Tuesday, August 07, 2012
The price per gallon saw a 5.4 cent gain to $3.85 per gallon, and prices have risen a cumulative 20.2 cents over the last five weeks.
Posted on 08/07 at 09:17 AM
Diesel Prices •
Monday, August 06, 2012
As noted in today’s news, utilization levels of vessels on the Transpacific route have averaged only 73 percent, “given in good faith but without guarantee.”
Posted on 08/06 at 07:49 PM
Ocean Cargo •
Ocean cargo carriers are running out of options to hold down capacity, said analysts for Alphaliner.
Non asset-based 3PL remains active on the acquisition front.
Posted on 08/06 at 09:55 AM
Freight transportation forecasting firm FTR Associates recently reported that its preliminary data for July Class 8 truck net orders hit its lowest level since August 2010.
On August 22, the ILA said its union’s negotiating sub-committee, known as the 20-member committee, meets with the employer's smaller negotiating committee in Delray Beach, Florida. And it added that the ILA and USMX have scheduled three days of meetings with this committee on August 22-24 and will likely call full Wage Scale meetings in early September.
Posted on 08/06 at 08:05 AM
Friday, August 03, 2012
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 52.6 in July, up 0.5 percent from June and down from May’s 53.7
Based on today’s second quarter earnings announcement from less-than-truckload (LTL) transportation services provider YRC Worldwide, business conditions are continuing to gradually improve for the Overland Park, Kan.-based carrier.
Posted on 08/03 at 10:03 AM
YRC Worldwide •
YRC Freight •
July carloads—at 1,103,733—were down 7,787 carloads or 0.7 percent annually, and intermodal—at 946,071 trailers and containers—was up 50,431 units or 5.6 percent compared to July 2011.
Posted on 08/03 at 08:59 AM
This week, CEVA reported second quarter revenue of $1.81 billion Euro or $2.2 billion U.S. which was up 5.5 percent annually. LM Group News Editor Jeff Berman spoke with CEVA CEO John Pattullo about the company’s second quarter and first half performance and other industry-related items
Posted on 08/03 at 07:40 AM
Global Logistics •