Wednesday, November 07, 2012
If President Barack Obama thought his re-election campaign was difficult, he will rapidly discover a seemingly overwhelming set of problems facing his second term that will impact the transportation world.
While the truck driver shortage is far from a new development, a recently-released white paper by the American Trucking Associations (ATA) highlights that the current shortage is “acute and limited primarily to the truckload sector. And it added that long-term trends could lead to an even more severe shortage in the next decade.
Tuesday, November 06, 2012
Second quarter intermodal loadings—at 3,768,155—were up 3.2 percent annually, which was less than the second quarter’s 5.2 percent annual growth gain and topping the 2.9 percent annual improvement in the first quarter.
Posted on 11/06 at 01:29 PM
A slow growing economy and the staving off of a potential east and gulf coast ports strike translated into mixed shipment and expenditure results in October, according to the October edition of the Cass Freight Index Report from Cass Information Systems.
As noted in today’s news story, all the major regions experienced year-on-year air cargo declines, but the introduction of new consumer products such as the iPhone 5 could offset some downward pressure from the weak business environment.
Posted on 11/06 at 10:30 AM
Air Cargo •
Air Freight •
The International Air Transport Association (IATA) announced global traffic results for September showing a continued slowdown in the rate of traffic growth.
Posted on 11/06 at 10:14 AM
Air Cargo •
Air Freight •
With a 2 cent decline, the average price per gallon is $4.01. This comes on the heels of 8.6 cent and 3.4 cent losses, respectively, during the week of October 29 and October 22.
Posted on 11/06 at 09:44 AM
Diesel Prices •
Monday, November 05, 2012
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 54.2 in October, down 0.9 percent from September.
Officials at the Port of New York and New Jersey report that cargo operations are being restored in the wake of last week’s devastating storm.
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) recently said that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 2.6 percent in August 2012 compared to August 2011 at $82.5 billion.
Posted on 11/05 at 11:16 AM