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All Entries

Thursday, February 05, 2015

Looking at the planned $29 million in projected 2015 spending, the AAR said that equates to roughly $79 million a day, while bringing the total investment made by freight railroads going back to 1980 to $575 billion.
Posted on 02/05 at 01:54 PM
BlogsPermalink


While surface transportation received a fair amount of funding in the White House’s proposed Fiscal Year 2016 budget, which was released earlier this week, the early feedback from the American Association of Port Authorities (AAPA) is that more attention–primarily in the form of increased funding–is needed to meet the international trade needs of the U.S. economy.
Posted on 02/05 at 11:38 AM
NewsPortsAAPAWRRDAPermalink


Wednesday, February 04, 2015

Seeking to break the deadlock in stalled West Coast longshore negotiations, the Pacific Maritime Association has made an “all-in” contract offer that would significantly increase compensation to members of the International Longshore and Warehouse Union (ILWU).
Posted on 02/04 at 08:56 PM
NewsPortsLaborILWUPermalink


FTR’s preliminary data for January showed 35,060 units ordered, which was down from how 2014 ended, with three straight months of 40,000-plus units ordered.
Posted on 02/04 at 01:57 PM
NewsClass 8 Heavy-Duty VehiclesClass 8 TrucksFTRPermalink


The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 56.7 in January, which was 0.2 percent ahead of December and also 0.2 percent ahead of the 12-month average of 56.5. Economic activity in the non-manufacturing sector has grown for the last 60 months, according to ISM.
Posted on 02/04 at 11:53 AM
NewsISMNon-Manufacturing IndexPermalink


Global third-party logistics (3PL) services provider CEVA Logistics recently announced it opened up its fourth facility in Chicago, which is located in close proximity to O’Hare International Airport.
Posted on 02/04 at 10:35 AM
News3PLCEVAPermalink


In a few months, the company will release cloud capability to support order promising “from quote to cash.”
Posted on 02/04 at 09:49 AM
NewsOracleCloudPermalink


Tuesday, February 03, 2015

Judging by the follow-up questions we received, we’ve hit only the tip of the ice berg. John Larkin of Stifel Nicolaus answers attendees questions relating to the Truckload and Less-Than-Truckload sector.
Posted on 02/03 at 03:17 PM
BlogsTrucking RatesRatesRate ForecastPermalink


Transportation infrastructure received a fair amount of attention in the White House’s proposed Fiscal Year 2016 budget, which was released yesterday.
Posted on 02/03 at 02:28 PM
NewsPermalink


UPS today reported today that fourth quarter revenue increased 6.1 percent to $15.895 billion, and operating profit was off 60.5 percent annually at $754 million. Earnings per share were flat at $1.25 and were in line with earnings pre-guidance it recently issued that called for earnings per share to come in at $1.25.
Posted on 02/03 at 12:13 PM
NewsUPSUPS FreightPermalink



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