All News Entries
Monday, October 11, 2010
Class I railroad carrier CSX, the state of New Jersey and the Port of New York and New Jersey recently heralded the opening of the Liberty Corridor Freightway, a major public-private partnership that provides expanded access to the Port of New York and New Jersey. The corridor, according to CSX will enable double-stack intermodal freight to move from the port to inland destinations, increase train capacity, improve service levels and expedite freight flows to and from inland ports.
As the year goes on, import cargo volumes at U.S.-based retail container ports are expected to decline on a sequential basis but remain up on an annual basis, according to the most recent Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
The outlook appears mixed, said Thomas K. Sanderson, Transplace president and CEO, in an exclusive interview.
Posted on 10/11 at 09:02 AM
Friday, October 08, 2010
Taking steps to keep pace with its global rivals, UPS is aiming to set up domestic service in China, according to a recent Financial Times report. According to the FT, UPS recently submitted an application for a domestic license to the China State Post Bureau, a local regulator, in order to offer shippers in China domestic next-day delivery service and second and third day delivery products.
Posted on 10/08 at 01:44 AM
While no 2010 weekly volume figures were broken, railroad volumes for the week ending October 2 remained consistent with previously solid weeks, according to data released by the Association of American Railroads (AAR).
Posted on 10/08 at 12:15 AM
Thursday, October 07, 2010
The DOT proposal to grant antitrust immunity to two air carrier alliances for services between the United States and Japan was greeted warmly by shippers yesterday
Posted on 10/07 at 11:12 AM
Preliminary data recently released this week by freight transportation forecasting firm and consultancy FTR Associates indicates that September Class 8 truck total net orders for North American OEM’s at 14,872 units are up 21.6 percent over August and 38.8 percent year-over-year.
Class I railroad carrier Canadian Pacific Limited and Teck Resources Limited said they have inked a 10-year deal in which CP will transport Teck’s steelmaking coal from five Teck-owned mines in southeast British Columbia to Vancouver-area ports. This arrangement is expected to begin on April 1, 2011.
Posted on 10/07 at 06:01 AM
Wednesday, October 06, 2010
The memorandum of understanding will establish a strategic partnership to promote international commerce and logistic activities
Posted on 10/06 at 02:33 PM
Supply Chain •
Recent projections from the National Retail Federation indicates that 2010 holiday retail sales will hit $447.1 billion for a 2.3 percent gain over 2009. NRF officials said that while this increase is slightly lower than its ten-year average holiday sales increase of 2.5 percent, it still represents a significant improvement from 2009’s 0.4 percent increase and 2008’s 3.9 percent decline.
Posted on 10/06 at 12:18 PM
Holiday Sales •