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Wednesday, December 14, 2011
The Department of Transportation’s Bureau of Transportation Statistics reported today that its Freight Transportation Services Index (TSI) dropped 0.2 percent from September to October.
The United States Postal Service said yesterday that it has agreed to delay the closing or consolidation of any Post Office or mail processing facility until May 15, 2012.
Posted on 12/14 at 11:10 AM
Shifts in inventory management by retailers appear to have made an impact on import cargo volumes at major United States-based container ports, according to the monthly Port Tracker report by the National Retail Federation and Hackett Associates.
Tuesday, December 13, 2011
Logistics Management regrets to report that Patrick Quinn, co-chairman and president of truckload and full-service freight transportation provider U.S. Xpress Enterprises Inc. has passed away from brain cancer. He was 65.
With the economy showing some slight signs of growth, the Ceridian-UCLA Pulse of Commerce Index (PCI) was up for the second straight month in November, with a 0.1 percent gain on the heels of October’s 1.1 percent rise.
Despite relatively slight gains, retail sales in November were up for the sixth straight month, according to data released today by the United States Department of Commerce.
The price per gallon for diesel fuel dropped for the third straight week, falling 3.7 cents to $3.894 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 12/13 at 10:04 AM
Diesel Prices •
A Bloomberg report indicates that many shippers are in favor of increased truck sizes and weights.
Monday, December 12, 2011
As expected, the “Occupy” movement’s plans to shut down West Coast ports proved to be largely symbolic, having a minimal impact on cargo operations at most major ocean cargo gateways
The American Trucking Associations said the turnover rate for this category hit 89 percent in the third quarter, following rates of 75 percent and 79 percent in the first and second quarter, respectively.