Wednesday, September 14, 2011
The BTS said that the July Freight TSI at 108.3 is up 14.8 percent from the recent low of 94.3 in April 2009, which was its lowest level since July 1997. July’s Freight TSI is down 4.4 percent from its historic peak of 113.3 in January 2005.
Based on data from the United States Department of Commerce and the National Retail Federation (NRF), retail sales numbers remain in a holding pattern.
CEVA Logistics recently announced it is ramping up its less-than-container-load (LCL) service offerings, with the addition of a new service from Hamburg to New York.
Posted on 09/14 at 09:19 AM
Global Logistics •
Company officials said this move was driven by increased growth in this area, adding that ODFL will hire 12 new employees to work out of this facility. ODFL now has four Wisconsin-based service centers and 214 throughout the United States.
Tuesday, September 13, 2011
Earlier today, the House of Representatives approved legislation that would continue to fund federal highway, transit, and highway safety and Federal Aviation Administration programs at current levels.
The uneven trajectory of the economic recovery was highlighted once again in the most recent edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) Index.
Following two weeks in increasing prices after a month of declines, diesel prices dipped 0.6 cents to $3.862 per gallon, according to the Department of Energy’s Energy Information Administration.
Opening these new offices is part of an ongoing trend for the company in terms of expanding its global reach.
In another sign that the United States economy is not heading into a second dip, California exporters recorded yet another month of double-digit growth
At the same time, however, Maersk and other carriers may soon be holding shippers accountable for freight that is promised, but does not appear