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Tuesday, August 18, 2015

At an average of $2.615 per gallon, the price is down 0.2 cents compared to last week, with prices dropping a cumulative 29.9 cents going back to the week of May 25, when the average price was at $2.914 per gallon.
Posted on 08/18 at 02:29 PM

Seasonally-adjusted (SA) for-hire truck tonnage in July was up 2.8 percent compared to June at 135.0 (2000=100) and marked its second-highest monthly reading ever, next to January’s 135.8.
Posted on 08/18 at 02:14 PM

Volumes were decidedly mixed at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) in July.
Posted on 08/18 at 10:36 AM

Following an announcement made it made earlier this month, the European Commission said late last week that it has pushed back its previous deadline of December 8 to January 13 in regards to FedEx’ planned acquisition of Netherlands-based TNT-NV.
Posted on 08/18 at 09:36 AM
NewsFedExTNT NVPermalink

Monday, August 17, 2015

The most recent in which could be described as a series of large-scale global 3PL (third-party logistics) acquisitions was announced today, with Geodis, a $6.1 billion France-based 3PL saying it has entered into an agreement to acquire Brentwood, Tennessee-based $1.3 billion OHL (formerly known as Ozburn Hessey Logistics).
Posted on 08/17 at 11:42 AM
News3PLOHLGeodisglobal logisticsPermalink

Unless you’re a major oil company or in the oil exploration business, the precipitous fall in the price of crude oil is providing a major and unexpected financial dividend. Truck shippers, in particular, are reaping a windfall as their fuel surcharges are dropping like leaves in the autumn breeze.
Posted on 08/17 at 09:31 AM
NewsDiesel PricesDieselPermalink

Friday, August 14, 2015

July lived up to its reputation as a slow month for freight activity, based on the results of the most recent edition of the Cass Freight Index Report from Cass Information Systems.
Posted on 08/14 at 10:45 AM
NewsCass Information SystemsCass Freight IndexPermalink

Thursday, August 13, 2015

Carloads were down 4.4 percent annually at 288,460 and were below the week ending August 1 at 289,657 and ahead of the week ending July 25 at 286,660.
Posted on 08/13 at 02:30 AM

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) dropped 0.3 percent from May to June, following a 0.8 percent increase from April to May and a 1.8 percent decline from March to April.
Posted on 08/13 at 02:06 AM
NewsBTSFreight TSIPermalink

Tuesday, August 11, 2015

Infor, a supply chain and logistics technology services and ERP software provider, said it plans to acquire GT Nexus, a global provider of cloud-based global commerce technology, for $675 million. Infor said the deal is expected to become official within 45 days, pending regulatory approval.
Posted on 08/11 at 11:27 AM

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