All News Entries
Wednesday, January 20, 2016
Full-year 2015 shipments––at 10,844,363––were up 0.14 percent annually which Panjiva said was much lower than previous years, when U.S. imports showed strong annual growth at a time when the economy was still recovering from a shipment drop that was intact throughout 2008.
Posted on 01/20 at 11:25 AM
The latest chapter of Canadian Pacific’s unsolicited efforts to acquire Norfolk Southern was rolled out earlier this week, with CP writing a letter to the United States Department of Justice (DOJ) in which it asked DOJ to review recent actions by various U.S. railroads that publicly said they are collaborating to block “significant mergers in the railroad industry.”
Posted on 01/20 at 10:30 AM
Ports America, the largest stevedore and terminal operating company in the United States, is realigning its West Coast strategy by investing in Los Angeles, Long Beach, the Pacific Northwest and western Canada.
Posted on 01/20 at 09:48 AM
Diesel gasoline’s average price per gallon fell 6.5 cents this week to $2.112 per gallon. This marks the tenth straight week of declines for a cumulative 38 cents with the current average price at its lowest level since the week of March 23, 2009, when it was at $2.09. The previous lowest comparison week prior to this week’s decline was the week of May 4, 2009, when it was as $2.185.
Posted on 01/20 at 09:09 AM
Diesel Prices •
Tuesday, January 19, 2016
Truck tonnage levels showed modest gains in December to finish 2015, according to data issued today by the American Trucking Associations (ATA).
Posted on 01/19 at 01:07 PM
Late last week, Jacksonville, Fla.-based Class I railroad carrier CSX rolled out its proposed plans for an eastern North Carolina-based intermodal rail terminal entitled the Carolina Connector or CCX.
CSX said this state-of-the-art terminal will be hugely beneficial for North Carolina businesses and ports in serving the metro-Raleigh area, which it said is one of the largest and fastest-growing markets in the South.
Posted on 01/19 at 11:20 AM
Rail Freight •
Despite the myriad challenges stemming from the West Coast port labor dispute between the Pacific Maritime Association and the International Longshore & Warehouse Union earlier this year, full-year 2015 volumes for the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) were solid.
Monday, January 18, 2016
In November 2015, the most recent month for which data is available, the TCI saw a sizable 3.58 percent jump to 8.64, following 3.4 percent drop off from September to October while halting a sequence of declines in recent months, too.
Posted on 01/18 at 11:09 AM
Friday, January 15, 2016
With Its new web platform, xChange, The Boston Consulting Group aims to make It cheaper and easier for container carriers to reposition empty containers across the globe
Freight transportation shippers and providers are facing a year of uncertain economic growth in a presidential election year filled with “extraordinary” economic, political, and geopolitical uncertainty and risks. That’s the word from U.S. Chamber of Commerce President and CEO Thomas J. Donohue in his annual “State of American Business” address.
Posted on 01/15 at 06:00 AM