Friday, May 13, 2011
On the heels on a 2.7 percent gain in March, following a cumulative 2.8 percent decline in January and February, the April edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) was down 0.5 percent. The PCI has been down on a sequential basis in six of the last nine months, but it was up 3.5 percent compared to April 2010 and has been up annually for 17 consecutive months.
Carload volume was down 0.1 percent in the East and down 4.2 percent out West. Carloads on a year-to-date basis are at 5,233,086 for a 3.4 percent annual gain.
Thursday, May 12, 2011
Both major ocean cargo gateways in San Pedro Bay posted positive numbers for container throughput in April.
Wednesday, May 11, 2011
While the global consensus seems to support “green” supply chains, the cost/reward ratio remains a question
Tuesday, May 10, 2011
CEVA Logistics has announced the creation of a new organization, Supply Chain Solutions, and launched its latest SMART Solution, SMART End to End.
Monday, May 09, 2011
As has been the case in recent weeks, rail carload and intermodal volumes were somewhat mixed in April, according to data from the Association of American Railroads (AAR). April rail carloads—at 1,117277—were down 0.2 percent compared to April 2010 and up 2.5 percent compared to March 2011 on a seasonally-adjusted basis
Actual dollar amounts are short of desired legislative levels for transportation infrastructure. And with the Federal Government repeatedly showing little or no interest in increasing the gasoline tax, the current primary funding source, it stands to reason that funding will remain an obstacle for the foreseeable future.
Friday, May 06, 2011
While the legislative draft, entitled the “Transportation Opportunities Act,” is reported to have been written by the White House, Administration officials have not definitely said it originated there, according to media reports.
While the Cass data showed growth in February and March following three months of decreases, April was relatively flat on a sequential basis. April shipments at 1.113 were up 12.3 percent annually and 0.45 percent compared to March’s 1.108, with shipments above for the 1.0 mark for the 11th straight month going back to May 2010’s 1.014 breaking the 1.0 level for the first time since November 20008.
Earlier today, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported a $102 million net loss in the first quarter and a $2.14 loss per share. Despite the losses, company officials said this represented an improvement over the first quarter of 2011, which saw a net loss of $274 million and $13.15 per share.