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Monday, July 13, 2015

For May, the most recent month for which data is available, the TCI was 4.91, which was off 25 percent compared to April’s 6.7 and stands as a three-year low for the TCI. The March TCI was 7.3.
Posted on 07/13 at 09:39 AM
NewsTruckloadFTRTCIPermalink


Friday, July 10, 2015

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) headed up 0.8 percent from April to May on the heels of a 1.8 percent decrease from March to April.
Posted on 07/10 at 08:55 AM
NewsBTSFreight Transportation Service IndexFreight TSIPermalink


U.S. carloads were down 7.1 percent annually at 251,269, and intermodal was up 12.3 percent at 255,015 containers and trailers.
Posted on 07/10 at 07:20 AM
NewsAARCarloadintermodalPermalink


Settling a widely followed lawsuit brought by more than 2,300 California workers at FedEx Ground and FedEx Home delivery, parent FedEx Corp. has agreed to create a $228 million fund and resolve a decade-long lawsuit involving misclassification of workers.
Posted on 07/10 at 01:43 AM
NewsFedExFedEx GroundPermalink


Thursday, July 09, 2015

All regions are expected to see an improvement in profitability in 2015 compared with 2014.
Posted on 07/09 at 12:12 PM
NewsAir FreightIATAPermalink


A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry.
Posted on 07/09 at 09:16 AM
NewsOcean CargoContainerShippingPermalink


Wednesday, July 08, 2015

Spurred on by expected volume gains due to what is expected to be a hectic back-to-school season, United States-based retail container ports are expected to see decent volume gains in the coming months. That is the working thesis of the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
Posted on 07/08 at 10:39 AM
NewsPort TrackerOcean ShippingPermalink


The container-shipping industry has been highly unprofitable over the past five years, note analysts with McKinsey & Company. Making things worse, earnings have been exceptionally volatile.
Posted on 07/08 at 09:37 AM
NewsOcean CargoContainer ShippingPermalink


The company said standard service times for service into and out of Louisville will be 1-to-2 days in most parts of its direct service area, adding that shipper customers with freight in Pitt Ohio’s current direct coverage area destined for Louisville will be able to begin scheduling pickups on Friday, August 14.
Posted on 07/08 at 09:32 AM
NewsPITT OHIOLTLPermalink


Tuesday, July 07, 2015

The Coalition for Transportation Productivity (CTP)called on Congress to take a close look at data recently issued by the Department of Transportation (DOT) in its “Comprehensive Truck Size and Weight Limits Study, ” and focus on reforming Interstate vehicle weight limits for six-axle trucks.


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