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Thursday, January 06, 2011
Following December’s announcement that it planned to acquire Total Logistic Control, a subsidiary of SUPERVALU and a provider of supply chain services for shippers in the food, beverage, and consumer packaged goods sectors, freight transportation and logistics services provider Ryder System said today the deal is now official.
As has been the case in recent months demand for Class 8 trucks continues to surge. This was reflected in data released this week by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, and freight transportation consulting firm FTR Associates.
A vote by House Republicans yesterday has the potential to significantly change how funding for federal highway and transit programs is distributed and allocated.
Wednesday, January 05, 2011
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 14.9 percent in October 2010 compared to October 2009, increasing to $70.6 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
The Institute for Supply Management reported today in its December Non-Manufacturing Report on Business that the non-manufacturing sector remained on a growth path for the 12th straight month. The ISM’s index for measuring the sector’s overall health—known at the NMI—was 57.1 in December, a 2.1 percent increase from November. Like the ISM’s Manufacturing Report on Business, a reading above 50 represents growth.
Regional less-than-truckload (LTL) transportation services provider Southeastern Freight Lines (SEFL) said this week it is rolling out a new subsidiary focused on providing expedited service and multi-modal transportation services throughout the U.S.
Freight transportation services provider ABF said this week that it is now offering shippers single-contact door delivery for service into the Dominican Republic.
Tuesday, January 04, 2011
In response to its growing healthcare business, UPS said it is opening up new facilities in Asia, Europe, Canada, and the United States that will serve as part of its global healthcare facility network.
Another week, another rise in diesel prices was again the theme, according to data released by the Department of Energy’s Energy Information Administration (EIA) this week.
During the Lame Duck Session of the 111th Congress, U.S. lawmakers voted to extend federal highway and transit funding through a continuing resolution through March 4.