All News Entries
Thursday, December 16, 2010
A combination of factors led to net income for the fiscal second quarter at FedEx to drop 18 percent to $283 million, according to the company’s earnings announcement today.
Wednesday, December 15, 2010
In the continuing story surrounding the Panama Canal expansion, The North Carolina State Ports Authority appears to writing the latest chapter
The case for heavier trucks received good news in Washington, D.C. this week, with Senator Susan Collins (R-Maine) stating that the Senate Appropriations Committee, on which she serves as a member, support a one-year extension of a pilot program that exempts Maine’s federal highways from the 80,000 pound federal truck weight limit.
Import cargo volumes at U.S.-based retail container ports are expected to see gains on an annual basis in December and for all of 2010, according to the most recent Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
The World Trade Organization ruled this week that the United States acted within its rights when it raised import taxes on Chinese tires by as much as 35 percent. Not all supply chain experts here approve.
National less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) said it has opened up a new service center in Casper, Wyoming in an effort to better serve shippers in this area.
Tuesday, December 14, 2010
Even though California’s economic recovery remains a work in progress, Golden State exporters turned in their best performance ever for the month of October.
Retail sales showed continued strength as November numbers showed annual gains, according to data released by the United States Department of Commerce and the National Retail Federation (NRF).
Con-way Freight, the less-than-truckload (LTL) subsidiary of freight transportation and logistics services provider Con-way, said this week that it has begun construction on a new service center in San Antonio, Texas. The new location will be comprised of 105 doors, 41,500 square feet, and 30 acres
Diesel prices rose another 3.4 cents this week to $3.231 per gallon for the week of December 13, following a 3.5 cent bump for the week of December 6, according to data from the Department of Energy’s Energy Information Administration (EIA).