Friday, May 11, 2012
Carload volume—at 276,136—was down 2 percent annually, and intermodal volumes—at 239,031 trailers and containers—were up 3 percent annually.
Thursday, May 10, 2012
The USPS said it incurred a new loss of $3.2 billion during the quarter, following a $3.3 billion fiscal first quarter loss and a $5.1 billion fiscal year 2012 loss.
Logistics Management recently spoke with Jacobs to discuss XPO’s first quarter results, his outlook on the market, and the future.
Posted on 05/10 at 10:57 AM
Logistics Management spoke with CEVA CEO John Pattullo and CFO Reuben McDougall about the company’s quarterly results and industry market trends in the global 3PL sector.
Posted on 05/10 at 09:25 AM
Global Logistics •
An overwhelming majority consider security issues very important when assessing presidential candidates
Wednesday, May 09, 2012
In its quarterly Intermodal Market Trends & Statistics report, IANA reported that first quarter intermodal loadings—at 3,476,500—were up 5.8 percent annually and represent the best first quarter output for loadings ever recorded by the Intermodal Association of North America.
Posted on 05/09 at 02:05 PM
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) dipped 0.8 percent from February to March.
Shippers need to brace for sharply higher trucking rates because of steadily rising truck fleet costs that range from rolling stock to drivers to fuel while productivity levels are under threats from increased government regulation, top carrier officials are saying.
Posted on 05/09 at 11:11 AM
The nation’s sharply divided political landscape is harming the country because of Congress’s inability to pass a long-term highway bill and its unwillingness to raise federal fuel taxes. That’s the word from Bill Graves, president and CEO of the American Trucking Associations.
In its 2012 Semiannual Economic Forecast, which is based on feedback from U.S.-based purchasing and supply chain executives, manufacturing and non-manufacturing sectors are expected to leverage the solid levels for various metrics each has been seeing over the last several months.