Tuesday, November 23, 2010
As the economy continues its slow-paced recovery, the American Trucking Associations (ATA) added a dose of optimism to the overall outlook, reporting that truck tonnage in October was up for the second straight month.
While the price per gallon of diesel fuel remains above the $3 mark there has been a fair amount of fluctuation in recent weeks, according to data from the Department of Energy’s Energy Information Administration (EIA).
As expected, Massachusetts Representative Edward D. Markey (D) recently introduced legislation requiring 100 percent screening of all cargo on cargo planes. This legislation follows the October attempts by terrorists to send explosives originating from Yemen to the United States on cargo and passenger planes.
Monday, November 22, 2010
While most shippers want to strip the complexity out of the supply chain, government regulators are adding on layers of new rules for the nation’s two biggest seaports.
In a unique regional act of cooperation, harbor commissioners from Los Angeles and Long Beach came together for a special joint session yesterday, approving a new version of the San Pedro Bay Ports Clean Air Action Plan
Posted on 11/22 at 10:34 PM
According to cartel spokesmen, “suggested” rate increases of $400 per 40-foot container for cargo moving to U.S. West Coast ports and $600 per FEU for all other cargo are likely to be imposed by May
Recent data published by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said that October net orders of heavy-duty Class 8 vehicles at 18,914 units were up 24 percent from September.
As has been the case in recent months, the spot market continues to post impressive gains on an annual basis, according to data from the TransCore North American Freight Index.
Posted on 11/22 at 09:33 AM
Spot Market •
A panel of shipper executives at the recently concluded TransComp expo, hosted by the National Industrial Transportation League, the Intermodal Association of North America, and the Transportation Intermediaries Association, shared their opinions on the economy, supply chain operations and future prospects in a wide-ranging discussion.
UPS recently announced an agreement to sell its UPS Logistics Technologies unit to Thoma Bravo, LLC, a leading private equity investment firm. Financial details were not disclosed.