Friday, March 11, 2011
Carload volume at 300,953 was up 5.5 percent year-over-year and was ahead of the week ending February 26 at 296,252 and the week ending February 19 at 296,980. Carload volume was up 0.3 percent in the East and up 9.2 percent out West.
While it was not unexpected, data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, indicated that the number of United States-bound waterborne shipments dropped 15 percent from January to February.
Thursday, March 10, 2011
A prominent industry analyst maintains that several key infrastructural events will shape the global supply chain in the coming years
As the Airforwarders Association annual conference gets underway in San Diego today, the industry continues to focus on the Pacific Rim
Parcel shippers that turn to third-party consultants (3PCs) to help them navigate myriad facets of pricing and rate structures from industry bellwethers FedEx and UPS may eventually find themselves having to fend for themselves when talking dollars and cents with these companies if a Department of Justice (DOJ) investigation finds that FedEx and UPS are colluding to adopt a policy of declining to negotiate with 3PCs acting on behalf of shippers.
The liner services group of Crowley Maritime Corporation said this week it is rolling out a new Ro/Ro (Roll-on/Roll-off) liner cargo service between Santo Domingo, Dominican Republic; San Juan, Puerto Rico; and St. Thomas, USVI, effective March 17.
Posted on 03/10 at 09:40 AM
Just how strong is the current economic recovery? Judging by the Conveyor Equipment Manufacturers Association’s (CEMA) 78th Annual Meeting in Palm Springs California last week, pretty good.
Wednesday, March 09, 2011
The February edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) dipped 1.5 percent, following a 0.3 drop-off in January. This cumulative decline washed out a 1.8 percent gain in December, according to the report’s authors.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) increased 0.9 percent in January, following a 1.5 percent gain in December and a 0.3 percent decline in November.
While heavy capital expenditures are nothing new for the freight railroad industry, a report released today by the Association of American Railroads (AAR) stated that United States-based freight railroads are planning to spend $12 billion in capital expenditures in 2011, following a $10.7 billion investment in 2010.