Friday, January 23, 2015
For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.
Posted on 01/23 at 12:02 PM
Peak Season •
In recently issued research and data, JLL pointed out that its market data indicates rents are on the rise, with companies on the hunt for warehouse and distribution space.
Posted on 01/23 at 10:46 AM
Warehouse & DC •
U.S. Carloads were up 0.3 percent annually at 290,963, and intermodal at 260,893 containers and trailers dropped 2.4 percent compared to the same week last year.
Thursday, January 22, 2015
Researchers say the ships are operating in international waters with a "worrying lack" of regulation, adding that they could pose a threat to regional peace and stability.
Posted on 01/22 at 01:33 PM
Compared to November, spot market freight volume was up 3.0 percent, according to the DAT North American Freight Index.
Posted on 01/22 at 12:07 PM
Spot Market •
Wednesday, January 21, 2015
A global logistics hub envisioned for Oakland's decommissioned army base takes a big step forward beginning today. The Port of Oakland and Union Pacific Railroad start construction to link the site with UP’s main line.
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Posted on 01/21 at 09:08 AM
Tuesday, January 20, 2015
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index was unchanged in December, following a jump of 3.5% during the previous month. In December, the index equaled 136.8 (2000=100), which tied November as the all-time high.
Posted on 01/20 at 08:27 PM
Shippers negotiating with carriers over 2015 freight rates ought not be swayed by the dramatic lowering of diesel fuel costs into believing their carriers’ overall cost of doing business are lessening. In fact, they are rising.
Posted on 01/20 at 09:24 AM