All News Entries
Friday, July 24, 2015
Carloads dropped 7.3 percent annually to 277,331, and intermodal rose 2.3 percent to 273,850.
Thursday, July 23, 2015
The ongoing friction between rail shippers and freight railroad carriers is front and center at the Department of Transportation’s Surface Transportation Board (STB) this week, with a hearing on railroad revenue adequacy.
Posted on 07/23 at 02:06 PM
The most recent edition of the Shippers Condition Index (SCI) from freight transportation consultancy FTR provided some good news for shippers, with some signs of improvement in overall market conditions.
Posted on 07/23 at 10:03 AM
Wednesday, July 22, 2015
Reports are indicating UPS is in talks with to acquire Chicago-based transportation management services provider Coyote Logistics for $1.8 billion.
Posted on 07/22 at 03:26 PM
Transportation and logistics bellwether FedEx said yesterday it has agreed to acquire 50 Boeing 767-300 freighters, according to various media reports.
Posted on 07/22 at 01:41 PM
FedEx Express •
Last week, more than 100 business groups, which included transportation and logistics providers and other supply chain concerns, penned a letter to U.S. Senate Commerce, Science, and Transportation Committee Chairman John Thune, heralding the approval of the Ports Performance Act by the Committee.
Non asset-based third-party logistics (3PL) services provider Transplace said this week it has officially rolled out Transplace Supply Chain Consulting, its new consulting practice, which it said will focus on improving end-to-end (e-2-e) supply chain performance through an experienced team with what it described as deep functional expertise in transportation and logistics.
Posted on 07/22 at 10:04 AM
Tuesday, July 21, 2015
June seasonally-adjusted (SA) for-hire truck tonnage tonnage was up 1.8 percent compared to a year ago, and not seasonally-adjusted tonnage was up 4.7 percent annually.
Posted on 07/21 at 12:49 PM
The ocean container carrier industry has been plagued by overcapacity of late, but a new technology partnership may begin to address it
The average price per gallon of diesel gasoline fell for the eighth consecutive week, according to data issued by the Department of Energy’s Energy Information Administration. Falling 3.2 cents to $2.782 per gallon, diesel prices have fallen a cumulative 12.7 cents over this period from the week of June 1 through July 20.
Posted on 07/21 at 10:08 AM
Diesel Prices •