Monday, October 06, 2014
Despite service-related issues which continue to receive a fair amount of attention, railroad and intermodal volume for the month of September both saw gains, according to data released by the Association of American Railroads (AAR).
Posted on 10/06 at 09:51 AM
Exports crept 0.2% higher while imports nudged up by 0.1%. The monthly differences versus July were counted in the millions rather than the billions because of the small movements. Indeed, the revision to the July report of a $0.2 billion narrower shortfall matched the $0.2 billion August improvement.
Posted on 10/06 at 08:40 AM
Friday, October 03, 2014
With the September NMI remaining above 50, economic activity in the non-manufacturing sector has grown for the last 56 months, according to ISM. The PMI is up 3.2 percent compared to the 12-month average of 55.4.
Posted on 10/03 at 11:30 AM
Data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers, showed that global trade growth continues to be in a good place, heading into the home stretch of 2014.
Posted on 10/03 at 09:39 AM
Global Trade •
Thursday, October 02, 2014
Average carbon-dioxide emissions for global ocean container transport have declined year on year, and by nearly 8 percent between 2012 and 2013.
As the Transpacific Stabilization Agreement (TSA) carrier discussion group prepares for a new round of service contract negotiations, shippers are being told to expect a new approach to pricing.
Posted on 10/02 at 03:49 PM
Phoenix-based Knight Transportation, one of the top and most profitable truckload companies said this week it has acquired Barr-Nunn Transportation, a dry van truckload carrier based near Des Moines, Iowa.
A weak fourth quarter growth forecast is on the horizon for ocean container volumes in Northern Europe, according to the most recent edition of the Global Port Tracker report from maritime consultancy Hackett Associates and Institute of Shipping Economics and Logistics.
3PL makes its first acquisition in its 85-year history with purchase of the Southeast and Northeast regional hubs of Bloomington, Illinois-based 3PL Nexus Distribution Corporation.
Posted on 10/02 at 07:45 AM
Kane is Able •
Jacksonville, Fla.-based Florida East Coast Railway (FECR), a 351-mile freight rail system on the state’s east coast, recently made two separate announcements. One had to do with an expansion of intermodal services between Charlotte, N.C. and various locations in South Florida and another was related to the company boosting its intermodal capacity through the addition of new equipment.
Posted on 10/02 at 02:13 AM