Tuesday, January 10, 2012
Following a six-week stretch in which the price per gallon for diesel gasoline headed down, priced headed up 4.5 cents this week to $3.828 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Posted on 01/10 at 10:37 AM
Diesel Prices •
Monday, January 09, 2012
Railroad and intermodal volumes continued to move in the right direction in 2011, according to data released by the Association of American Railroads (AAR).
As if U.S. West Coast ports didn’t have enough to worry about, a new competitor is surfacing South of the Border to challenge them.
The once tenuous situation regarding a potential railroad strike received more good news last week, when the National Railway Labor Conference said that three more railroad unions have ratified new contracts with the Class Is.
Posted on 01/09 at 11:09 AM
Rail Freight •
The latest saga in the grounding of the cargo vessel, Rena, has the government of New Zealand taking emergency actions.
Once the sale of the building, which will remain open until March 31, is complete, the report said YRCW will have roughly 4,000 employees based in Ohio.
In today’s world of fluctuating order volumes, rising transportation costs and declining capacity, it’s critical for shippers and carriers to take a true partnership approach.
Friday, January 06, 2012
Now that we are officially into 2012, it is a good time to assess just how things stand in regards to what is ahead of us. Compared to recent years, the dismal 2009 comes to mind, it stands to reason that things could truly be much worse. But at the same time we have many things to be concerned about.
The total container capacity of ships deployed on liner trades grew by 7.3 percent in 2011 to reach 15.90 million TEU according to Alphaliner, the Paris-based shipping consultancy.
Following two straight months of declining freight shipments and expenditures, the December 2011 edition of the Cass Freight Index inched closer to positive territory.