Monday, October 15, 2012
If October comes in strong, POLA says it could reflect a "mini-surge" type of Peak Season.
Commerce reported that September retail sales at $412.9 billion were up 1.1 percent compared to August and up 5.4 percent compared to September 2011, and the NRF reported that September retail sales, which exclude autos, gas stations, and restaurants, were up 0.4 percent on a seasonally-adjusted basis from August and up 2.1 percent on an unadjusted basis annually.
The parties are making good progress on a number of difficult issues at the full committee and subcommittee levels, according to FMCS.
Posted on 10/15 at 08:39 AM
Saturday, October 13, 2012
New research indicates that that the peak month for U.S. imports in 2012 will most likely be July
Posted on 10/13 at 10:38 AM
Friday, October 12, 2012
Pricing on the truckload and intermodal fronts was largely flat on an annual basis, according to the September edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners.
Twelve of 13 indexes decrease, pointing to abundant uncertainty and continued softening of industrial base
Posted on 10/12 at 08:49 AM
Carload volume—283,440—was down 6.3 percent compared to the same week a year ago, and intermodal volumes at 251,113 trailers and containers were up 3.8 percent annually.
Posted on 10/12 at 08:39 AM
Thursday, October 11, 2012
While executives in the container-shipping industry would probably like to forget 2011, the resiliency of industry players will prove itself once again, said analysts at the Boston Consulting Group.
FedEx is expecting nearly $1.6 billion of the planned $1.7 billion in profitability improvements to come from its Express division, according to the Wall Street Journal.
Posted on 10/11 at 12:54 PM
The BTS said that the August Freight TSI at 109.0 is 15.6 percent higher than April 2009’s low point of 94.3 during the recession and is down 4.4 percent from the December 2011 reading of 114.0.