Monday, October 31, 2011
TransCore officials said the top paying lane was for short-hauls from Philadelphia to Boston, with average round trip rates at $2.09 per mile, which was up 1 percent from the previous week
Beneficial cargo owners are rightfully concerned that the Occupy Wall Street movement may cause disruption at the nation’s seaports
Posted on 10/31 at 10:45 AM
As noted in Part I of this series, supplier transparency is key to any reverse cycle.
Late last week, the Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) said that its new Hours-of-Service (HOS) rule that was scheduled to be rolled out on Friday, October 28 has been pushed back.
Friday, October 28, 2011
The ongoing economic “volatility” is teaching manufacturers and retailers a great deal about squeezing the margins of inventory and creating a viable and sustainable alternative distribution network.
During the third quarter earnings season to date, it appears that less-than-truckload carriers are in a good groove, when it comes to pricing.
Carload volume—at 301,864—was down 0.5 percent year-over-year and behind the week ending October 15, which hit 303,363.
Thursday, October 27, 2011
Container handling at Bangkok’s seaport has so far not been affected by the storm that has hit the Thai capital, although the Port Authority of Thailand is taking preventive action against the possibility of flash floods
Earlier today, the Department of Commerce announced that U.S. Gross Domestic Product (GDP) rose by 2.5 percent in the third quarter. This is a good sign but it should not even begin to suggest that happy days are here again.
U.S. Chamber of Commerce President and CEO Thomas J. Donohue said the nation must spend more on infrastructure and mildly endorsed the need to increase the federal fuel tax, which stands at18.4 cents on gasoline, 23.4 cents on diesel and has been unchanged since 1993.