All News Entries
Tuesday, September 16, 2014
Total POLB volumes dropped 9.1 percent in August at 573,083 TEU, and POLA volumes in August were up 6.7 percent compared to August 2013 at 757,702 TEU.
Following a week in which the average price per gallon was flat, diesel prices resumed their decline, falling 1.3 cents to $3.801 per gallon, according to the Department of Energy’s Energy Information Administration.
Posted on 09/16 at 09:01 AM
Diesel Prices •
Monday, September 15, 2014
While diesel prices have largely been out of the spotlight in 2014, freight transportation and logistics stakeholders always need to keep a close eye on what prices are doing, as it has a significant impact on transportation budgets and forecasting.
Posted on 09/15 at 01:51 PM
Diesel Prices •
Railroad service issues and rates, which many rail shippers deem as unreasonable, are front and center in a piece of legislation to be introduced soon by Senators Jay Rockefeller (D-WV) and John Thune (R-SD), chairman and ranking member of the Senate Committee on Commerce Science and Transportation.
Posted on 09/15 at 11:32 AM
Friday, September 12, 2014
FTR and Internet Truckstop said that this alliance will provide shippers and carriers with myriad benefits, including market analysis and specificity for contract and spot freight segments by region and trailer type.
Posted on 09/12 at 01:44 PM
Spot Market •
Commerce reported that August retail sales at $444.4 billion were up 0.6 percent compared to July and up 5.0 percent compared to August 2013, and the NRF said that August retail sales, which exclude automobiles, gas stations, and restaurants, were up 0.5 percent compared to July and up 2.7 percent on an annual unadjusted basis.
Carload volumes were up 2.7 percent at 286,002, and intermodal volume was up 4.5 percent at 239,142 trailers and containers.
Posted on 09/12 at 09:26 AM
Non asset-based 3PL XPO Logistics said this week that three global blue chip institutions––PSP Investments, Singapore’s sovereign wealth fund called GIC, and the Ontario Teachers’ Pension Plan–– have invested a cumulative $700 million into XPO, which company officials said will be used to accelerate its growth strategy and allocated mainly for unspecified acquisitions.
Tuesday, September 09, 2014
Rumors of labor strikes and other supply chain disruptions are inspiring logistics executives to look toward the Eastern Seaboard. While West Coast ports remain dominant, JLL’s sixth annual Seaport Outlook shows rapid growth and demand for space by the nation’s ports on the East Coast.
Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Posted on 09/09 at 08:20 AM