Monday, October 04, 2010
Ocean vessel operators threatened by the recent Federal Maritime Commission’s mandate to investigate pricing practices of cartels are responding by bringing shippers into the fold
Recently-introduced legislation by Representative Laura Richardson (D-Calif.) addresses efficient ways for goods to move in and out of the United States. Entitled The Freight is the Future of Commerce Act in the United States Act of 2010 (Freight FOCUS Act, H.R. 6291), the bill offers up myriad ways to address options for more efficient goods movement at a time when meaningful progress towards U.S. surface transportation authorization is seemingly stalled.
In a recent interview with LM, three senior executives shared their views on the current state of the cold chain industry.
OK—I guess it is not a surprise at this point, but it looks like any type of economic recovery occurring (it is, right?) is being driven by manufacturing rather than the more typical leader, consumer spending.
Even though the economy remains stuck in neutral, it appears that the trucking market may be gaining some sustained momentum, based on the September edition of the Cass Information Systems Freight Index.
Friday, October 01, 2010
The Institute of Supply Management reported that manufacturing activity in September was down compared to August.
Soon after less-than-truckload (LTL) transportation service providers YRC Worldwide and ABF Freight System announced matching 5.9 percent general rate increases, FedEx Freight said this week it is upping its GRI a bit higher at 6.9 percent, effective November 1.
Posted on 10/01 at 09:58 AM
As noted in today’s news, the U.S. Department of Justice may not be through with naming forwarders guilty of price-fixing.
Posted on 10/01 at 08:20 AM
While news that half a dozen major international freight forwarders have plead guilty to price-fixing, there may be more collateral damage to come.
Posted on 10/01 at 08:06 AM
Air Cargo •
Another week, another 2010 record for intermodal volumes. That seems to be the case these days, according to data released this week by the Association of American Railroads (AAR).
Posted on 10/01 at 06:55 AM