All News Entries
Tuesday, October 18, 2011
Total September volume at the Port of Los Angeles of 705,623 TEU was down -0.84 percent compared to September 2010.
September volumes were 3.2 percent better than August and were up 45 percent compared to September 2010, marking the highest spot market freight availability since the aftermath of Hurricane Katrina in 2005
After five straight weeks of declines, the price per gallon for diesel gasoline spiked 8 cents to $3.801 per gallon, according to the Department of Energy’s Energy Information Administration.
Monday, October 17, 2011
In another important milestone of its Expansion Program, the Panama Canal Authority announced the completion of phase three of the dry excavation project in the construction of the Pacific Access Channel
Shipments and the number of global manufacturers shipping to the U.S. are both down 8 percent from August to September.
Opening a new facility there makes good business sense because it provides an opportunity to build and expand relationships with customers, and enables Con-way Multimodal to enter the growing southern market
If the tax-adverse Congress can figure out how to pay for it, the stalled highway bill in Washington will pass at adequate funding levels to meet some of the nation’s dire infrastructure needs. That’s the word from Transportation Secretary Ray H. LaHood,
Friday, October 14, 2011
Taking steps to expand its extensive logistics services menu for shippers, non asset-based third-party logistics (3PL) services provider Transplace said this week it has joined forces with Chicago-based intermodal marketing company (IMC) Celtic International to “form a leading North American logistics provider,” according to company officials.
Carload volume—at 302,500—was up 2.1 percent annually and was behind the week ending October 1, which hit 312,170 carloads, and is the highest weekly carload mark for 2011, according to AAR data.
In keeping with observations made by shipping analysts in London and Copenhagen, a major U.S. trade intelligence company said ocean carrier capacity continues to outstrip demand