Friday, October 17, 2014
Carload volume headed up 4.3 percent to 298,376, and intermodal units, at 273,376 containers and trailers were up 4.8 percent annually.
Posted on 10/17 at 07:32 AM
Thursday, October 16, 2014
In light on various service-related freight railroad service issues, the Department of Transportation’s Surface Transportation Board (STB) recently announced it is now requiring Class I railroads to publicly file weekly data reports on service performance. These weekly reports are slated to begin on October 22.
Posted on 10/16 at 01:00 PM
Railroad Shipping •
According to its data, spot market volume for the month of September was up 32 percent on an annual basis and set a new record for the 14th straight month, with gains for each of the three equipment categories it tracks, including load availability for: dry vans up 42 percent; refrigerated (reefer) up 24 percent; and flatbed volume up 46 percent.
Posted on 10/16 at 09:40 AM
spot market •
Wednesday, October 15, 2014
FedEx Freight and Con-way Freight, two of the largest non-union LTL carriers in the nation, are battling organizing efforts by the Teamsters union in a closely watched unionization effort.
With the holiday shopping set to gear up in a few weeks, it looks like the retail sector could use a seasonal spark based on declining retail sales in September, according to data issued by the United States Department of Commerce and the National Retail Federation (NRF).
CSX reported it had record third quarter earnings of $509 million or $0.51 per share, which was up 10.6 percent annually over $455 million and $0.45 per share and ahead of Wall Street estimates of $0.48 per share.
Posted on 10/15 at 09:08 AM
Railroad Shipping •
Port staff was directed by the full Harbor Commission at the urging of Slangerup to come up with a proposal within 30 days to obtain additional chassis.
Dropping 3.5 cents, the average price per gallon now stands at $3.698, which is 32.3 cents below the 2014 high of $4.021 during the week of March 10. The average price per gallon is down 18.8 cents year-over-year.
Posted on 10/15 at 07:50 AM
Tuesday, October 14, 2014
In order to get a better perspective on how things can be better in 2014 than 2013, LM spoke with Dr. Victor Allis, CEO of Quintiq, a supply chain vendor specializing in a single optimization and planning platform. Allis provided a unique perspective of the challenges faced last year by various supply chain stakeholders, one of which was managing demand with some help from sales and operations planning (SOP) processes.
Posted on 10/14 at 03:34 PM
With holiday-related e-commerce sales expected to head up, supply chain stakeholders are putting a heavy focus on forecasting, planning, and preparation for whatever comes their way.
Posted on 10/14 at 11:51 AM