All News Entries
Monday, January 09, 2012
The once tenuous situation regarding a potential railroad strike received more good news last week, when the National Railway Labor Conference said that three more railroad unions have ratified new contracts with the Class Is.
Posted on 01/09 at 11:09 AM
Rail Freight •
The latest saga in the grounding of the cargo vessel, Rena, has the government of New Zealand taking emergency actions.
Once the sale of the building, which will remain open until March 31, is complete, the report said YRCW will have roughly 4,000 employees based in Ohio.
Friday, January 06, 2012
The total container capacity of ships deployed on liner trades grew by 7.3 percent in 2011 to reach 15.90 million TEU according to Alphaliner, the Paris-based shipping consultancy.
Following two straight months of declining freight shipments and expenditures, the December 2011 edition of the Cass Freight Index inched closer to positive territory.
A major breakthrough toward a more sustainable cargo network has been announced by the “niche” Port of Stockton, California.
Seattle-area based Pacific Alaska Freightways (PAF), a provider of freight transportation services to Alaska, including steamship, barge, rail, air, truckload, less-than-truckload, and intermodal, said that it has officially acquired Southern Alaska Forwarding, a freight consolidator serving Kodiak and Cordova, Alaska from Seattle.
Thursday, January 05, 2012
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 13.8 percent in October 2011 compared to October 2010, hitting $79.0 billion.
While November marked the two-year anniversary of consecutive growth in the non-manufacturing sector, December made sure the push for three straight growth years got moving in the right direction, according to the Institute for Supply Management (ISM).
While 2012 is expected to be a slow growth year overall for commercial real estate sector, a report from global commercial real estate company Grubb & Ellis Company cited how the logistics real estate market “has become the most resilient and dynamic segment of the overall U.S. industrial real estate market."