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Tuesday, June 26, 2012

The EIA said that weekly prices fell 5.1 cents to $3.678 per gallon. This follows last week 5.2 cent decline. The current price per gallon stands as the lowest weekly diesel price since the week of February 21, 2011 which was $3.573 per gallon.
Posted on 06/26 at 10:19 AM
NewsDiesel PricesDieselPermalink


Late last week, a U.S. District judge in the District of Columbia granted class action certification to shipper plaintiffs in a lawsuit which maintains that four United States-based Class I railroads—Burlington Northern Santa Fe, Union Pacific, Norfolk Southern Corp., and CSX—worked together , or colluded, on fuel surcharges assessed to shippers.
Posted on 06/26 at 09:32 AM
NewsRail FreightRailroad ShippingRatesPermalink


Monday, June 25, 2012

United States Transportation Secretary Ray LaHood announced the latest round of funding for the Department of Transportation’s (DOT) TIGER (Transportation Investment Generating Economic Recovery (TIGER) 2012 program. LaHood said that 47 transportation projects in 34 states and the District of Columbia will receive about $500 million in TIGER grant funding.
Posted on 06/25 at 01:32 PM
NewsDOTTransportation InfrastructureTIGERPermalink


Last week, LM Group News Editor Jeff Berman conducted an on-stage interview with Jack Holmes, president of UPS Freight, the less-than-truckload (LTL) subsidiary of UPS at the 10th annual eyefortransport 3PL Summit, which was held in Chicago. Holmes provided an in-depth look at the LTL sector and how LTL’s and shippers should—and could—work well together, among other topics.
Posted on 06/25 at 12:33 PM
NewsIntermodalUPSLTLPermalink


Saturday, June 23, 2012

The McKinsey Global Institute analysts noted that over the past three decades – as developing economies industrialized and began to compete in world markets – a global labor market started taking shape
Posted on 06/23 at 04:44 PM
NewsGlobalSupply ChainLogisticsPermalink


Southern regions remain relatively strong in manufacturing, with eight metropolitan areas on that list.
Posted on 06/23 at 04:39 PM
NewsTechnologyTransportationManufacturingPermalink


All the major players are telling shippers the General Rate Increases (GRI’s) will not be jeopardized by competition offering deep discounts this year
Posted on 06/23 at 04:34 PM
NewsOcean FreightOcean CargoTradePermalink


Friday, June 22, 2012

Rodolfo R. Sabonge, Vice President of Market Research and Analysis with the Panama Canal Authority told Bay Area shippers that a wider Panama Canal will pose no threat to the Port of Oakland
Posted on 06/22 at 10:31 AM
NewsOcean FreightOcean CargoTradePermalink


Thanks in part to heavy last-minute lobbying by the U.S. Chamber of Commerce, as well as other groups including freight transportation shippers, House and Senate conference committee members were furiously at work to produce a multi-year bill before the current funding mechanism expired on June 30.
Posted on 06/22 at 10:15 AM
NewsInfrastructureSAFETEA-LUHighway Trust FundHighwayPermalink


Con-way Freight, the less-than-truckload subsidiary of Con-way Inc., is the most recent LTL carrier to roll out a mid-year general rate increase (GRI).
Posted on 06/22 at 10:04 AM
NewsFedExLTLABF FreightLess-Than-TruckloadPermalink



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