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Monday, June 21, 2010

Spot prices for transpacific shipping services have grown by more than 180 percent during the past 12 months to reach a five-year high.
Posted on 06/21 at 03:30 PM
NewsOcean FreightShippingPermalink


The resurgence in truck orders and production got more good news, with net orders for heavy-duty Class 8 commercial vehicles going up 84 percent in May year-over-year, according to data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Posted on 06/21 at 02:43 PM
NewsMotor FreightShippingPermalink


With various reports suggesting a vote on the Federal Aviation Administration reauthorization is imminent, a labor component of the bill is still at the center of a high degree of acrimony between parcel industry bellwethers FedEx and UPS.
Posted on 06/21 at 09:11 AM
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Shippers should be concerned about the Rules because of complications related to two recent Supreme Court cases currently awaiting a decision, said a prominent analyst.
Posted on 06/21 at 07:55 AM
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Friday, June 18, 2010

On the heels on consecutive 3 percent gains in the number of global manufacturers shipping to the United States in March and April, May saw that number climb to 9 percent, according to data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Posted on 06/18 at 12:21 PM
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Global on-demand, software-as-a-service logistics technology provider Descartes said it has acquired privately-held Belgian-based Routing International, a developer and distributor of optimized route planning solutions. Descartes paid for roughly $4.1 million for Routing International and incurred certain transaction expenses.
Posted on 06/18 at 07:10 AM
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DHL Global Forwarding announced this week that it has rolled out a new Less-than-Container-Load (LCL) Expedited services which will connect 19 European origins to the United States.
Posted on 06/18 at 06:36 AM
NewsAir FreightOcean FreightPermalink


Thursday, June 17, 2010

The Cabinet Council of the Republic of Panama approved a proposal to modify the Panama Canal pricing structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors.
Posted on 06/17 at 10:20 PM
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While volumes still lag 2008 levels, weekly carload and intermodal volumes continue to surpass 2009 levels, according to the Association of American Railroads (AAR).
Posted on 06/17 at 07:02 PM
NewsRail FreightShippingPermalink


LM Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Echo Global Logistics, a publicly-traded non-asset based freight brokerage company, about market trends and conditions.
Posted on 06/17 at 05:57 PM
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