All News Entries
Wednesday, January 14, 2015
CSX reported it had record fourth quarter net earnings of $491 million, which was up 15 percent annually over $426 million for the fourth quarter 2013, with earnings per share up $0.49 for a 17 percent annual increase, matching Wall Street estimates.
Posted on 01/14 at 11:53 AM
Railroad Shipping •
Tuesday, January 13, 2015
As the Department of Transportation quietly lifted its ban on Mexican-domiciled trucks for operation in this country, organized labor has ridiculed the move as irresponsible and harmful to highway safety.
Cargo volume has reached an all-time high at the Port of Oakland.
Even with the Pacific Maritime Association and International Longshore & Warehouse Union meeting with the U.S. Federal Mediation and Conciliation Service in hopes of helping the sides find a way to come to an agreement over stalled labor negotiations, the relationship between the parties, whom have been at odds for eight months, remains contentious.
Posted on 01/13 at 11:34 AM
The development of a piece picking robot began with a trip through the desert.
Following a 7.6 percent decline last week, the national diesel average slipped another 8.4 cents to $3.053 per gallon, which is the lowest price per gallon since the week of October 4, when it was at $3.
Posted on 01/13 at 09:53 AM
Diesel Prices •
Monday, January 12, 2015
A pilot project in Rochester, New York, may be a precursor of what robots will look like in the warehouse of the future.
Aided by the rapid decline in fuel prices, the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR continued to point to favorable market conditions for motor carriers.
Posted on 01/12 at 09:25 AM
Friday, January 09, 2015
While congestion still reigns at United States-based West Coast ports due to a variety of factors, import volumes are still showing decent growth, according to the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and Hackett Associates.
In a year in which United States-based railroads saw more than its fair share of issues, due largely to poor weather, congestion and service problems, annual growth was solid, according to data released by the Association of American Railroads (AAR).
Posted on 01/09 at 11:26 AM