All News Entries
Thursday, September 27, 2012
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 4.6 percent in July 2012 compared to July 2011 at $75.7 billion.
Posted on 09/27 at 10:54 AM
FedEx Freight the less-than-truckload subsidiary of transportation and logistics bellwether FedEx said this week that it has upgraded its FedEx Freight Priority services by making improvements to its transit standards.
Posted on 09/27 at 08:53 AM
Wednesday, September 26, 2012
Earlier this week, the Supervisory Board of TNT Express, a Netherlands-based provider of mail and courier services and the fourth largest global parcel operator, announced that Marie-Christine Lombard, TNT Express CEO, resigned “to pursue an external career opportunity.”
Posted on 09/26 at 10:08 AM
TNT Express •
Transpacific shippers will be facing a new wave of price hikes next year, as carriers collectively agree on a future rate structure
European recession and fiscal cliffs are keeping modest growth from being much more robust.
Tuesday, September 25, 2012
The push and pull nature of freight transportation volumes in today’s economy remains largely intact based on the results of today’s August trucking volumes released by the American Trucking Associations (ATA).
Global logistics services provider and freight forwarder C.H. Robinson Worldwide Inc. said earlier today it has reached an agreement to acquire Chicago-based freight forwarder Phoenix International Inc. for $571.5 million in cash and about $63.5 million in CHRW stock.
Ongoing difficult economic conditions in Europe continue to paint a difficult picture of a continent slipping into recession, according to the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Posted on 09/25 at 09:48 AM
The price per gallon of diesel fell 4.9 cents to $4.086 per gallon, marking the single largest weekly decline since falling 5.1 cents to $3.678 per gallon the week of June 25.
Monday, September 24, 2012
Business conditions for shippers appear to be on the precipice of a downward slope, according to the monthly Shippers Conditions Index from freight transportation consultancy FTR Associates.