Friday, December 13, 2013
Carloads—at 279,213—were off 4.4 percent annually, and intermodal—at 262,765 trailers and containers—was up 9.4 percent.
Posted on 12/13 at 01:24 AM
Thursday, December 12, 2013
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) dropped 0.7 percent from September to October, snapping a three-month run of gains.
Commerce reported that November retail sales at $432.3 billion were up 0.7 percent compared to October and up 4.7 percent compared to November 2012. NRF reported that November retail sales, which exclude autos, gas stations, and restaurants, were up 0.6 percent on a seasonally-adjusted basis from October and were up 3.9 percent on an unadjusted basis annually.
Wednesday, December 11, 2013
XPO Logistics has entered into a definitive agreement to acquire NLM, the largest provider of Web-based expedited transportation in North America from Jacksonville, Fla.-based Landstar System.
New monthly report offers fresh insight into U.S. export and import container activity and trends
As has been the case in its respective monthly manufacturing and non-manufacturing reports on business, continued growth remains in the cards for 2014, according to the December 2013 Semiannual Economic Forecast released this week by the Institute for Supply Management.
Tuesday, December 10, 2013
Toronto-based less-than-truckload carrier and transportation services provider Vitran Corporation Inc. announced this week that it has entered into a definitive agreement to be acquired by Manitoulin Transport Inc., a Pembroke, Ontario-based provider of LTL transportation services.
Posted on 12/10 at 11:40 AM
Vitran Corporation •
The average price per gallon of diesel gasoline dropped 0.4 cents to $3.879 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).This snapped a two-week stretch in which prices headed up a cumulative 6.1 cents.
Posted on 12/10 at 11:08 AM
Boosted by some promising signs in the United States economy, the most recent edition of the Port Tracker report from the National Retail Federation and maritime consultancy Hackett Associates is calling for a positive end to 2013 in terms of annual import growth at U.S.-based retail container ports.
Posted on 12/10 at 10:02 AM
Port Tracker •
Ocean Cargo •
Monday, December 09, 2013
Ballots are going out Tuesday to about 26,000 Teamsters on continuation of a wage and pension concession package that will save the ailing carrier about $100 million annually. Results of the rank-and-file vote will be announced Jan. 8 and could go a long way in determining the future of 80-year-old YRC, which has lost in excess of $2.6 billion in the last decade.
Posted on 12/09 at 12:41 PM
YRC Worldwide •
YRC Freight •