All News Entries
Thursday, May 14, 2015
A year ago at this time, truckload capacity was viewed by most people as the tightest it has ever been, or something close to that anyhow. There was an incredibly difficult winter to contend with, which was the case again again this year, and the driver shortage was rearing its ugly head, too, much like it still is now.
Posted on 05/14 at 10:29 AM
UPS and FedEx have changed they way they charge our customers to ship their orders. That's creating an opportunity for our industry to play a role in reducing packaging and shipping costs.
Posted on 05/14 at 08:22 AM
Dimensional Pricing •
Wednesday, May 13, 2015
While maritime industry analysts are questioning the sustainability of global mega-vessel operations, it is now clear that Pacific Rim ports will be asked to accommodate them in the near future.
SEKO said New York-based private equity firm Greenbriar Equity Group LLC, which has more than $2 billion of committed capital in companies in the global transportation industry, including logistics, distribution, and, freight, among others, will serve as its private equity growth partner.
Earlier this week, UPS opened up a healthcare-dedicated air freight forwarding facility at Amsterdam Schipol, Netherlands, which it said serves as an expansion of its European-based temperature-controlled supply chain capabilities.
Posted on 05/13 at 10:32 AM
Very modest gains in retail sales remained the norm, according to data for the month of April issued today by the United States Department of Commerce and the National Retail Federation.
Annual declines and sequential gains for freight shipments and expenditures for the month of April were the main themes of the most recent edition of the Cass Freight Index Report from Cass Information Systems released this week.
Tuesday, May 12, 2015
East Coast ports are growing at a faster rate than their West Coast counterparts, according to the inaugural edition of CBRE Groups’s Inc. “North America Ports Logistics Annual Report.”
Posted on 05/12 at 01:23 PM
Data issued this week by the Department of Energy’s Energy Information Administration (EIA) showed that the average price per gallon of diesel headed up 2.4 cents to $2.878 per gallon, rising for the fourth straight week.
Posted on 05/12 at 08:50 AM
Diesel Prices •
A combination of market factors contributed to sustained level of market softness in the most recent edition of the Trucking Conditions Index from freight transportation forecasting firm FTR.
Posted on 05/12 at 08:25 AM