Wednesday, May 29, 2013
Ocean cargo carriers comprising the Transpacific Stabilization Agreement (TSA) announced their intention to raise rates this summer.
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said this week that trade using all forms of freight transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico fell 4.0 percent annually in March to $95.6 billion.
Posted on 05/29 at 12:47 PM
Following a two-week stretch which saw prices rise a cumulative 4.5 cents, diesel prices dropped one cent to $3.88 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 05/29 at 09:38 AM
Diesel Prices •
California shippers got some very good news this week, when it was announced that the Port of Oakland has appointed a veteran executive director. The man named is an exceptional professional with a deep maritime background.
Posted on 05/29 at 09:15 AM
Non asset-based third-party logistics (3PL) services provider Transplace said yesterday it has selected New York-based private investment firm Greenbriar Equity Group LLC as its new equity partner.
Posted on 05/29 at 08:54 AM
Tuesday, May 28, 2013
As the global economic picture remains, um, murky, a recent report in the Wall Street Journal observed that declining manufacturing output in China, the world’s second largest economy after the United States, is cause for concern.
Posted on 05/28 at 09:33 AM
The Port of Oakland Board of Commissioners announced the appointment of maritime shipping industry veteran Chris Lytle as the new Executive Director. While this fills a leadership void at one key West Coast ocean cargo gateway, it leaves another at the Port of Long Beach.
Friday, May 24, 2013
LM recently spoke with recently spoke with Wall Street analyst John Larkin to get some of his insights as we approach the halfway point of 2013, or at least get a little closer to it.
Posted on 05/24 at 09:16 AM
Carload volume—at 285,679—was up 1.9 percent annually, and intermodal—at 250,159 trailers and containers—was up 3.5 percent