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Monday, May 09, 2011

As has been the case in recent weeks, rail carload and intermodal volumes were somewhat mixed in April, according to data from the Association of American Railroads (AAR). April rail carloads—at 1,117277—were down 0.2 percent compared to April 2010 and up 2.5 percent compared to March 2011 on a seasonally-adjusted basis
Posted on 05/09 at 12:32 PM
NewsRail FreightIntermodalAARRailroad ShippingPermalink


Actual dollar amounts are short of desired legislative levels for transportation infrastructure. And with the Federal Government repeatedly showing little or no interest in increasing the gasoline tax, the current primary funding source, it stands to reason that funding will remain an obstacle for the foreseeable future.

Employment in the manufacturing sector is moving along at a strong clip, a clip which, much like the industrial economy, is far ahead of the general economy.
Posted on 05/09 at 10:27 AM
BlogsInstitute for Supply ManagementSupply ChainEmploymentJobsPermalink


Friday, May 06, 2011

While the legislative draft, entitled the “Transportation Opportunities Act,” is reported to have been written by the White House, Administration officials have not definitely said it originated there, according to media reports.
Posted on 05/06 at 12:04 PM
NewsTransportationInfrastructureTransportation InfrastructureSAFETEA-LUPermalink


While the Cass data showed growth in February and March following three months of decreases, April was relatively flat on a sequential basis. April shipments at 1.113 were up 12.3 percent annually and 0.45 percent compared to March’s 1.108, with shipments above for the 1.0 mark for the 11th straight month going back to May 2010’s 1.014 breaking the 1.0 level for the first time since November 20008.
Posted on 05/06 at 10:34 AM
NewsTruckingTransportationCass Information SystemsCass Freight IndexPermalink


Earlier today, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported a $102 million net loss in the first quarter and a $2.14 loss per share. Despite the losses, company officials said this represented an improvement over the first quarter of 2011, which saw a net loss of $274 million and $13.15 per share.
Posted on 05/06 at 09:14 AM
NewsTruckingTransportationLTLYRC WorldwideEarningsPermalink


In keeping with its aggressive march in global forwarding, Crane Worldwide Logistics has reached another milestone, reports Kewill, a major software provider.
Posted on 05/06 at 07:17 AM
NewsGlobal TradeTechnologyWorld TradePermalink


Carload volume—at 295,347—was flat on an annual basis, and intermodal volumes for the week ending April 30 at 229,677 trailers and containers were up 7.8 percent year-over-year.
Posted on 05/06 at 07:16 AM
NewsRail FreightIntermodalAARRailroad ShippingPermalink


Thursday, May 05, 2011

First quarter earnings for Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, saw total revenue-at $129.4 million-increase by 45.3 percent compared to the first quarter of 2010.
Posted on 05/05 at 12:10 PM
NewsTruckingLTLEcho Global LogisticsPermalink


ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said this week that a preliminary reading of heavy-duty Class 8 commercial vehicles net orders for North American markets hit 32,800 units in April.
Posted on 05/05 at 09:35 AM
NewsTruckingSupply Chain ManagementTransportationACT ResearchPermalink



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