All News Entries
Tuesday, June 17, 2014
Following the lead of its chief competitor, FedEx, Atlanta-based transportation and logistics bellwether UPS today said that effective December 29, it will also adopt dimensional pricing in the United States. Company officials said that dimensional weight will be used to calculate the billable weight of a shipment on all UPS Ground services and UPS Standard to Canada packages.
The highly anticipated 2013 "State of Logistics" report, compiled by analyst Rosalyn Wilson and presented by Penske and the Council of Supply Chain Management Professionals (CSCMP), describes last year’s logistics environment as uneven. After a slow start to 2013, mid-year shipments were strong before a very deep dive at the end of the year with not much movement in freight rates across the modes.
At $3.882 per gallon, diesel dropped 1 cent from last week. Diesel prices have dipped in 12 of the last 14 weeks since hitting the 2014 year-to-date high of $4.021 reached during the week of March 10.
Posted on 06/17 at 08:14 AM
Diesel Prices •
Monday, June 16, 2014
“Powerful global and national trends that are out of your (and our) control are beginning to determine how much import and export cargo will flow through West Coast ports,” says AgTC.
DAT reported that May marks the 11th straight month to see an annual record high for spot market freight volume, with its DAT Freight Index in May seeing a 40 percent annual increase.
Posted on 06/16 at 12:51 PM
spot market •
Global third-party logistics (3PL) services provider Yusen Logistics recently announced it has expanded its U.S.-Mexico cross-border services in an effort to address what it described as a growing need for reliable logistics services to and from Mexico.
Friday, June 13, 2014
Carloads for the week ending June 7 were up 5.3 percent at 292,924, and intermodal trailers and containers were up 6.8 percent at 269,823.
Posted on 06/13 at 07:52 AM
Railroad Shipping •
Thursday, June 12, 2014
Earlier this week, Westampton, New Jersey-based New Century Transportation, a provider of trucking and warehousing services shuttered operations, filed for Chapter 7 bankruptcy liquidation.
Posted on 06/12 at 11:52 AM
Commerce reported that May retail sales at $437.6 billion were up 0.3 percent over April and up 4.3 percent compared to May 2013, and total retail sales from March through May are up 4.3 percent annually.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased 0.4 percent from March to April (the most recent month for which data is available).
Posted on 06/12 at 07:18 AM
Freight TSI •