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By LM Staff · December 16, 2014
A week ago, the average price per gallon of diesel gasoline saw its steepest decline in more than two years, when it fell 7 cents to $3.535. This week took that decline a step further, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price this week fell 11.6 cents to $3.419 per gallon.
By Jeff Berman · December 16, 2014
With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.
By John D. Schulz · December 16, 2014
The Highway Trust Fund is irretrievably broken and should be eliminated in favor of a new system of revenue streams or by dedicating a portion of the federal income tax to pay for transportation. That’s the conclusion of a new multi-year report by the Eno Foundation, an influential Washington transportation think tank. The report, released in early December, was funded by the Rockefeller Foundation.
By MMH Staff · December 15, 2014
An estimated 250 technicians are to complete a two-week training program within the first year.
By John D. Schulz · December 15, 2014
The biggest issue for transport in 2015 is funding for Interstate highways. That current funding will expire in May after a stop-gap nine-month continuing resolution expires. Whether the new Congress has the gumption to tackle the sticky problem of how to pay for much-needed highway and bridge reconstruction is an open question, however.
By Jeff Berman · December 15, 2014
Trucking sector warmly endorses move to suspend two consecutive 1 a.m.-5 a.m.rest periods during 34-hour restart period.
By MMH Staff · December 12, 2014
After the check presentation, the team scored another four touchdowns to total $59,000.
By Jeff Berman · December 12, 2014
The most recent edition of the Trucking Conditions Index from freight transportation forecasting firm FTR continue to echo the ongoing theme that current market conditions continue to support carriers.
By Jeff Berman · December 12, 2014
Non asset-based third-party logistics (3PL) services provider Transplace recently announced it has expanded its Canadian division operations, opening up new locations in Calgary and the Greater Montreal area.
By LM Staff · December 12, 2014
Carloads were up 11.7 percent compared to the same timeframe a year ago at 311,955, and intermodal was up 2.1 percent at 268,153 container and trailers.
By MMH Staff · December 11, 2014
Winners to be announced at April forum focusing on best practices, challenges, and benefits associated with reusables in a supply chain.
By Jeff Berman · December 11, 2014
Retail sales data for the month of November showed both sequential and annual gains, according to data issued by the United States Department of Commerce and the National Retail Federation (NRF).
By Jeff Berman · December 11, 2014
Commerce reported that November retail sales at $449.3 billion were up 0.7 percent compared to October and up 5.1 percent compared to November 2013, and the NRF said that November retail sales, which exclude automobiles, gas stations, and restaurants, were up 0.6 percent seasonally-adjusted month-to-month over October and increased 3.2 percent annually on an unadjusted basis.
By Jeff Berman · December 11, 2014
Full service 3PL and non asset-based 3PL services provider Pilot Freight Services recently announced it will open new stations on Mexico City, Mexico and Vancouver, British Columbia during the first quarter of 2015.
By LM Staff · December 11, 2014
For October, the most recent month for which data is available, the Freight TSI hit 121.8, topping September’s 121.4, which was downwardly revised from 121.5.

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