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Wednesday, March 18, 2015

Not surprisingly, February volumes at the Port of Los Angeles (POLA) and Port of Long Beach (POLB) were down on an annual basis in February, as the months-long labor dispute between the Pacific Maritime Association and the International Longshore & Warehouse Union, which impacted freight flows and port operations in the form of terminal congestion and related supply chain challenges, came to an end.
Posted on 03/18 at 11:53 AM
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Quarterly net income of $580 million was up 53 percent annually, and revenue, at $11.7 billion, was up 4 percent. Operating income at $962 million was up 50 percent.
Posted on 03/18 at 08:11 AM
NewsFedExFedEx ExpressPermalink


Tuesday, March 17, 2015

The positive outlook for North American industrial real estate continues, according to Cushman & Wakefield’s newly released 2015-2017 Industrial Real Estate Forecast. And the connections and interdependence among the economies of the United States, Canada and Mexico reflect in how closely their markets are trending, with key sectors like e-commerce, manufacturing, technology and energy fueling progress across the board.
Posted on 03/17 at 10:14 AM
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A five-week stretch of gains in diesel prices came to an end this week, with the Department of Energy’s Energy Information Administration (EIA) reporting this week that the average price of diesel dropped 2.7 cents to $2.917 per gallon.
Posted on 03/17 at 08:29 AM
NewsEIADiesel PricesPermalink


The once-beleaguered $35 billion less-than-truckload (LTL) sector, beset by stagnant growth and lackluster profits for much of the past decade, is enjoying a revival. Mostly because of the strong industrial and retail economy, as well as tightness in capacity due to the lack of any new entrants in the past 10 years, the LTL sector is poised for one of its best profit years since at least 2004, industry executives and analysts say.
Posted on 03/17 at 07:21 AM
NewsLess-Than-TruckloadPermalink


Monday, March 16, 2015

DHL invested $2.5 million into the facility, due in large part to heavy demand and international shipment growth from the region’s booming oil and gas sector.
Posted on 03/16 at 11:02 AM
NewsDHLPermalink


Trucking interests are asking the Federal Motor Carrier Safety Administration (FMCSA) to make important changes to its CSA (Compliance, Safety, Accountability) carrier rating system following criticisms from a key U.S senator and the Government Accountability Office.
Posted on 03/16 at 10:00 AM
NewsHOSCSAPermalink


Friday, March 13, 2015

One of the survey’s main findings was that respondents’ economic outlook heading into 2015 was optimistic but not as optimistic as they were heading into 2014, with 55 percent feeling good about things in 2015, which was down fro 2014’s 64 percent.
Posted on 03/13 at 11:29 AM
NewsPanjivaglobal tradePermalink


TRAXENS, developer of innovative containers monitoring systems, will equip the first CMA CGM containers with its patented technology.
Posted on 03/13 at 09:44 AM
NewsContainerOcean CargoOcean ShippingPermalink


The most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR continued to reflect how current market conditions are translating into solid overall momentum for motor carriers.
Posted on 03/13 at 09:41 AM
NewsTruckingFTRPermalink



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