All News Entries
Wednesday, March 18, 2015
Quarterly net income of $580 million was up 53 percent annually, and revenue, at $11.7 billion, was up 4 percent. Operating income at $962 million was up 50 percent.
Posted on 03/18 at 08:11 AM
FedEx Express •
Tuesday, March 17, 2015
The positive outlook for North American industrial real estate continues, according to Cushman & Wakefield’s newly released 2015-2017 Industrial Real Estate Forecast. And the connections and interdependence among the economies of the United States, Canada and Mexico reflect in how closely their markets are trending, with key sectors like e-commerce, manufacturing, technology and energy fueling progress across the board.
Posted on 03/17 at 10:14 AM
A five-week stretch of gains in diesel prices came to an end this week, with the Department of Energy’s Energy Information Administration (EIA) reporting this week that the average price of diesel dropped 2.7 cents to $2.917 per gallon.
Posted on 03/17 at 08:29 AM
Diesel Prices •
The once-beleaguered $35 billion less-than-truckload (LTL) sector, beset by stagnant growth and lackluster profits for much of the past decade, is enjoying a revival. Mostly because of the strong industrial and retail economy, as well as tightness in capacity due to the lack of any new entrants in the past 10 years, the LTL sector is poised for one of its best profit years since at least 2004, industry executives and analysts say.
Posted on 03/17 at 07:21 AM
Monday, March 16, 2015
DHL invested $2.5 million into the facility, due in large part to heavy demand and international shipment growth from the region’s booming oil and gas sector.
Posted on 03/16 at 11:02 AM
Trucking interests are asking the Federal Motor Carrier Safety Administration (FMCSA) to make important changes to its CSA (Compliance, Safety, Accountability) carrier rating system following criticisms from a key U.S senator and the Government Accountability Office.
Posted on 03/16 at 10:00 AM
Friday, March 13, 2015
One of the survey’s main findings was that respondents’ economic outlook heading into 2015 was optimistic but not as optimistic as they were heading into 2014, with 55 percent feeling good about things in 2015, which was down fro 2014’s 64 percent.
Posted on 03/13 at 11:29 AM
global trade •
TRAXENS, developer of innovative containers monitoring systems, will equip the first CMA CGM containers with its patented technology.
The most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR continued to reflect how current market conditions are translating into solid overall momentum for motor carriers.
Posted on 03/13 at 09:41 AM
U.S. Carloads were down 2.1 percent annually at 268,620, and intermodal volume was up 4 percent at 253,762 containers and trailers.
Posted on 03/13 at 08:48 AM