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All Entries

Wednesday, September 17, 2014

The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.
Posted on 09/17 at 09:30 AM
NewsFedExFedEx FreightFedEx GroundPermalink


Tuesday, September 16, 2014

Total POLB volumes dropped 9.1 percent in August at 573,083 TEU, and POLA volumes in August were up 6.7 percent compared to August 2013 at 757,702 TEU.
Posted on 09/16 at 10:07 AM
NewsPort of Los AngelesPort of Long BeachPermalink


Following a week in which the average price per gallon was flat, diesel prices resumed their decline, falling 1.3 cents to $3.801 per gallon, according to the Department of Energy’s Energy Information Administration.
Posted on 09/16 at 09:01 AM
NewsEIADiesel PricesPermalink


Monday, September 15, 2014

While diesel prices have largely been out of the spotlight in 2014, freight transportation and logistics stakeholders always need to keep a close eye on what prices are doing, as it has a significant impact on transportation budgets and forecasting.
Posted on 09/15 at 01:51 PM
NewsDiesel PricesPermalink


Railroad service issues and rates, which many rail shippers deem as unreasonable, are front and center in a piece of legislation to be introduced soon by Senators Jay Rockefeller (D-WV) and John Thune (R-SD), chairman and ranking member of the Senate Committee on Commerce Science and Transportation.
Posted on 09/15 at 11:32 AM
NewsPermalink


Friday, September 12, 2014

FTR and Internet Truckstop said that this alliance will provide shippers and carriers with myriad benefits, including market analysis and specificity for contract and spot freight segments by region and trailer type.
Posted on 09/12 at 01:44 PM
NewsSpot MarketFTRPermalink


Commerce reported that August retail sales at $444.4 billion were up 0.6 percent compared to July and up 5.0 percent compared to August 2013, and the NRF said that August retail sales, which exclude automobiles, gas stations, and restaurants, were up 0.5 percent compared to July and up 2.7 percent on an annual unadjusted basis.
Posted on 09/12 at 10:40 AM
NewsNational Retail FederationRetailNRFDepartment of CommercePermalink


Carload volumes were up 2.7 percent at 286,002, and intermodal volume was up 4.5 percent at 239,142 trailers and containers.
Posted on 09/12 at 09:26 AM
NewsIntermodalAARCarloadPermalink


Non asset-based 3PL XPO Logistics said this week that three global blue chip institutions––PSP Investments, Singapore’s sovereign wealth fund called GIC, and the Ontario Teachers’ Pension Plan–– have invested a cumulative $700 million into XPO, which company officials said will be used to accelerate its growth strategy and allocated mainly for unspecified acquisitions.
Posted on 09/12 at 08:53 AM
NewsXPO LogisticsFreight BrokerageXPOPermalink


Tuesday, September 09, 2014

Rumors of labor strikes and other supply chain disruptions are inspiring logistics executives to look toward the Eastern Seaboard. While West Coast ports remain dominant, JLL’s sixth annual Seaport Outlook shows rapid growth and demand for space by the nation’s ports on the East Coast.
Posted on 09/09 at 12:26 PM
NewsPortsIntermodalLogisticsInfrastructureSeaportsPermalink



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