Friday, September 03, 2010
Penske Logistics, a subsidiary of global transportation services provider Penske Corporation, announced it has opened up a new 110,000 square-foot square foot factory distribution center in Manaus, Brazil.
Thursday, September 02, 2010
Class I railroad carrier Norfolk Southern (NS) said it has rolled out a five year goal to reduce its carbon footprint through fuel-savings technology and improvements in operating efficiencies, as well as lower its greenhouse gas emissions per revenue ton-mile 10 percent by 2014 compared with 2009 emissions.
At a time when it is up against daunting financial conditions, the United States Postal Service (USPS) said it has kicked off negotiations with the American Postal Workers Union, AFL-CIO (APWU).
Posted on 09/02 at 08:17 AM
Postal Service •
Wednesday, September 01, 2010
The Institute of Supply Management reported that manufacturing activity in August was up slightly compared to July.
Coming off of July, which saw its first decrease in five months in conjunction with other indices declining, the Cass Information Systems Freight Index switched back to growth mode in August.
Exports of U.S. goods and services increased 17.7 percent during the first six months of 2010, according to data released by the Bureau of Economic Analysis of the U.S. Commerce Department.
Posted on 09/01 at 07:26 AM
Third-party logistics (3PL) services provider Schneider Logistics, a subsidiary of Schneider International, said it will sell its United States- and China-based freight forwarding and customs house brokerage businesses to Norbert Denressangle, a Lyon, Paris-based provider of transportation, logistics, and freight forwarding services.
Tuesday, August 31, 2010
Even though reported sales of used commercial vehicles dropped 20 percent from June to July, unit sales were up year-over-year at 43 percent ahead of 2009, according to data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 37.6 percent in June 2010 compared to June 2009, increasing to $69.9 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
While it may be too early to call it a definitive trend, it is clear diesel prices of late have been taking a turn south, according to data released this week by the Department of Energy’s Energy Information Administration (EIA).