday, October 01, 2015
Manufacturing growth output saw a slight decline for the third straight month while still remaining in growth mode, according to the September edition of the Institute for Supply Management’s September edition of its Manufacturing Report on Business.
Posted on 10/01 at 12:31 PM