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Wednesday, March 14, 2012

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) fell 3.6 percent from December to January.

The SCI dropped 0.2 points in January, the most recent month for which data is available, to -4.8, said FTR. The firm describes the SCI as an indicator that sums up all market influences that affect shippers
Posted on 03/14 at 10:38 AM
NewsFreightFTR AssociatesGDPPermalink


Class I railroad carrier CN said this week it has introduced new import/export container train services between the Port of Prince Rupert, British Columbia and Calgary and Edmonton, effective June 2012.

Tuesday, March 13, 2012

The February PCI was up 0.7 percent, but the report’s authors said that was not enough to offset the 1.7 percent decline in January.
Posted on 03/13 at 12:58 PM
NewsTruckingFuelCeridianCeridian-UCLA Pulse of Commerce IndexPCIPermalink


Commerce reported that February retail sales at $407.8 billion were up 1.1 percent from January and up 6.5 percent compared to February 2011. The NRF reported that February retail sales, which exclude autos, gas stations, and restaurants, were up 0.5 percent on a seasonally-adjusted basis from January and up 8.6 percent on an unadjusted basis annually.
Posted on 03/13 at 10:44 AM
NewsRetailNRFDepartment of CommerceRetail SalesPermalink


Following a projected 6.8 percent annual decline in import cargo volume for February, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates is calling for a 10 percent annual gain for March.
Posted on 03/13 at 09:22 AM
NewsGlobal LogisticsOcean FreightPort TrackerNRFTEUOcean CarriersPermalink


The price per gallon increased 2.9 cents to $4.123 per gallon, marking the highest price for diesel since the week of May 2, 2011, when it reached $4.124 per gallon.
Posted on 03/13 at 08:31 AM
NewsTruckingDiesel PricesDieselPermalink


Monday, March 12, 2012

Container freight rates in the westbound Asia-Europe corridor increased by 114 percent this week
Posted on 03/12 at 03:55 PM
NewsOcean FreightGlobal TradeOcean CargoPermalink


When the price per gallon of diesel was closer to $5 per gallon and oil barrel prices were nearly touching $150 during the summer of 2008, much was made about the possibility of North American shippers moving manufacturing operations closer to home, also known as nearshoring.
Posted on 03/12 at 01:08 PM
NewsGlobal LogisticsLogisticsNear-sourcingPermalink


Friday, March 09, 2012

With a close eye on regaining North American market share, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said yesterday it has sold its interest in Shanghai Jiayu Logistics Co. Ltd. to its 35 percent joint venture partner.
Posted on 03/09 at 11:57 AM
NewsLTLYRC WorldwideYRCYRC FreightPermalink



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