Monday, October 04, 2010
OK—I guess it is not a surprise at this point, but it looks like any type of economic recovery occurring (it is, right?) is being driven by manufacturing rather than the more typical leader, consumer spending.
Even though the economy remains stuck in neutral, it appears that the trucking market may be gaining some sustained momentum, based on the September edition of the Cass Information Systems Freight Index.
Friday, October 01, 2010
The Institute of Supply Management reported that manufacturing activity in September was down compared to August.
Soon after less-than-truckload (LTL) transportation service providers YRC Worldwide and ABF Freight System announced matching 5.9 percent general rate increases, FedEx Freight said this week it is upping its GRI a bit higher at 6.9 percent, effective November 1.
Posted on 10/01 at 09:58 AM
As noted in today’s news, the U.S. Department of Justice may not be through with naming forwarders guilty of price-fixing.
Posted on 10/01 at 08:20 AM
While news that half a dozen major international freight forwarders have plead guilty to price-fixing, there may be more collateral damage to come.
Posted on 10/01 at 08:06 AM
Air Cargo •
Another week, another 2010 record for intermodal volumes. That seems to be the case these days, according to data released this week by the Association of American Railroads (AAR).
Posted on 10/01 at 06:55 AM
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 18.8 percent in July 2010 compared to July 2009, increasing to $61.3 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
Thursday, September 30, 2010
Following news earlier this week that less-than-truckload transportation services provider YRC Worldwide (YRCW) won another round of concessions from the Teamsters Union, the company announced on September 29 that its board of directors has approved a tentative agreement with the Teamsters.
Posted on 09/30 at 02:01 PM
If some experts are correct, the Panama Canal expansion will transform global shipping and sourcing for generations to come.