Friday, April 26, 2013
Carload volume—at 276,662—was down 2 percent annually, and intermodal—at 240,698 trailers and containers—was up 0.6 percent.
ATA officials said that seasonally-adjusted tonnage has now shown gains in four of the last five reported months and is up 7.6 percent going back to November 2012.
Thursday, April 25, 2013
U.S. growth projections are particularly high, from a $2.5b market in 2011 to $9b in 2021.
Earlier this week, the United States Postal Service (USPS) said that it is keeping its domestic air services in the hands of FedEx, its current provider, with a seven-year contract for Priority and Express Mail services.
Posted on 04/25 at 12:35 PM
YRCW officials said that that the network optimization is a key component of YRC Freight's strategy to continuously improve customer service by reducing the handling of shipments and excess time in transit.
Posted on 04/25 at 11:36 AM
YRC Worldwide •
YRC Freight •
UPS reported today that first quarter revenue rose 2.2 percent year-over-year to $13.43 billion, with operating profit up 0.7 percent at $1.58 billion. Quarterly earnings per share—at $1.04—saw a 7.4 percent gain and beat Wall Street analysts expectations of $1.01 per share.
Posted on 04/25 at 09:36 AM
Global Logistics •
Wednesday, April 24, 2013
With the global shipping industry showing increased interest in the use of LNG (Liquefied Natural Gas) as a fuel for vessels, members of the International Association of Ports and Harbors are laying the groundwork for how ports worldwide can accommodate this emerging trend.
Tuesday, April 23, 2013
Los Angeles and Long Beach comprise the largest marine port complex in North America as well as the No. 1-emitting facility in the Southland.
From the April 8th Edition of Transport Topics:
“Jury Awards $58.5 Million for Freight Truck Crash - Highest Recorded Verdict Amount Recorded
Thursday, April 18, 2013
"Gang of Eight" legislation enables foreign graduate students to remain in U.S. after receiving advanced degree, raises H-1B visa cap