All News Entries
Tuesday, August 28, 2012
The Department of Energy’s Energy Information Administration (EIA) reported this week that prices increased for the eighth straight week, rising 6.3 cents to $4.089. This is the highest price per gallon for diesel since hitting $4.127 the week of April 16.
Posted on 08/28 at 07:03 AM
Diesel Prices •
Monday, August 27, 2012
In a letter to ILA President Harold Daggett and USMX Chairman and CEO James Capo, NRF President and CEO Matthew Shay said that the NRF is urging both parties to immediately resume contract negotiations, with the September 30 deadline creeping up.
Posted on 08/27 at 02:20 PM
UPS said late last week it has reached an agreement with the New England Teamsters and Trucking Industry Pension Fund (NETTI) to restructure pension liabilities for more than 10,000 UPS employees.
Posted on 08/27 at 11:43 AM
The economic environment in Europe faces the same mounting challenges as it has in recent months, with no clear remedy in sight. That was a major theme of the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Remaining members comprise Hapag Lloyd, COSCO, K Line, Evergreen, Hanjin, Yangming HMM, OOCL and NYK.
Friday, August 24, 2012
According to MCAA executive director, Robert L. DeCaprio, there’s been considerable speculation on the vulnerability of transport giants FedEx and UPS in the “same day” niche.
Posted on 08/24 at 12:40 PM
An effort focused on national domestic freight initiatives was introduced this week by United States Department of Transportation (DOT) Secretary Ray LaHood.
Posted on 08/24 at 11:13 AM
Carload volume—at 293,916—was down 2.1 percent annually, and intermodal volumes—at 247,224 trailers and containers—were up 3.6 percent.
Thursday, August 23, 2012
Where there once appeared to be hope regarding avoiding a labor strike at East and Gulf cost ports, there are now, again, apprehensions over a potentially damaging labor-related squabble that could have a significant impact in shippers’ Peak Season operations planning.
Posted on 08/23 at 09:56 AM
Transportation and logistics merger & acquisition deal activity in the second quarter continued the solid momentum seen in the first quarter and also was in line with deal making activity from the same quarter last year, according to PricewaterhouseCoopers (PwC) quarterly report, entitled “Intersections: Second Quarter 2012 global transportation and logistics industry mergers and acquisitions analysis.”