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Monday, July 11, 2011

At a time when the freight railroad industry is seeing more than its fair share of regulatory action, rail shippers received some good news last week, when the Surface Transportation Board said it is reducing the fee shippers pay to file a railroad rate or unreasonable practice complaint from $20,000 to $350—while maintaining its $150 filing fee for an expedited small rate case.
Posted on 07/11 at 02:07 PM
NewsRail FreightIntermodalRailroad ShippingSurface Transportation BoardPermalink


YRC Worldwide has obtained commitments for a three-year, $400 million asset-based loan (ABL) facility that will replace its current asset-backed securitization (ABS) facility.
Posted on 07/11 at 10:06 AM
NewsLTLYRC WorldwideLess-Than-TruckloadPermalink


The National Industrial Transportation League (NITL) filed a petition with the United States Surface Transportation Board (STB), requesting that the STB adopt new rules regarding reciprocal switching between Class I railroad carriers.
Posted on 07/11 at 09:36 AM
NewsRail FreightIntermodalRailroad ShippingRegulationsPermalink


The industry posted a 10% increase over 2009 and about $4.6 billion in revenue for SCM applications, not counting procurement.

Friday, July 08, 2011

We recently got word of the passing of Donald J. Bowersox. To say that Don was one of the founders of the modern supply chain movement is no exaggeration. His record of accomplishments speaks for itself.
Posted on 07/08 at 09:46 AM
NewsSupply Chain ManagementSupply Chain EducationLogisticsPermalink


Global express delivery and logistics services provider DHL continues to make inroads with its LCL (less-than-container-load) service, announcing two new recent additions.
Posted on 07/08 at 09:35 AM
NewsGlobal LogisticsOcean FreightDHLOcean ShippingLCLPermalink


Carload volume—285,943—was up 0.3 percent year-over-year and ahead of the week ending June 25 at 284,562 and behind the week ending June 17 at 294,310.
Posted on 07/08 at 07:41 AM
NewsRail FreightIntermodalAARRailroad ShippingAssociation of American RailroadsPermalink


Thursday, July 07, 2011

Analysts add that even the realization of a decent peak season demand surge this summer will not provide enough momentum to lift severely eroded freight rates in the key east-west trades
Posted on 07/07 at 05:27 PM
NewsGlobal LogisticsOcean FreightOcean CargoPermalink


With the current state of transportation infrastructure at the national level still largely in flux, the Republican leadership of the House Transportation and Infrastructure Committee earlier today held a press conference to roll out its comprehensive, multi-year transportation reauthorization proposal.
Posted on 07/07 at 12:27 PM
NewsTransportationDOTTransportation InfrastructurePermalink


The June report showed that shipments at 1.165 were 4.9 percent better than May, and shipments were above the 1.0 mark for the 13th straight month going back to May 2010, when it topped 1.0 for the first time since November 2008. On an annual basis, June shipments were up 5.3 percent, which is below the 9.6 percent and 12.3 percent year-over-year gains from May and April, respectively.
Posted on 07/07 at 08:12 AM
NewsTruckingTransportationCass Information SystemsCass Freight IndexPermalink



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