All News Entries
Tuesday, February 28, 2012
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 11.6 percent on December 2011 compared to December 2010 at $74.2 billion.
As was the case in its previous edition, the Global Port Tracker Report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics, is calling for continued worsening of economic conditions in Europe.
YRCW reported today that for the fourth quarter of 2011 its consolidated operating revenue—at $1.212 billion—was up 11.1 percent annually, with a consolidated operating loss of $38 million.
Monday, February 27, 2012
INTTRA, a leading provider of e-commerce solutions for the ocean freight industry, reports an increase in usage of their global e-commerce solutions by the containerized shipping industry
APM-Maersk has reported an operating loss of $386 million for its container shipping and logistics activities for 2011.
The HOS rule is now the subject of a similar lawsuit by the Advocates for Highway and Auto Safety, Public Citizen, the Truck Safety Coalition, and two truck drivers on the grounds that the final HOS rule still fails to make needed improvements to protect the public from tired truckers and should be subjected to judicial review.
Seaports on the U.S. eastern seaboard will be getting new business as the Atlantic North South Service gets underway next month
Container shipping lines in the Westbound Transpacific Stabilization Agreement have announced a new round of incremental dry cargo rate increases
Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) continues to remain active on the acquisition front, announcing last week it has acquired all of the outstanding stock of Nashua, New Hampshire-based Capital Transportation Logistics (CTL), a transportation services management (TMS) services provider.
Friday, February 24, 2012
USPS officials said subsequent changes related to these studies are a necessary part of a larger comprehensive plan developed by the Postal Service to reduce operating costs by $20 billion by 2015 and return the organization to profitability.