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Wednesday, March 16, 2011

A bipartisan group of senators this week has introduced legislation that they said would help to close the country’s widening infrastructure funding gap, serve as a job creator, and enhance U.S. competitiveness. The legislation, drafted by Senators John Kerry (D-MA), Kay Bailey Hutchison (R-TX) and Mark Warner (D-VA), is entitled the BUILD (the Building and Upgrading Infrastructure for Long-Term Development) Act.

Volume gains continued on a steady pace at the Port of Los Angeles and the Port of Long Beach in February.

With the closing of three Japanese ports — Sendai, Hitachinaka and Kashima — some U.S. manufacturers and retailers may be opting for air cargo alternatives to meet shipping and sourcing deadlines.
Posted on 03/16 at 09:14 AM
NewsAir CargoGlobal LogisticsGlobal TradePermalink


Tuesday, March 15, 2011

The long-term financial health outlook for less-than-truckload transportation services provider YRC Worldwide remains cloudy based on details in a 10-K annual report filed with the Securities and Exchange Commission yesterday.
Posted on 03/15 at 10:53 AM
NewsTruckingYRC WorldwideLess-Than-TruckloadPermalink


In a letter to Department of Transportation Secretary Ray LaHood, DeFazio expressed his concern about the plan to allow Mexican trucking companies to operate long-haul trucking operations in the U.S.
Posted on 03/15 at 09:34 AM
NewsGlobal LogisticsTruckingTransportationCross-border TruckingPermalink


USPS officials said that upon ratification by union membership-expected-in the next two months, this deal will run through May 20, 2015 and impact roughly 205,000 employees.
Posted on 03/15 at 08:12 AM
NewsLogisticsUSPSParcel ExpressParcel ShippingPermalink


Following a cumulative 29.8 cent hike over the previous two weeks. Diesel prices checked in with a 3.7 cent increase to $3.908 per gallon, noted the EIA. On an annual basis, diesel prices are up 98.4 cents.
Posted on 03/15 at 07:47 AM
NewsTruckingTransportationEIADiesel PricesPermalink


Monday, March 14, 2011

Import shipment volume for February, measured in twenty-foot equivalent units (TEUs) decreased 9.94 percent from January and increased 9.03 percent over February 2010, reported Zepol Corporation, a trade intelligence company.
Posted on 03/14 at 02:17 PM
NewsGlobal LogisticsOcean FreightGlobal TradePermalink


As truck tonnage levels show decent annual growth levels with capacity remaining tight, it does not come as a surprise to see the trucking spot market continue running along at a swift level. That is the consensus from TransCore which said in a recent release that truckload freight availability increased by 12 percent for the week ending March 5, according to traffic in its TransCore TrendLines report.
Posted on 03/14 at 12:08 PM
NewsTruckingTransportationFTR AssociatesTransCoreSpot MarketAvondale PartnersPermalink


Despite an 11 percent decline in net orders for Class 8 vehicles from January to February, the fundamentals that support demand in the heavy-duty commercial vehicle market remain strong, according to ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Posted on 03/14 at 09:17 AM
NewsTruckingSupply Chain ManagementLogisticsTransportationACT ResearchPermalink



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