All News Entries
Friday, June 20, 2014
As was the case from a company perspective, fiscal fourth quarter output for less-than-truckload market leader FedEx Freight was strong, the company reported in its earnings announcement this week.
Posted on 06/20 at 09:03 AM
FedEx Freight •
Intermodal volumes saw their single highest week ever at 270,243 containers and trailers and were up 6.3 percent annually.
Posted on 06/20 at 01:56 AM
Rail Freight •
Thursday, June 19, 2014
While over-the-road capacity availability remains tight, the outlook is not quite as dire as it was earlier this year. That was a major theme in the most recent edition of the Shippers Condition Index (SCI) released this week by freight transportation consultancy FTR.
Posted on 06/19 at 10:59 AM
FTR Associates •
Lawmakers are struggling to head off a pending crisis in the Highway Trust Fund. That fund is scheduled to run out of money around July 18. That would cause another bailout of the HTF from the General Treasury, something that has happened at least six times in the past decade or so.
Posted on 06/19 at 03:19 AM
POLA reported that total volumes were up 8.2 percent annually at 689,141 TEU, and POLB volumes were up 2.7 percent at 599,509 TEU.
Quarterly net income of $730 million was up 42 percent annually, and revenue, at $11.8 billion, was up 3 percent. Operating income at 1.18 billion was up 136 percent.
Posted on 06/18 at 09:28 AM
Seasonally-adjusted (SA) for-hire truck tonnage in May rose 1.0 percent, and compared to a year ago, the May SA was up 3.4 percent for its second-highest annual gain of 2014.
Posted on 06/18 at 07:38 AM
Tuesday, June 17, 2014
University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration.University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration.
Port productivity (or lack thereof) is becoming a key issue in the current negotiations for a new labor contract covering nearly 20,000 dockworkers.
Posted on 06/17 at 10:24 AM