Tuesday, January 12, 2016
Both truckload and intermodal pricing finished 2015 with lesser gains, according to the most recent edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners, which was released last week.
Falling 3.4 cents to $2.177 per gallon, the average price has declined for nine consecutive weeks for a cumulative 31.5-cent decline over that span, with the current average price at its lowest level since the week of March 23, 2009, when it was at $2.09.
Posted on 01/12 at 09:25 AM
Monday, January 11, 2016
The Department of Transportation’s Bureau of Transportation Statistics (BTS) recently reported that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in October dropped 10.7 percent annually to $96.6 billion.
Posted on 01/11 at 10:37 AM
Gift to fund fellowships for graduate supply chain students and endow a chair for Dr. Chris Caplice
Posted on 01/11 at 09:45 AM
E-commerce retail sales are expected to continue to grow at double-digit growth rates during 2016-2022, say economists for IHS Global Insight.
Posted on 01/11 at 09:36 AM
Friday, January 08, 2016
The most recent edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates expects retail import volumes to tail off during the first quarter of 2016, with the holiday shipping season complete.
Earlier today, FedEx and TNT NV announced that the proposed $4.8 billion acquisition of TNT by FedEx received the news they were hoping to hear from the European Commission (EC), with the companies saying they obtained the unconditional approval of the EC and the EC concluding this deal does not raise any competition concerns.
Posted on 01/08 at 11:50 AM
TNT NV •
Thursday, January 07, 2016
2015 U.S. rail carloads were down 6.1 percent annually at 14,266,204, and U.S. intermodal container and trailer volume was up 1.6 percent at 13,710,646 units.
LM Group News Editor recently spoke with Doug Waggoner, CEO of Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services about how 2015 ended up in the freight transportation and logistics sectors and various related topics.
Posted on 01/07 at 09:37 AM
Wednesday, January 06, 2016
JDA customers will gain access to INTTRA's full offering of ocean shipping software, data and services, affording them all the advantages of digitization on the proprietary platform.