Monday, November 26, 2012
Carload volume—at 288,717—was down 4.3 percent annually, and intermodal—at 249,115 trailers and containers—were up 2.4 percent compared to the same period last year.
Friday, November 23, 2012
Consumer sentiment has taken a hit after the presidential election due to increased awareness by many Americans of the fiscal cliff and stock market volatility.
Posted on 11/23 at 10:40 AM
RedPrairie and JDA Software Group, Inc. today announced that they have received notice from the Federal Trade Commission granting early termination of the waiting period for U.S. antitrust review
Wednesday, November 21, 2012
While the clock continues to tick on the looming December 29 deadline in Master Contract labor negotiations between the International Longshoremen’s Association (ILA), the largest union of maritime workers in North America, and the United States Maritime Alliance (USMX), an alliance of container carriers, direct employers, and port associations serving United States-based East and Gulf Coasts, there still is a fair amount of acrimony on both sides.
Posted on 11/21 at 10:28 AM
Georgia Gov. Nathan Deal announced that as part of his FY2014 budget proposal, he will seek an additional $50 million in funding for the Savannah Harbor Expansion Project at the Georgia Ports Authority Board meeting.
CargoWise, announced Mexican freight forwarder Evolucion Logistics has adopted a hosted version of ediEnterprise in its head office following an implementation process.
Posted on 11/21 at 09:56 AM
The 1,000-2,000 twenty-foot equivalent units (TEUs) containership segment has suffered severely during the current demand downturn with a substantial idling of ships and a recent wave of scrappings, reported Alphaliner this week.
Tuesday, November 20, 2012
The ATA said that seasonally-adjusted (SA) truck tonnage in October—at 113.7 (2000=100)—dipped 3.8 percent annually, and the not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, hit 123.7 in October, which was 7.7 percent better than September and was 5.2 percent higher than the October 2011 NSA.
Last week, the Association of American Railroads said it remains fully committed to implementing Positive Train Control (PTC) even though it noted that myriad challenges stand in the way to get that accomplished by a 2015 deadline.
The business conditions outlook for shippers appears to continue to be moving sideways, according to the monthly Shippers Conditions Index (SCI) from freight transportation consultancy FTR Associates.
Posted on 11/20 at 11:20 AM
FTR Associates •