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Friday, May 06, 2011

While the legislative draft, entitled the “Transportation Opportunities Act,” is reported to have been written by the White House, Administration officials have not definitely said it originated there, according to media reports.
Posted on 05/06 at 12:04 PM
NewsTransportationInfrastructureTransportation InfrastructureSAFETEA-LUPermalink


While the Cass data showed growth in February and March following three months of decreases, April was relatively flat on a sequential basis. April shipments at 1.113 were up 12.3 percent annually and 0.45 percent compared to March’s 1.108, with shipments above for the 1.0 mark for the 11th straight month going back to May 2010’s 1.014 breaking the 1.0 level for the first time since November 20008.
Posted on 05/06 at 10:34 AM
NewsTruckingTransportationCass Information SystemsCass Freight IndexPermalink


Earlier today, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported a $102 million net loss in the first quarter and a $2.14 loss per share. Despite the losses, company officials said this represented an improvement over the first quarter of 2011, which saw a net loss of $274 million and $13.15 per share.
Posted on 05/06 at 09:14 AM
NewsTruckingTransportationLTLYRC WorldwideEarningsPermalink


In keeping with its aggressive march in global forwarding, Crane Worldwide Logistics has reached another milestone, reports Kewill, a major software provider.
Posted on 05/06 at 07:17 AM
NewsGlobal TradeTechnologyWorld TradePermalink


Carload volume—at 295,347—was flat on an annual basis, and intermodal volumes for the week ending April 30 at 229,677 trailers and containers were up 7.8 percent year-over-year.
Posted on 05/06 at 07:16 AM
NewsRail FreightIntermodalAARRailroad ShippingPermalink


Thursday, May 05, 2011

First quarter earnings for Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, saw total revenue-at $129.4 million-increase by 45.3 percent compared to the first quarter of 2010.
Posted on 05/05 at 12:10 PM
NewsTruckingLTLEcho Global LogisticsPermalink


ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said this week that a preliminary reading of heavy-duty Class 8 commercial vehicles net orders for North American markets hit 32,800 units in April.
Posted on 05/05 at 09:35 AM
NewsTruckingSupply Chain ManagementTransportationACT ResearchPermalink


FedEx subsidiary FedEx Trade Networks, the company's global trade arm, said this week that it is continuing its global expansion efforts with the opening of five new offices in its Europe, Middle East, and Africa (EMEA) region.
Posted on 05/05 at 08:40 AM
NewsFreight ForwardingFedExLogisticsGlobal InsightsPermalink


As we noted in a recent news story, Americans are significantly more concerned about nearly all aspects of their supply chain security compared to six months ago. This includes the threat posed by WikiLeaks.
Posted on 05/05 at 08:01 AM
BlogsGlobal TradeSecurityWorld TradePermalink


The Dedham, Mass.-based firm said that the TMS market has "bounced back" after the global recession, growing faster than the rate of inflation in 2010, with significant growth forecasted through 2015.
Posted on 05/05 at 07:52 AM
NewsTMSLogistics SoftwareARC Advisory GroupLogistics TechnologyPermalink



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