Tuesday, March 10, 2015
The Department of Energy’s Energy Information Administration (EIA) reported this week that the average price per gallon of diesel gasoline increased for the fifth straight week, rising 0.8 cents to $2.944 per gallon.
Posted on 03/10 at 10:00 AM
Diesel Prices •
While the months-long West Coast port labor dispute between the Pacific Maritime Association and the International Longshore and Warehouse Union reached a cease fire, with the parties coming to terms on a tentative new five-year labor contract late last month, the subsequent cargo backlog at United States West Coast ports is expected to see cargo volumes head up, according to the most recent edition of the Port Tracker report from the National Retail Federation and Hackett Associates.
Monday, March 09, 2015
With the first quarter of 2015 officially beginning the homestretch, it seems like a good time to take a look at some of the key themes impacting the freight transportation and logistics market.
Posted on 03/09 at 02:06 PM
The purchase price is $125 million and is subject to an adjustment for working capital, according to Forward officials.
Posted on 03/09 at 01:24 PM
Forward Air •
The company said that its customers can now ship biological substances, dangerous goods in excepted quantities, and shipments utilizing dry ice via UPS to more than 20 additional international destinations.
Posted on 03/09 at 12:32 PM
In the most recent edition of its quarterly report, entitled Intersections, consultancy PwC noted that fourth quarter merger and acquisition activity within the transportation and logistics sector was steady overall, while full-year deal making activity in 2014 was on the slower side as it was near a ten-year low.
Posted on 03/09 at 11:31 AM
Today, U.S. trucking companies face more regulations than any time in history—and they claim this “regulatory tsunami” is putting the clamp on U.S. productivity. During this session shippers will gain a better understanding of the current state of trucking regulations (HOS & CSA) and the impact they're having on capacity and rates.
Friday, March 06, 2015
Largely feeling the effects of the recently resolved West Coast ports labor disruption, railroad and intermodal volumes in February were down annually, according to data released by the Association of American Railroads (AAR) this week.
Posted on 03/06 at 09:58 AM
The year 2015 marks a major milestone for the industry, MHI is celebrating its 70th anniversary at ProMat 2015, held March 23-26, 2015.
Posted on 03/06 at 09:01 AM
While the Federal Motor Carrier Safety Administration has made strides in regards to better oversight of motor carriers through its Compliance, Safety, Accountability (CSA) and chameleon vetting safety programs, there is room for improvement for it to improve its oversight to better target high-risk carriers. That was the thesis of a report released this week by the United States General Accountability Office
Posted on 03/06 at 08:50 AM