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Thursday, January 20, 2011
In the latest example of how strong the freight railroad business is, Class I carrier Union Pacific announced today that fourth quarter and full-year earnings were up 44 percent at $1.56 per share and 48 percent at $5.53 per share, respectively, year-over-year.
On the heels of a promising projection for fourth quarter 2010 Class 8 vehicle net orders, ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said that December net orders of heavy-duty Class 8 commercial vehicles for North American markets at 27,044 units were up 128 percent year-over-year.
It’s hard to get Republicans and Democrats, shippers and carriers, administration officials and analysts, and practically everybody else in Washington to agree on much these days. Except this: the Federal Motor Carrier Safety Administration’s (FMCSA) trial balloon to reduce by one hour (from 11 to 10) the actual time a truck driver can be driving is a horrific idea, unbased in science or data, that would conservatively cost the U.S. economy $2 billion in lost productivity, and probably much more in inefficiency and additional infrastructure requirements.
Posted on 01/20 at 08:56 AM
As U.S. manufacturers begin to realign their supply chains with tactical and strategic initiatives, how will the recent recession inform their decisions? That question and others is addressed in the recently issued IDC Manufacturing Insights: Supply Chain Strategies: “Top 10 Predictions.”
What happens when you combine the #1 provider of voice recognition solutions with the #3 provider of automatic data capture solutions? That’s a question Intermec and Vocollect will begin to answer over the coming months and years.
Wednesday, January 19, 2011
Transportation Secretary Ray LaHood told shippers at the SMC3 annual winter meeting in Atlanta yesterday that cross-border trucking would be revived “as soon as possible.”
Posted on 01/19 at 09:20 AM
Tuesday, January 18, 2011
Coinciding with the Lunar New Year celebrated in Asia next month, several major ocean carriers will be withdrawing capacity on the Transpacific.
Friday, January 14, 2011
California’s exporters racked up another impressive performance in November, even while failing to keep pace with growth in the overall U.S. export trade
Thursday, January 13, 2011
The recession may be just a dark memory for the Port of Los Angeles, which is reporting a year-over-year container surge of 16 percent in 2010
An 8 percent annual increase is expected at major United States-based retail container ports in January, according to the most recent edition of the Port Tracker report by the National Retail Federation (NRF) and Hackett Associates. In November, the most recent month for which data is available, U.S. ports handled 1.23 million Twenty-foot Equivalent Units (TEU).