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Thursday, April 14, 2011

Trucking and intermodal services bellwether J.B. Hunt (JBH) kicked off the first quarter earnings season in style with record net earnings of $50.1 million or $0.40 per share compared to net earnings of $37.5 million and $.029 per share a year ago.
Posted on 04/14 at 09:16 AM
NewsTruckingSupply Chain ManagementIntermodalLogisticsTransportationJ.B. HuntEarningsPermalink


Although California exports continue to surge, the news is not all good, say economists. In the case of the latest figures, foreign buyers were banking on continued weakness in the U.S. dollar by snapping up a wide range of relatively inexpensive American products from soybeans to aircraft.
Posted on 04/14 at 08:12 AM
BlogsPermalink


Wednesday, April 13, 2011

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) fell 1.5 percent in February, following 0.9 percent and 1.5 percent gains in January and December, respectively.

This increase marks the third time the PCI has been up in the last eight months and the 16th consecutive month it has been up on an annual basis.

With the price per gallon of diesel fuel now officially north of $4, there remains a distinct possibility that future retail sales could tail off or remain relatively flat in the coming months.
Posted on 04/13 at 09:15 AM
NewsSupply Chain ManagementLogisticsDiesel PricesRetailNRFDepartment of CommercePermalink


Pent-up demand based on various factors continue to point to an upcycle in buying activity for commercial vehicles, according to data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Posted on 04/13 at 08:04 AM
NewsTruckingLogisticsTransportationACT ResearchPermalink


While U.S. federal government lawmakers continue to focus on the nation’s budgetary woes, The American Association of Port Authorities is convening a special meeting in San Francisco to examine financial challenges of its own.
Posted on 04/13 at 08:02 AM
BlogsOcean FreightGlobal LogisticsGlobal TradePermalink


Tuesday, April 12, 2011

California exporters recorded their 16th consecutive month of healthy year-over-year gains in February with shipments totaling $11.76 billion, a 13.4 percent increase over the same month last year
Posted on 04/12 at 06:48 PM
NewsGlobal LogisticsGlobal TradeWorld TradePermalink


A 10.2 cent weekly hike brings the current price to $4.078 per gallon, following a 4.4 cent increase last week and a 2.5 cent gain the week before. Diesel prices have been up 18 of the last 19 weeks. And on an annual basis, the price per gallon for diesel is up $1.009 per gallon.
Posted on 04/12 at 12:05 PM
NewsTruckingSupply Chain ManagementLogisticsTransportationEIADiesel PricesDieselPermalink


March rail carloads—at 1,493,553—were up 3.4 percent compared to March 2010 and up 11.2 percent compared to March 2009, said the AAR. The weekly carload average in March checked in at 298,711.
Posted on 04/12 at 09:25 AM
NewsSupply Chain ManagementRail FreightIntermodalLogisticsAARRailroad ShippingPermalink



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