Monday, November 05, 2012
Officials at the Port of New York and New Jersey report that cargo operations are being restored in the wake of last week’s devastating storm.
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) recently said that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 2.6 percent in August 2012 compared to August 2011 at $82.5 billion.
Posted on 11/05 at 11:16 AM
The Department of Transportation’s Surface Transportation Board (STB) last week announced it is requesting the disclosure of additional information in regards to a new rule regarding interchange commitments underlying a lease or rail-line sale filed with the STB, also known as paper barriers.
RRTS continues to remain active on the acquisition front with today’s announcement that it has acquired all of the outstanding stock of Central Cal Transportation, a provider of intermodal transportation and related services from the Northern California region.
Posted on 11/05 at 09:26 AM
Friday, November 02, 2012
RedPrairie and JDA leaders and industry analysts offer up their respective takes on the $1.9 billion deal announced yesterday.
Posting sharply improved third quarter operating results in the 15th month under new CEO James L. Welch, YRC Worldwide reported Friday an operating profit of $27.3 million on top of a $15.5 million operating profit in the second quarter.
Posted on 11/02 at 10:02 AM
YRC Worldwide •
YRC Freight •
Carload volume—at 287,104—was down 7 percent annually, and intermodal volumes—at 253,186 trailers and containers—were up 3.9 percent.
Posted on 11/02 at 08:31 AM
Rail Freight •
Thursday, November 01, 2012
American Trucking Associations (ATA) President and CEO Bill Graves is named NITL Executive of the Year for his leadership in shaping the nation’s ground freight transportation system and his affable, endearing management style.
The foremost truckload analysts re-convene to update shippers on current supply & demand, the looming driver crisis, increasing diesel prices, the seemingly endless shifting of government regulations, and what all these issues mean for rates heading into 2013.
Analysts report that cloud-based adoption increased 40 percent this year in the supply chain software sector. Our technology correspondent shares the upsides/downsides of this deployment model—and how vendors are gearing up to meet growing shipper demand.