All News Entries
Tuesday, May 12, 2015
East Coast ports are growing at a faster rate than their West Coast counterparts, according to the inaugural edition of CBRE Groups’s Inc. “North America Ports Logistics Annual Report.”
Posted on 05/12 at 01:23 PM
Data issued this week by the Department of Energy’s Energy Information Administration (EIA) showed that the average price per gallon of diesel headed up 2.4 cents to $2.878 per gallon, rising for the fourth straight week.
Posted on 05/12 at 08:50 AM
Diesel Prices •
A combination of market factors contributed to sustained level of market softness in the most recent edition of the Trucking Conditions Index from freight transportation forecasting firm FTR.
Posted on 05/12 at 08:25 AM
Monday, May 11, 2015
Late last week, the United States Postal Service (USPS) announced it had a $1.5 billion net loss for the fiscal second quarter compared to a $1.9 billion net loss for the same period last year. This follows a fiscal first quarter net loss of $754 million and a $5.5 billion fiscal 2014 net loss.
Posted on 05/11 at 09:43 AM
Friday, May 08, 2015
Leveraging a theme of improvement, following a tentative West Coast port labor dispute agreement between the Pacific Maritime Association and the International Longshore & Warehouse Union (ILWU) reached in late February, the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates painted a positive picture, with import cargo levels at U.S.-based retail container ports slowly getting back to normal levels.
Posted on 05/08 at 11:52 AM
United States carloads dipped 5.3 percent, or 78,712, annually, to 1,403,044, and intermodal containers and trailers saw a 5.1 percent annual jump in April, up 67,513 units to 1,383,314.
Thursday, May 07, 2015
In the wake of the Final Rulemaking issued by the Department of Transportation’s Federal Railroad Administration and Pipeline and Hazardous Materials Safety Administration (FRA) last week, the feedback by the freight railroad sector has been less than positive.
Posted on 05/07 at 12:07 PM
In certain periods of time, there tends to be trends, themes, or takeaways that are top of mind when addressing or viewing certain things. In recent months, two of the major talking points in the supply chain and logistics space have been the West Coast port labor disruption and the drop in oil prices. Those two items were featured as the “special questions related to the early months of 2015” in the Institute for Supply Management’s Spring 2015 Semiannual Economic Forecast issued earlier this week. Each question was presented to the ISM’s manufacturing and non-manufacturing member respondents.
Posted on 05/07 at 10:23 AM
In what as being described as an effort to “restore service levels,” container shipping lines comprising the Transpacific Stabilization Agreement (TSA) are attempting to pull off a significant rate hike this summer.
Wednesday, May 06, 2015
Disruptions at West Coast ports, which were resolved at the end of February, may have distorted the numbers
Posted on 05/06 at 04:43 PM