Monday, October 31, 2011
TransCore officials said the top paying lane was for short-hauls from Philadelphia to Boston, with average round trip rates at $2.09 per mile, which was up 1 percent from the previous week
As noted in Part I of this series, supplier transparency is key to any reverse cycle.
Late last week, the Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) said that its new Hours-of-Service (HOS) rule that was scheduled to be rolled out on Friday, October 28 has been pushed back.
Friday, October 28, 2011
The ongoing economic “volatility” is teaching manufacturers and retailers a great deal about squeezing the margins of inventory and creating a viable and sustainable alternative distribution network.
During the third quarter earnings season to date, it appears that less-than-truckload carriers are in a good groove, when it comes to pricing.
Carload volume—at 301,864—was down 0.5 percent year-over-year and behind the week ending October 15, which hit 303,363.
Thursday, October 27, 2011
Container handling at Bangkok’s seaport has so far not been affected by the storm that has hit the Thai capital, although the Port Authority of Thailand is taking preventive action against the possibility of flash floods
U.S. Chamber of Commerce President and CEO Thomas J. Donohue said the nation must spend more on infrastructure and mildly endorsed the need to increase the federal fuel tax, which stands at18.4 cents on gasoline, 23.4 cents on diesel and has been unchanged since 1993.
Earlier this week, less-than-truckload transportation services provider YRC Worldwide took steps to augment operations of its national operations of YRC, its largest subsidiary.
Wednesday, October 26, 2011
With the United States manufacturing base accounting for roughly 11 percent of Gross Domestic Product (GDP), domestic manufacturers are not only dealing with a declining base on the home front, they are also facing major disadvantages when it comes to doing business in the United States compared to global competitors.