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Monday, November 03, 2014

Despite assurances that The International Longshore & Warehouse Union (ILWU) has been negotiating in good faith for a new contract, the ports of Seattle and Tacoma are reporting labor “slowdowns” in recent weeks.
Posted on 11/03 at 03:06 PM
NewsPortsSeaportsILWUPermalink


The PMI, the ISM’s index to measure growth, headed up 2.4 percent to 59.0 in October (a PMI of 50 or greater represents growth), which erased the 2.4 percent decline in September’s PMI. October’s PMI matched August’s 59.0, which was just off its highest reading since March 2011’s 59.1.
Posted on 11/03 at 02:10 PM
NewsManufacturingISMPermalink


Friday, October 31, 2014

Intermodal units, at 278,767 containers and trailers were up 6.7 percent compared to the same week last year and marks the third best week for intermodal ever recorded based on AAR’s data.
Posted on 10/31 at 11:15 AM
NewsIntermodalAARCarloadPermalink


LM Group News Editor Jeff Berman recently conducted a wide-ranging interview with Bobby Harris, President and CEO of non asset-based 3PL BlueGrace Logistics about various aspects of the freight transportation market.
Posted on 10/31 at 09:40 AM
NewsTruckloadLTLBlue Grace LogisticsPermalink


It’s small, but senior brass at YRC Worldwide will take it. After nearly seven years of continuing losses in excess of $2.6 billion, the parent of the nation’s second-largest LTL carrier posted a narrow net profit in the third quarter ended Sept. 30.
Posted on 10/31 at 08:46 AM
NewsLTLYRCPermalink


Thursday, October 30, 2014

As was the case for the second quarter, third quarter earnings results for publicly-traded less-than-truckload (LTL) carriers are again strong. Signs of solid earnings results from carriers that have posted earnings to date include tonnage increases, gains in weight per shipment and average daily shipments, higher yield, and revenue per hundredweight.
Posted on 10/30 at 11:03 AM
NewsLTLPermalink


Wednesday, October 29, 2014

Earlier this week, FedEx said it is expanding its International First service for early deliveries with the addition of 31 new origin countries, which will bring the total number of origin markets for the service to 97.
Posted on 10/29 at 10:31 AM
NewsFedExglobal logisticsFedEx ExpressPermalink


Monday, December 22 is pegged as UPS's peak delivery day, as the company expects to deliver more than 34 million packages that day, adding that it expects to see six days in December top last year’s peak shipment day delivery record of 31 million packages.
Posted on 10/29 at 09:43 AM
NewsUPSPermalink


Tuesday, October 28, 2014

The time has come again for less-than-truckload (LTL) general rate increases (GRI), with various carriers recently announced their respective rate hikes in recent days.
Posted on 10/28 at 11:38 AM
NewsLTLGRIPermalink


Key market metrics in the form of capacity and rates appear to be continuing to work against shippers, according to the most recent edition of the Shippers Condition Index (SCI) from freight transportation forecasting firm FTR.
Posted on 10/28 at 10:06 AM
NewsSCIFTRPermalink



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