Wednesday, April 11, 2012
Following four straight quarters of increasing turnover rates for truckload drivers at large fleets, data from the American Trucking Associations (ATA) found that the turnover rate in the fourth quarter declined, albeit very slightly.
Fuel costs are increasing by the day with no sign of letting up and these increasing costs along with inefficient asset utilization are having a dramatic impact on the margins of organizations with fleet operations.
If you are a shipper hoping that diesel prices will start heading down after being above the $4 per gallon mark over the last several weeks, you may need to temper your expectations. The latest reason for this sentiment comes from the United States Department of Energy’s Energy Information Administration (EIA) in its recently updated Short-Term Energy Outlook.
Posted on 04/11 at 09:09 AM
Diesel Prices •
Tuesday, April 10, 2012
Container shipping lines in the Westbound Transpacific Stabilization Agreement are recommending a further round of incremental rate increases to dry and selected refrigerated commodities
While a Reuters report indicated that global third-party logistics (3PL) services provider BDP International was in talks to with private equity firms to make the company available to be sold, BDP stated that is not the case.
Posted on 04/10 at 01:37 PM
BDP International •
This comes on the heels of six consecutive months of improvements in small business optimism
Posted on 04/10 at 12:58 PM
As the economy continues to show moderate signs of growth, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates expects import cargo volumes at U.S. ports to post a 3.2 percent annual gain in April.
March shipments at 1.094 were up 2.1 percent compared to February and down 1.3 percent compared to March 2011. Expenditures at 2.317 were up 1.0 percent compared to February and up 4.3 percent compared to March 2011.
Diesel prices resumed its growth path this week, increasing $0.6 cents to $4.148 cents per gallon and remaining above the $4 per gallon mark for the seventh straight week, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 04/10 at 08:43 AM
Diesel Prices •
Monday, April 09, 2012
The survey revealed that the number of carriers saying they are using more brokerage services doubled from 15 percent in August 2011 to nearly 33 percent in February 2012, with 67 percent saying they are using fewer brokers.