Wednesday, January 07, 2015
With news coming this week that the Pacific Maritime Association (PMA) and the International Longshore & Warehouse Union (ILWU) will work with the U.S. Federal Mediation and Conciliation Service in hopes of helping the sides find a way to come to an agreement over stalled labor negotiations, what happens now remains to be seen.
Posted on 01/07 at 01:05 PM
Freight transportation consultancy FTR reported this week that it released preliminary data for December 2014 North American Class 8 truck net orders, at 43,620, eclipsed the 40,000 mark for the third month in a row.
Posted on 01/07 at 11:29 AM
Class 8 Trucks •
Data recently issued by Panjiva, an online search engine with detailed information on global suppliers and manufacturers, showed that United States-bound waterborne shipments for November were down sequentially and up annually.
Posted on 01/07 at 10:37 AM
Global Trade •
Tuesday, January 06, 2015
The Institute for Supply Management reported (ISM) today that even with a slight decline from November non-manufacturing activity in December finished 2014 on steady terrain in its Non-Manufacturing Report on Business.
Posted on 01/06 at 02:03 PM
The Department of Energy’s Energy Information Administration (EIA) reported this week that the average price per gallon of diesel gasoline dropped 7.6 cents to $3.137 per gallon, which puts diesel at its lowest level since it checked in at $3.116 per gallon the week of November 8, 2010.
Posted on 01/06 at 09:45 AM
Diesel Prices •
Federal mediators will begin working with the Pacific Maritime Association and the International Longshore and Warehouse Union to ratify a new contract.
U.S. Carloads were up 9.2 percent at 252,100, and intermodal at 181,238 containers and trailers saw a 5.4 percent annual gain.
Monday, January 05, 2015
The ISM reported that the PMI, the report’s key index to measure growth, dropped 3.2 percent to 55.5 (a PMI of 50 or greater represents growth). Even with this decline, the PMI remains in a decent spot over all. December’s PMI is 0.3 percent below the 12-month average of 55.8 and 3.6 percent below its highest reading, going back to the 59.1 recorded in March 2011.
Posted on 01/05 at 11:54 AM
On December 31, the Department of Transportation’s Surface Transportation Board (STB) said it issued a Notice of Proposed Rulemaking (NPRM) that proposes new regulations to require Class I railroads and the Chicago Transportation Coordination Office, through its Class I members, to report certain service performance metrics to the STB on a weekly basis.
Posted on 01/05 at 10:58 AM
Railroad Shipping •
Following a December 1 announcement stating that it reached an agreement to acquire Kansas City-based Freightquote.com for $365 million, global logistics services provider and freight forwarder C.H. Robinson Worldwide Inc. (CHRW) said today the acquisition has been made official.
Posted on 01/05 at 09:56 AM