All News Entries
Friday, June 26, 2015
U.S. carloads saw a 6.1 percent annual decline at 273,932, and intermodal was up 1.6 percent annually at 276,907 containers and trailers.
Thursday, June 25, 2015
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in April fell 6.8 percent annually to $93.3 billion, following a 5.3 percent decline to $96.1 billion in March.
Posted on 06/25 at 11:20 AM
At last week's eyefortransport 3PL Summit in Chicago, LM Group News Editor Jeff Berman caught up with Echo Global Logistics Chairman and CEO Doug Waggoner. The pair covered a wide range of subjects, including market conditions, capacity, and Echo's recent $420 million acquisition of Command Transportation.
Wednesday, June 24, 2015
Late last week, the United States Senate unanimously approved S. 808, the Surface Transportation Board Reauthorization Act of 2015.
Posted on 06/24 at 11:12 AM
Railroad Shipping •
At a time when a new, long-term surface transportation reauthorization is desperately needed, given, what is often described as the ongoing decline of the state of United States transportation infrastructure, a bipartisan foursome in the Senate introduced a wide-ranging bill, whose chief objective is to provide some long-term fixes to a system repeatedly referred to as broken.
Posted on 06/24 at 10:26 AM
Tuesday, June 23, 2015
Seasonally-adjusted (SA) for-hire truck tonnage in May headed up 1.8 percent at 132.1.
Posted on 06/23 at 11:59 AM
Truck Tonnage •
According to the 26th Annual State of Logistics Report (SoL), the logistics and transportation industry chalked up its best year since the Great Recession, with U.S. business logistics costs rising 3.1 percent to $1.45 trillion last year.
Posted on 06/23 at 10:24 AM
This week’s price–at $2.859 per gallon-was down 1.1 cents from last week’s $2.87 and was also down $1.060 annually.
Posted on 06/23 at 10:12 AM
Diesel Prices •
With overall market conditions for shippers being largely viewed as difficult, the most recent edition of the Shippers Conditions Index (SCI) from freight transportation consultancy FTR is calling for more of the same in the coming months, even with signs of improvement in April, the most recent month which the report covers.
Posted on 06/23 at 09:47 AM
FTR Associates •
Monday, June 22, 2015
New regulatory standards proposed by the United States Department of Transportation and the Environmental Protection Agency late last week have a keen focus on reducing the carbon footprint of medium and heavy vehicles.
Posted on 06/22 at 09:33 AM