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Friday, September 09, 2011
Trucking rates are rising and will continue to outstrip the pace of inflation as carrier capacity has tightened, experts and industry officials are predicting.
As anticipated, investment in transportation infrastructure was prominently mentioned in a speech President Obama made to Congress last night, which focused on job creation and the economy.
Thursday, September 08, 2011
Economists are revising earlier forecasts in light of recent fluctuations in supply chain metrics and production cycles
Posted on 09/08 at 07:03 PM
Global Logistics •
August carloads—at 1,482,570—were down 0.3 percent annually. Intermodal—at 1,179,838 trailers and containers—was up 0.4 percent compared to August 2010.
In what could be viewed as a prelude to President Obama’s speech tonight on jobs and the economy, the Senate Environment and Public Works Committee (EPW) said it unanimously approved the Surface Transportation Extension Act of 2012.
Entitled the Kerry (Hung Yen) Logistics Center, company officials said this facility, which is located between Hanoi and the port city of Haiphong and provide direct ocean access to international markets, will begin operations in November.
According to its preliminary reading of the North American medium and heavy-duty vehicle markets, North American Class 8 orders are projected to hit 20,800 units.
In a letter to the Office of Management and Budget, the American Trucking Associations pleaded its case for keeping HOS regulations the way they are.
Wednesday, September 07, 2011
Diesel prices were up for the second straight week following a month of declining prices, increasing 4.8 cents to $3.868 per gallon, according to the Department of Energy’s Energy Information Administration.
As the Massachusetts Port Authority was bracing itself for Hurricane Irene late last month, its executive director shared some of the plans in place for growth in 2012 and beyond.