All News Entries
Wednesday, September 03, 2014
Diesel prices dropped again this week, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price per gallon fell 0.7 cents to $3.814 per gallon.
Posted on 09/03 at 10:06 AM
Diesel Prices •
Non asset-based 3PL XPO Logistics said yesterday it formally completed its acquisition of New Breed Logistics, a non asset-based 3PL focusing on contract logistics services, for roughly $615 million.
Posted on 09/03 at 09:43 AM
XPO Logistics •
The Port of Seattle’s search for a new leader appears to be at end as its commission named Ted J. Fick to take over as CEO late last week.
Tuesday, September 02, 2014
The value of exports from America’s Foreign-Trade Zones increased by 13.7 percent in 2013, to a record-high 79.5 billion in merchandise exported, according to figures released by the U.S. Foreign-Trade Zones Board in its Annual Report to Congress.
Posted on 09/02 at 03:49 PM
While summer may be nearing its end, the climate in the manufacturing sector remains very warm, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management.
Posted on 09/02 at 12:57 PM
When publicly-traded Class I freight railroad and intermodal service providers issued second quarter earnings results earlier this summer, the topic of less than ideal service on the rails was a common theme within the earnings releases and question and answer sessions with top management at those companies.
Wednesday, August 27, 2014
FedEx Ground, a subsidiary of FedEx Corporation, reports today that a decision by a three-judge panel of the United States Court of Appeals for the Ninth Circuit reversed previous rulings by the District Court for the Northern District of Indiana in three class action cases involving mostly former independent contractors for FedEx Ground
Monday, August 25, 2014
Middlemen comprising the Transportation Intermediaries Association made money last quarter, say researchers.
Thursday, August 21, 2014
Carload volumes were up 2.8 percent at 304,276, and intermodal volume for the week ending August 16 was up 5.4 percent at 270,316 containers and trailers.
Posted on 08/21 at 11:21 AM
Company officials said this service will be provided without any type of additional cost for customer shipments traveling from Ohio, Michigan, and Indiana, with expedited services available to customers outside of this area.
Posted on 08/21 at 09:17 AM