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Wednesday, May 09, 2012
In its 2012 Semiannual Economic Forecast, which is based on feedback from U.S.-based purchasing and supply chain executives, manufacturing and non-manufacturing sectors are expected to leverage the solid levels for various metrics each has been seeing over the last several months.
Transportation and logistics bellwether UPS announced this week that it has expanded its UPS Express Freight service into Nicaragua and Honduras.
Tuesday, May 08, 2012
Cartel spokesmen say U.S. consumer spending and retail sales trends are on the uptick confirming carrier forward bookings
First quarter deal value—for deals valued at $50 million or more—was $22.6 billion and represents 34 announced deals with an average deal value of $700 million.
Reversing a trend which occurred in February and March, cost growth outpaced shipment growth, according to data in the most recent edition of the Cass Freight Index report.
Gradual economic growth patterns continue to be the norm based on data released in the most recent edition of the Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
In the up and down pattern of energy prices, diesel prices are seeing the latter, with the price per gallon falling 1.6 cents to $4.057 per gallon, according to data from the Department of Energy’s Energy Information Administration (EIA).
Posted on 05/08 at 08:15 AM
Diesel Prices •
Monday, May 07, 2012
While the freight economy is faring better now than it was during the depths of the recession, there are still many hurdles to cross, especially for the less-than-truckload (LTL) industry.
FedEx Freight is seeing continued momentum is on the intermodal side—where it has been increasing its presence and activity since the network re-design went live a little more than a year ago.
Posted on 05/07 at 10:12 AM
In a move designed to drive intermodal drayage efficiencies and provide incremental capacity, freight transportation and logistics services providers Pacer International Inc. and CRST International recently announced they have inked multi-modal dedicated drayage agreements.