Thursday, August 12, 2010
While talk of a possible “double-dip recession” gains momentum, results from the most recent Ceridian-UCLA Pulse of Commerce Index (PCI) are doing its part to quell that theory.
Shippers are praising President Obama for signing the U.S. Manufacturing Enhancement Act of 2010 (H.R. 4380
The South Carolina State Ports Authority and the South Carolina Coastal Conservation League concluded several months of mediation and reached a settlement
Wednesday, August 11, 2010
Following an April announcement signaling the launch of “America’s Marine Highway” program, an effort to shift freight to waterways from congested U.S. highways, the United States Department of Transportation announced the marine highway corridors and an initial eight projects and six initiatives along the corridors that will be available for federal assistance through this effort.
Citing a strong rebound in net margins for publicly traded truckload companies in the second quarter, ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said it expects continued improvement in demand for heavy-duty vehicles and trailers.
Posted on 08/11 at 12:05 PM
ACT Research •
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) rose 0.2 percent in June, following a 0.4 decline in May.
On August 1, a law mandating 100 percent screening of cargo transported on passenger aircraft took effect. While the mandate has not been in effect for that long, the early returns indicate things are off to a solid start, according to industry stakeholders.
Tuesday, August 10, 2010
Even though the price per gallon of diesel fuel has been below the $3 mark for the past 11 weeks, that could be changing soon based on recent data from the Department of Energy’s Energy Information Administration (EIA).
Posted on 08/10 at 11:35 AM
As in previous months in 2010, July rail carload totals were somewhat uneven, according to data published by the Association of American Railroads (AAR).
There is little overlap in the potential acquisition of two industry leaders.