All News Entries
Thursday, April 03, 2014
The NMI, the ISM’s index to measure growth, rose 1.5 percent to 53.1 in March.
Posted on 04/03 at 11:16 AM
Not surprisingly, tight capacity was the major theme of the most recent edition of the Trucking Conditions Index (TCI) issued by freight transportation consultancy FTR this week.
Posted on 04/03 at 09:44 AM
FTR Associates •
Wednesday, April 02, 2014
FedEx Freight, the less-than-truckload (LTL) subsidiary of FedEx, opened up a new container freight station at its facility in Chicago Summit, Ill. This facility will consolidate and sort freight heading to Puerto Rico.
Posted on 04/02 at 10:56 AM
FedEx Freight •
On the heels of a strong beginning to the year for global trade activity in January, February did not follow suit, according to data released this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Tuesday, April 01, 2014
Keeping vigilance on costs a given, say analysts
The PMI, the index used by the ISM to measure manufacturing activity, headed up 0.5 percent to 53.7 in March.
Following declines of 1.5 cents and 1.8 cents, respectively, over the previous two weeks, EIA reported that the average price per gallon of diesel dropped 1.3 cents to $3.975 per gallon for a cumulative decline of 4.6 cents during this three-week stretch.
Posted on 04/01 at 09:09 AM
According to a new AlixPartners study, many of the major international players face more distress and even possible bankruptcy.
Following its January announcement that it entered into a definitive agreement to acquire Dublin, Ohio-based Pacer International, a freight transportation and logistics services provider and the third largest provider of intermodal services in North America, non asset-based 3PL XPO Logistics said today that the deal has been completed.
Posted on 04/01 at 08:35 AM
XPO Logistics •
Monday, March 31, 2014
A recent survey from Transport Capital Partners (TCP) explained the current state of various motor carrier market fundamentals in terms of volume and rates, to give shippers an up-to-date snapshot on things as the calendar turns to April.