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Friday, May 18, 2012

The Department of Homeland Security’s Transportation Security Administration (TSA) said this week that it has set a December 3, 2012 deadline, which requires passenger air carriers to conduct 100 percent cargo screening on international inbound flights.
Posted on 05/18 at 09:20 AM
NewsAir CargoAir FreightAir Forwarders AssociationTSAPermalink

Thursday, May 17, 2012

Class I railroad carrier Canadian Pacific Railway Ltd. said ahead of its annual shareholder meeting earlier today that Fred Green, president and CEO, has left the company. This move comes in the wake of a proxy vote by activist investor Bill Ackman, head of Pershing Square Capital Management, and the single largest CP shareholder with a 14.1 percent stake in the company.

April volumes at the Port of Long Beach (POLB) were down 13 percent annually, according to data released by the port this week.
Posted on 05/17 at 08:59 AM
NewsOcean FreightPort of Long BeachOcean CargoOcean ShippingPermalink

Wednesday, May 16, 2012

This marks the third consecutive year that supply chain concerns have increased, says BDO USA, a leading accounting and consulting organization
Posted on 05/16 at 06:55 PM
NewsSupply ChainSupply Chain ManagementTransportationPermalink

YRC Freight President Jeff Rogers said the decision to add drivers is due to the fact that “YRC Freight is growing and our volumes are building.”
Posted on 05/16 at 11:19 AM
NewsYRC WorldwideLTLYRC FreightPermalink

At a time when truckload capacity remains fairly tight and is expected to remain that way, freight brokerages appear to be reaping the benefits. That was a central theme in a recent report issued by TransCore,
Posted on 05/16 at 10:45 AM
NewsLTLTransCoreSpot MarketFreight BrokeragebrokeragesPermalink

Expectations for second quarter and into third quarter are not high as many providers expect little increase in freight at best
Posted on 05/16 at 08:05 AM
NewsGlobalGlobal TradeTradePermalink

Tuesday, May 15, 2012

April container volumes for the Port of Los Angeles (POLA) were markedly improved over March, with the port announcing that container volumes for the month represented the single best output for the month of April in POLA history.
Posted on 05/15 at 01:41 PM
NewsPort of Los AngelesPort TrackerTEUPermalink

Commerce reported that April retail sales at $408.0 billion were up 0.1 percent over March and 6.4 percent higher than April 2011.The NRF reported that April retail sales, which exclude autos, gas stations, and restaurants, were down 0.1 percent on a seasonally-adjusted basis from March and up 2.8 percent on an unadjusted basis annually.
Posted on 05/15 at 11:06 AM
NewsRetailNRFDepartment of CommerceRetail SalesPermalink

The price per gallon of diesel fuel dropped at its steepest level in nearly five months, according to data from the Department of Energy’s Energy Information Administration.
Posted on 05/15 at 09:20 AM
NewsDepartment of EnergyEIADiesel PricesDieselPermalink

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