Thursday, October 25, 2012
U.S.-bound waterborne shipments, which were up 9 percent from June to July and down 3 percent from July to August, dropped 4 percent from August to September.
Posted on 10/25 at 11:20 AM
Global Trade •
CSX and the Commonwealth of Pennsylvania this week heralded the midway point of progress on the first phase of projects for the National Gateway.
Wednesday, October 24, 2012
With a December 29 deadline looming in Master Contract labor negotiations between the International Longshoremen’s Association (ILA), the largest union of maritime workers in North America, and the United States Maritime Alliance (USMX), an alliance of container carriers, direct employers, and port associations serving United States-based East and Gulf Coasts, the United States Federal Mediation and Conciliation Service (FMCS) said that the concerns were at the negotiating table this week.
Posted on 10/24 at 01:29 PM
Trucking will see very solid growth next year as U.S. manufacturing improves but faces a tightening capacity situation because of tougher regulations that could hinder the industry’s ability to hire enough qualified drivers.
Posted on 10/24 at 10:43 AM
FTR Associates •
Earlier this week, BT, formerly known as British Telecom, introduced a cloud-based offering for its portfolio of supply chain solutions known as BT Trace, which is geared towards helping shippers navigate the myriad challenges related to managing complex supply chains.
Tuesday, October 23, 2012
The ATA reported that seasonally-adjusted (SA) truck tonnage in September—at 118.7 (2000=100) was up 0.4 percent after declining 0.9 percent in August on the heels of a flat July and June.
The average price per gallon for diesel gasoline decreased for the third time in the last five weeks, falling 3.4 cents to $4.116 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 10/23 at 09:46 AM
Diesel Prices •
Third quarter revenue for transportation and parcel giant UPS was basically flat, falling 0.7 percent to $13.07 billion, with operating profit down 54 percent at $766 million. Earnings per share at $1.06 were flat compared to last year’s $1.09 per share and were in line with Wall Street estimates of $1.06 per share.
Posted on 10/23 at 09:15 AM
Monday, October 22, 2012
The trucking industry faces a dual threat of a looming people shortage and a surfeit of regulations that affect profitability and will result in continued consolidation in the industry, according to Steve O’Kane, president of A. Duie Pyle.
Posted on 10/22 at 10:34 AM
A. Duie Pyle •
The nation faces a demographic crisis that is creating a drastic need to reform retiree and health care entitlements that is affecting the nation’s financial health, a top business lobbyist is predicting.