Wednesday, February 08, 2012
Diesel prices are up 0.6 cents this week to $3.856 per gallon, according to the Department of Energy’s Energy Information Administration.
Posted on 02/08 at 01:12 PM
Diesel Prices •
Oil Prices •
The Department of Transportation’s Bureau of Transportation Statistics reported that its Freight Transportation Services Index (TSI) increased 3.9 percent from
November to December. This marks the largest monthly gain in the index in 17 years.
Tuesday, February 07, 2012
Managing international freight shipping operations presents a set of challenges that potentially expose shippers to risky and costly misfortunes.
Manufacturers can spend 50% or more of revenue on purchasing parts. So, it is not surprising that sourcing from low cost countries to improve competitiveness has been such an important business strategy in the past ten years.
US corporations import nearly $2 trillion worth of products from more than 150 countries, a number that is expected to triple by 2015, according to US Customs and Border Protection (CBP).
The drive to capture the business benefits of low cost country sourcing has far out-paced the processes and systems needed to efficiently manage the global supply chain. A recent survey by Aberdeen identified that higher than expected transportation expenses was the primary factor in landed cost budget variances.
The company said its Seattle-Tacoma Drayage Operation will directly serve all ports, rail heads, and container yards in the Pacific Northwest.
Posted on 02/07 at 04:18 AM
Monday, February 06, 2012
Whether you’re shipping auto brakes, consumer appliance parts, paper or simply packaging material, there are incredible intricacies to cross-border transit – from documentation standards and customs issues, to specific requirements for certain types of shipments. Getting it right is essential: timely delivery impacts production south of the border. To help, we’ve put together this strategy guide for making your intermodal shipments into Mexico smoother.
January carloads—at 1,144,800—were up 0.1 percent annually. Intermodal—at 877,637 trailers and containers—was up 1.7 percent compared to January 2011.
Freight transportation services provider Estes Express Lines recently announced it has opened a new 36-door terminal in the Dayton, Ohio area in an effort to support “a consistent upward trend in business levels in the region.”
Posted on 02/06 at 03:17 AM