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All Entries

Wednesday, June 16, 2010

As truckload capacity continues to tighten, spot market rates continue to rise. That appears to be the consensus based on research released by Avondale Partners and TransCore.
Posted on 06/16 at 09:21 AM
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FedEx said today that net income of $419 million for the fiscal fourth quarter was up significantly from an $876 million loss for the same time frame a year ago. And for the full fiscal year net income—at $1.18 billion—was up from fiscal year 2009’s $98 million.
Posted on 06/16 at 08:41 AM
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Regional less-than-truckload transportation services provider Southeastern Freight Lines said it is now offering next-day service between its Oklahoma City, Oklahoma Service Center (OKC) and its Odessa, Texas Service Center (ODS).
Posted on 06/16 at 05:24 AM
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Tuesday, June 15, 2010

While we have observed that Southern California ports have gained market share in recent months due to a surge in Asian exports, it is worth noting that the outbound ocean cargo gateways in China are also thriving.
Posted on 06/15 at 02:57 PM
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Late last week, the United States Senate voted down a push led by Senator Lisa Murkowski (R-Alaska) that would have prevented the Environmental Protection Agency from regulating greenhouse gas emissions standards under the Clean Air Act.
Posted on 06/15 at 11:26 AM
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Class I railroad carrier Canadian National Railway (CN) recently announced it has inked a Memorandum of Understanding with TSI Terminal Systems, a subsidiary of GCT Container Terminals Inc., which endeavors to enhance service levels for mutual customers and draw greater volumes of traffic over Port Metro Vancouver.
Posted on 06/15 at 08:50 AM
NewsRail FreightCanadian National RailwayTerminal SystemsPermalink


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Posted on 06/15 at 07:05 AM
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Prior to the release of the 21st annual State of Logistics report by the Council of Supply Chain Management Professionals (CSCMP) at the National Press Club last week, Penske Logistics gave LM an exclusive interview on some of the details. As the principal sponsor of the report, Penske also had some industry insider intelligence to share on the impact made by the two-year recession first felt in 2007.
Posted on 06/15 at 06:53 AM
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Monday, June 14, 2010

Less-than-truckload (LTL) transportation services provider YRC Worldwide Inc. said earlier today that it expects to achieve positive adjusted EBITDA on a consolidated basis and positive operating income for its Regional Transportation unit for the second quarter of this year.
Posted on 06/14 at 10:34 AM
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Citing a strengthening North American economy and improving supply/demand balance of freight hauling truck capacity, ACT Research recently said that a continuing rebound of orders and production of commercial vehicles is underway.
Posted on 06/14 at 09:05 AM
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