Tuesday, May 12, 2015
East Coast ports are growing at a faster rate than their West Coast counterparts, according to the inaugural edition of CBRE Groups’s Inc. “North America Ports Logistics Annual Report.”
Posted on 05/12 at 01:23 PM
Data issued this week by the Department of Energy’s Energy Information Administration (EIA) showed that the average price per gallon of diesel headed up 2.4 cents to $2.878 per gallon, rising for the fourth straight week.
Posted on 05/12 at 08:50 AM
Diesel Prices •
A combination of market factors contributed to sustained level of market softness in the most recent edition of the Trucking Conditions Index from freight transportation forecasting firm FTR.
Posted on 05/12 at 08:25 AM
Monday, May 11, 2015
According to the ATA, total 2014 trucking industry revenue was $700.4 billion, which alone is a staggering number, but making it all the more impressive is that it represents the first time annual industry revenue has topped $700 billion.
Posted on 05/11 at 11:27 AM
Late last week, the United States Postal Service (USPS) announced it had a $1.5 billion net loss for the fiscal second quarter compared to a $1.9 billion net loss for the same period last year. This follows a fiscal first quarter net loss of $754 million and a $5.5 billion fiscal 2014 net loss.
Posted on 05/11 at 09:43 AM
Friday, May 08, 2015
Leveraging a theme of improvement, following a tentative West Coast port labor dispute agreement between the Pacific Maritime Association and the International Longshore & Warehouse Union (ILWU) reached in late February, the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates painted a positive picture, with import cargo levels at U.S.-based retail container ports slowly getting back to normal levels.
Posted on 05/08 at 11:52 AM
United States carloads dipped 5.3 percent, or 78,712, annually, to 1,403,044, and intermodal containers and trailers saw a 5.1 percent annual jump in April, up 67,513 units to 1,383,314.
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The air cargo industry is on a “solid but unspectacular growth trend,” notes The International Air Transport Association (IATA). More worrying however, is that there is little evidence today that would point towards an acceleration as the year goes on.
Posted on 05/08 at 09:17 AM
Air Cargo •
Thursday, May 07, 2015
In the wake of the Final Rulemaking issued by the Department of Transportation’s Federal Railroad Administration and Pipeline and Hazardous Materials Safety Administration (FRA) last week, the feedback by the freight railroad sector has been less than positive.
Posted on 05/07 at 12:07 PM