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Friday, July 16, 2010
Steady economic improvement throughout the course of the second quarter paved the way for an excellent performance for trucking and intermodal services provider J.B. Hunt.
Con-way Truckload, a subsidiary of transportation and logistics services provider Con-way, said this week it has introduced a new offering for shippers to better utilize trailer space, as well as better effectively secure freight to prevent shipment damage.
Penske Truck Leasing, a subsidiary of global transportation services provider Penske Corporation, said this week it has opened up a new facility in Tijuana, Mexico.
Posted on 07/16 at 09:18 AM
Railroad volumes for the week ending July 10 were down year-over-year and compared to 2008, according to the Association of American Railroads (AAR).
Thursday, July 15, 2010
Even though year-over-year comparisons were relatively easy, June volumes at the Ports of Los Angeles (POLA) and the Port of Long Beach (POLB) turned in strong performances.
The market for Class 8 vehicles continues to show sustained strength, according to recent data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
In a move designed to expand its services in the Midwest, less-than-truckload (LTL) transportation services provider New England Motor Freight (NEMF) said this week it has opened up a new terminal in Toledo, Ohio.
Wednesday, July 14, 2010
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) fell 0.4 percent in May, following two months of sequential increases.
As was the case in May, retail sales were down slightly in June but were up year-over-year, according to data released by the United States Department of Commerce and the National Retail Federation.
Posted on 07/14 at 09:52 AM