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Tuesday, December 13, 2011
Despite relatively slight gains, retail sales in November were up for the sixth straight month, according to data released today by the United States Department of Commerce.
The price per gallon for diesel fuel dropped for the third straight week, falling 3.7 cents to $3.894 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 12/13 at 10:04 AM
Diesel Prices •
A Bloomberg report indicates that many shippers are in favor of increased truck sizes and weights.
Monday, December 12, 2011
As expected, the “Occupy” movement’s plans to shut down West Coast ports proved to be largely symbolic, having a minimal impact on cargo operations at most major ocean cargo gateways
The American Trucking Associations said the turnover rate for this category hit 89 percent in the third quarter, following rates of 75 percent and 79 percent in the first and second quarter, respectively.
At a time when volumes and capacity are relatively tight, there is a fair amount of optimism in the trucking industry, according to the results of the Fourth Quarter 2011 Transport Capital Partners (TCP) Business Expectations Survey.
The company said that Monday, December 12 is expected to be the busiest day in its almost 40-year history, pegging today’s shipment count to check in at around 17 million, which is about twice as much a typical day’s average volume.
Friday, December 09, 2011
November carloads—at 1,476,635—were up 2.3 percent annually, marking the largest annual gain since last March.
Posted on 12/09 at 01:29 PM
Thursday, December 08, 2011
As West Coast ports from Anchorage to San Diego brace themselves for the planned onslaught of “occupy” forces on Monday, December 12, beneficial cargo owners may be wondering what role organized labor will be taking in response.
Data published by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, and freight transportation forecasting firm and consultancy FTR Associates indicated that preliminary data for Class 8 trucks in November is down from October.