Wednesday, January 11, 2012
Business conditions for shippers appear to be on a fairly typical seasonal pattern, according to the most recent edition of the Shippers Condition Index (SCI) from freight transportation forecasting firm FTR Associates.
Global third-party logistics (3PL) services provider MIQ Logistics said earlier this month that it has opened a new logistics center in Tannersville, Pa.
Posted on 01/11 at 10:25 AM
Tuesday, January 10, 2012
As has been the case in recent months, truckload pricing remains solid for carriers, according to the most recent edition of The Cass Truckload Linehaul Index from Cass Information Systems and Avondale Partners.
Following a six-week stretch in which the price per gallon for diesel gasoline headed down, priced headed up 4.5 cents this week to $3.828 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 01/10 at 10:37 AM
Diesel Prices •
Monday, January 09, 2012
Railroad and intermodal volumes continued to move in the right direction in 2011, according to data released by the Association of American Railroads (AAR).
The once tenuous situation regarding a potential railroad strike received more good news last week, when the National Railway Labor Conference said that three more railroad unions have ratified new contracts with the Class Is.
Posted on 01/09 at 11:09 AM
Rail Freight •
The latest saga in the grounding of the cargo vessel, Rena, has the government of New Zealand taking emergency actions.
Once the sale of the building, which will remain open until March 31, is complete, the report said YRCW will have roughly 4,000 employees based in Ohio.
Friday, January 06, 2012
The total container capacity of ships deployed on liner trades grew by 7.3 percent in 2011 to reach 15.90 million TEU according to Alphaliner, the Paris-based shipping consultancy.
Following two straight months of declining freight shipments and expenditures, the December 2011 edition of the Cass Freight Index inched closer to positive territory.