Monday, January 14, 2013
TOTE, Inc. announced it has committed to the construction of two new state-of-the-art containerships for the Puerto Rico trade, with options for three more vessels for additional domestic service. The agreement with General Dynamics NASSCO represents a major technological milestone in international shipping.
Expected decision to nix the deal halts UPS' plans for significant European expansion
Friday, January 11, 2013
A few days before Christmas, ABF Freight System and the Teamsters union began talks on a new contract to replace the one that expires March 31. The acrimonious talks could not have gotten off to a rougher start had Ebenezer Scrooge been at the negotiating table.
Posted on 01/11 at 11:41 AM
ABF Freight •
Join our panel of leading economic and transportation analysts as they share their exclusive insight on where rates and capacity are headed over the next 12 months across all modes.
With the current status of labor negotiations between the International Longshoremen’s Association and the United States Maritime Alliance at East and Gulf Coast ports in flux, import volume growth is expected to show modest growth, according to the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and Hackett Associates.
The American Transportation Research Institute (ATRI) is fully aware of the challenges this is likely to present for the industry and recently released a second survey to collect data on the impacts that may accrue from changes to the 34-hour restart rule.
Posted on 01/11 at 11:35 AM
Trucking HOS •
While just a few years ago, the global automotive logistics sector was regarded as moribund at best, a new report suggest that demand from emerging markets are changing all of that.
The nation faces a balancing act between the need to spend more on infrastructure while finally addressing the ballooning national debt, which the nation’s top business lobbyist calls the biggest single threat to the U.S. economic future.
Carload volume—at 241,682—was down 12.1 percent annually, Intermodal volumes—at 178,317 trailers and containers—were down 8 percent.
Posted on 01/11 at 11:32 AM
Rail Freight •
Logistics Management Group News Editor Jeff Berman recently spoke with John White, executive vice president, sales and marketing, for Chattanooga, Tennessee-based truckload and full-service freight transportation provider U.S. Xpress Enterprises Inc.