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Monday, June 27, 2011

The report stated that Deutsche Bahn management is considering restructuring Schenker’s U.S. business but added a withdrawal is more possible. And it added that Schenker management was due to deliver a business update by mid July and Deutsche Bahn executives plan to take a decision on the future of its U.S. business by the end of the year, possibly as early as August.
Posted on 06/27 at 11:05 AM
News3PLAir FreightGlobal LogisticsTruckingDB Schenker LogisticsDeutsche BahnPermalink


While there is a current moderation in freight volumes, the consensus from a Transport Capital Partners (TCP) survey appears to be that this moderation will not be lasting, with 80 percent of survey respondents indicating volumes will increase within the next 12 months.
Posted on 06/27 at 09:08 AM
NewsTruckingTransportationTransport Capital PartnersCapacityPermalink


Friday, June 24, 2011

The ATA’s Trucking Activity Report said that there was an annualized rate of 75 percent for large truckload fleet driver turnover, representing a 69 percent increase from the fourth quarter of 2010 and a 39 percent annual increase compared to the first quarter of 2010. The first quarter turnover percentage is at its highest level since the second quarter of 2008.
Posted on 06/24 at 01:25 PM
NewsTruckingTransportationAmerican Trucking AssociationsDriver ShortagePermalink


Earlier this week, the Surface Transportation Board (STB) held a public hearing to explore the current state of competition in the railroad industry, as well as possible policy alternatives to facilitate more competition.

Intermodal volumes hit a 2011 high for the second straight week at 237,682 trailers and containers for a 4.3 percent annual gain, topping the week ending June 4 at 237,422 by 260 trailers and containers.
Posted on 06/24 at 09:06 AM
NewsRailroadRail FreightIntermodalAARRailroad ShippingPermalink


In an effort to combat high oil prices causes by geopolitical issues in the Middle East, the White House and the United States Department of Energy (DOE) said this week that the U.S. and partner nations in the International Energy Agency will release 60 million barrels of oil.
Posted on 06/24 at 08:23 AM
NewsTruckingDepartment of EnergyTransportationDiesel PricesOil PricesWhite HousePermalink


Thursday, June 23, 2011

In its fourth quarter earnings report, Fedex explained its 6 percent y-t-d improvement on strong yield improvement in all transportation segments, as well as volume growth of ground and international express shipments.
Posted on 06/23 at 09:22 AM
NewsFreightGlobal TradeLogisticsPermalink


Those less-than-truckload (LTL shippers) yearning for an optimistic sign from YRC Worldwide’s four-year bout with bankruptcy and cessation may get a ray of hope from the LTL giant’s resumption of partial payments to its Teamsters’ pension plans after a 23-month hiatus.
Posted on 06/23 at 12:29 AM
NewsTruckingTransportationLTLYRC WorldwideYRCPermalink


Wednesday, June 22, 2011

Truck driver shortages, a persistent dilemma for shippers seeking adequate capacity, are back.
Posted on 06/22 at 12:14 AM
NewsTruckingSupply Chain ManagementLogisticsTransportationDriver ShortagePermalink


Tuesday, June 21, 2011

Earlier this month, an investment group led by Bradley S. Jacobs, an entrepreneur and founder and owner of Jacobs Private Equity LLC, and Express-1 Expedited Solutions, a non-asset-based third party logistics (3PL) transportation services provider, said they have entered into an agreement in which Jacobs and a group of co-investors will invest up to $150 million in cash in Express-1.
Posted on 06/21 at 02:08 PM
NewsFreight ForwardingExpressFreight BrokerageExpeditedExpress-1Permalink



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