Friday, February 06, 2015
Carloads for the month were up 5.6 percent, or 61,864 carloads, at 1,160,84, and intermodal was up 0.9 percent, or 8,658 units, at 1,005,067 trailers and containers.
Posted on 02/06 at 12:32 PM
YRC Worldwide, continuing its turnaround under CEO James L. Welch, posted its second straight quarterly profit in the fourth quarter of last year.
Posted on 02/06 at 12:00 PM
YRC Freight •
USPS reported a $754 million net loss for the quarter, following a $5.5 billion net loss for all of fiscal 2014.
Posted on 02/06 at 11:35 AM
In a move designed to expand and broaden its services for trade lanes that connect key destinations in Latin America, FedEx Trade Networks, the global forwarding arm of FedEx, said this week it has rolled out multiple new trade lanes.
Posted on 02/06 at 09:19 AM
Thursday, February 05, 2015
Read our latest special report designed to take the mystery out of the cross-border challenge and put U.S. companies on the road to faster growth.
Posted on 02/05 at 04:07 PM
Looking at the planned $29 million in projected 2015 spending, the AAR said that equates to roughly $79 million a day, while bringing the total investment made by freight railroads going back to 1980 to $575 billion.
Posted on 02/05 at 01:54 PM
While surface transportation received a fair amount of funding in the White House’s proposed Fiscal Year 2016 budget, which was released earlier this week, the early feedback from the American Association of Port Authorities (AAPA) is that more attention–primarily in the form of increased funding–is needed to meet the international trade needs of the U.S. economy.
Posted on 02/05 at 11:38 AM
Wednesday, February 04, 2015
Seeking to break the deadlock in stalled West Coast longshore negotiations, the Pacific Maritime Association has made an “all-in” contract offer that would significantly increase compensation to members of the International Longshore and Warehouse Union (ILWU).
Posted on 02/04 at 08:56 PM
FTR’s preliminary data for January showed 35,060 units ordered, which was down from how 2014 ended, with three straight months of 40,000-plus units ordered.
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 56.7 in January, which was 0.2 percent ahead of December and also 0.2 percent ahead of the 12-month average of 56.5. Economic activity in the non-manufacturing sector has grown for the last 60 months, according to ISM.