Monday, December 19, 2011
The $26.5 billion less-than-truckload (LTL) is a tiny share of the nation’s $700 billion total freight transportation pie, but it increasingly is seen as a vital component in shippers’ supply chains.
Posted on 12/19 at 11:43 AM
Friday, December 16, 2011
Once again the driving force behind monthly POLA numbers was exports at 197,878 TEU, which is the single highest monthly total for exports, topping October’s 193,548 TEU. November POLA exports were up 15.01 percent annually.
Less-than-truckload transportation services provider YRC Worldwide Inc. said yesterday it has “sold a significant portion of its assets” of its truckload subsidiary, Glen Moore, to Celadon Trucking Services Inc., a subsidiary of truckload carrier Celadon Inc.
Posted on 12/16 at 12:29 PM
YRC Worldwide •
Carload volume—at 297,400—was up 3.7 percent annually.
Thursday, December 15, 2011
Transportation projects in 33 states and Puerto Rico will receive a total of $511 million from the third round of the U.S. Department of Transportation’s popular TIGER grants program
In an ongoing effort to improve fuel efficiency while extending its profitability in the airline industry, Southwest has placed a firm order for 150 Boeing 737 MAX airplanes, with the first delivery scheduled in 2017
Posted on 12/15 at 04:48 PM
Air Cargo •
Air Freight •
Following an early October prediction of 2011 holiday sales rising 2.8 percent to $465.6 billion, the NRF is now calling for 2011 to be up 3.8 percent to $469.1 billion. Holiday sales—as defined by the NRF—are sales in the months of November and December.
This industry-wide event, called “Stand Up For Trucking,” will bring together scores of transportation executives and key stakeholders in trucking to let their voices be heard so that their Congressional and Senate representatives understand that trucking is a vital national asset that contributes to the well-being of this country.
During its fiscal second quarter earnings announcement today, FedEx announced it has inked a deal with The Boeing Company to modernize its FedEx Express aircraft fleet.
Posted on 12/15 at 12:15 PM
Air Cargo •
Air Freight •
Driven by a continued focus on yield management, FedEx reported today that fiscal 2012 second quarter net income at $497 million was up 76 percent annually. The company’s quarterly revenue of $10.59 billion was up 10 percent from last year’s $9.63 billion.
Posted on 12/15 at 10:51 AM