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Tuesday, July 29, 2014

For May, which is the most recent month for which data is available, the SCI is -7.5, following April’s -7.5. FTR said this reading represents a still-tight capacity environment, as utilization rates hover between 98 percent and 99 percent.
Posted on 07/29 at 11:24 AM
NewsSCIFTRPermalink


With a 1.1 cent drop to $3.858 per gallon, this follows declines of 2.5 cents, 1.9 cents, and 0.7 cents over the previous three weeks, with the cumulative four-week decline at 6.2 cents.
Posted on 07/29 at 10:40 AM
NewsEIADiesel PricesPermalink


Second quarter revenue for transportation and logistics titan UPS headed up 5.6 percent annually at $14.3 billion, while operating profit sank 57.1 percent to $747 million. Quarterly net income fell 57.6 percent to $454 million.
Posted on 07/29 at 10:11 AM
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Monday, July 28, 2014

Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently said it is opening up the “vault,” so to speak. The vault in this case is making its copious amount of trade data accessible through an Application Programming Interface (API), which enables customers to extract Panjiva’s trade data into their own database.
Posted on 07/28 at 11:57 AM
NewsGlobal TradePanjivaPermalink


Freight transportation and logistics services provider Averitt Express recently announced it has rolled out improved transit times for less-than-truckload (LTL) service from the Midwest to Toronto and other cities.
Posted on 07/28 at 11:02 AM
NewsLTLAveritt ExpressTransit TimesPermalink


Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.
Posted on 07/28 at 10:35 AM
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Anne Ferro, a ferocious advocate for greater truck safety and a constant thorn to truck drivers and some unsafe trucking fleets, says she is leaving as administrator of the Federal Motor Carrier Safety Administration. No successor has been immediately named.
Posted on 07/28 at 10:25 AM
NewsTruckingFMCSAPermalink


Friday, July 25, 2014

Carload volumes were up 7.6 percent at 299,256, topping the week ending January 12 at 290,607 and the week ending July 5 at 270,731.
Posted on 07/25 at 10:46 AM
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U.S. companies made only marginal improvements in their ability to collect from customers and pay suppliers in 2013, while showing no improvement in how well they managed inventory, according to the 16th annual working capital survey from REL a division of the Hackett Group, Inc.
Posted on 07/25 at 09:14 AM
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Study suggests solutions for filling the talent gap, including the development of robust ties with the education system.
Posted on 07/25 at 09:06 AM
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