Friday, February 11, 2011
Railroad traffic for the week ending February 5 was mixed due to harsh weather conditions impacting certain parts of the country, according to data released by the Association of American Railroads (AAR).
By now, you have probably seen the most recent batch of numbers from the Commerce Department regarding the trade deficit. In short, the data pretty much represents an ongoing trend. Commerce said that the international trade deficit increased 5.9 percent in December 2010, to $40.6 billion, up from $38.3 billion in November. And exports grew 1.8 percent, to $163.0 billion, and imports rose 2.6 percent, to $203.5 billion.
Intermodal volumes continued the solid trends which have been occurring throughout 2010 with a strong fourth quarter and 2010, according to the quarter Market Trends report from the Intermodal Association of North America (IANA).
When the 36th Annual Federal Aviation Administration’s Forecast Conference convenes in Washington next week, shippers should expect to hear that profitability for U.S. carriers will hinge a stable environment for fuel prices.
Thursday, February 10, 2011
Legislation recently introduced by Senator Kay Bailey Hutchison (R-Texas) vows to reform the Positive Train Control (PTC) regulatory mandate to reduce compliance costs and maintain a safe rail system.
This CarrierWatch® CSA Industry Report focuses on the approximately 166,000 for-hire interstate carriers evaluated under the new program (CSA) program.
Despite modest gains in volumes, financial issues are still prevalent at the United States Postal Service.
Diplomat(s) expressed increasing concern that Saudi Arabia is no longer able to lift oil production at a rate fast enough to prevent oil prices from escalating.
Rail volumes in January were up compared to the same period in 2010, according to data released by the Association of American Railroads (AAR).
President Obama and Canada’s prime minister, Stephen Harper issued a joint statement reconfirming their support of new and existing trade initiatives.