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Wednesday, December 07, 2011

The immediate short-term outlook is dim, said analysts
Posted on 12/07 at 08:50 PM
NewsAir FreightAir CargoGlobal TradePermalink


Pricing for truckload carriers remained solid in November, according to the most recent edition of The Cass Truckload Linehaul Index from Cass Information Systems and Avondale Partners.

While the economic recovery is showing some encouraging signs of late, it received another one this week in the form of the Institute of Supply Management’s Semiannual Economic Forecast.

Tuesday, December 06, 2011

Traditional rivals, MSC and CMA CGM, are changing course now to work together as operating partners in several key trade lanes
Posted on 12/06 at 04:55 PM
NewsOcean FreightGlobal TradeOcean CargoPermalink


A watchful eye on inventory levels by retailers kept freight shipments and expenditures down on a sequential basis for the second straight month, with mixed results annually, according to the November 2011 edition of the Cass Freight Index.

Following a 4.6 cent decline last week, the price per gallon for diesel fuel dropped another 3.3 cents this week to $3.931, according to the Department of Energy’s Energy Information Administration
Posted on 12/06 at 09:41 AM
NewsEIADiesel PricesDieselPermalink


This new offering uses ferries, rail, and trucks transporting 12-foot containers, with goods picked up from one of several China-based locations

Monday, December 05, 2011

The ISM’s index for measuring the sector’s overall health—known as the NMI—hit 52 in November, down slightly from October’s 52.9

FedEx Ground and FedEx Home delivery rates will increase by a net average of 4.9 percent.
Posted on 12/05 at 10:40 AM
NewsUPSFedExParcelExpressParcel ExpressPermalink


In a recent filing with the Department of Transportation’s Surface Transportation Board (STB), a group comprised of several rail shippers voiced their opinions as to why allowing BNSF Railway to take a write-up of roughly $8 billion based on the acquisition premium paid by Berkshire Hathaway in its February 2010 $34.5 billion acquisition of BNSF is “objectionable for many reasons.”
Posted on 12/05 at 09:00 AM
NewsRail FreightRailroad ShippingBNSFPermalink



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