All News Entries
Monday, August 22, 2011
Damco joins several other leading freight forwarders in positive numbers this year
In early 2009, the United States Postal Service (USPS) stated its intent in a filing with the Postal Regulatory Commission (PRC) to launch a market test to provide service akin to a less-than-truckload (LTL) network. But in a filing submitted to the PRC on August 19, the USPS said it intends to shutter this initiative—it entitled “Collaborative Logistics”—on September 19.
Amid the swell of turbulence the economy is riding on, due to an incredibly shaky and unpredictable economic recovery, the downgrading of the United States credit rating and subsequent giant swings in the stock market, it is fair to say shippers are concerned about the possibility of a double-dip recession rearing its ugly head.
Friday, August 19, 2011
A new study backed by an impressive array of former and current government officials is urging greater spending on infrastructure at a time when Washington seems gridlocked over highway spending.
Earlier this week, less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) broke ground on a service center expansion at its Indianapolis-based regional hub.
Thursday, August 18, 2011
Truck fuel mileage standards are rising and, almost certainly, so are rates that shippers pay for trucking freight services.
FedEx subsidiary FedEx Trade Networks, the company’s global trade arm said this week it has added three new freight forwarding offices.
June brought an end to nine straight months of Class 8 commercial vehicle backlog improvements, according to data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Tuesday, August 16, 2011
Spot market truckload volumes in July were strong, representing the seventh straight month of record same month spot market freight availability and were up 22 percent on an annual basis, according to new data from TransCore.
Posted on 08/16 at 01:46 PM