All Entries

Tuesday, November 09, 2010

In light of the October attempt by terrorists to send explosives originating from Yemen to the United States on cargo and passenger planes, the White House and the Department of Homeland Security (DHS) yesterday issued a number of steps to augment security and tighten existing measures pertaining to U.S.-bound cargo.

Ocean carriers and ports are not often given the chance to share the stage when it comes to articulating a common strategy. Even when pursuing a similar goal, the tactics can be at cross purposes.

Following two straight weeks at $3.067 per gallon for diesel gasoline, the price per gallon rose 4.9 cents to $3.116 per gallon for the week of November 8. This marks the sixth straight week of the average price per gallon at $3 or more

Monday, November 08, 2010

Following the lead of its industry brethren, less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) said it is increasing its base rates by roughly 4.9 percent, effective November 15.

Even though import cargo volumes at U.S.-based retail container ports declining on a sequential basis, they are up on an annual basis, according to the most recent Port Tracker report by the National Retail Federation (NRF) and Hackett Associates. In September,U.S. ports handled 1.34 million Twenty-foot Equivalent Units (TEU), which was down 6 percent from August’s 1.42 million TEU and up 17 percent compared to September 2009.

Wayne Johnson, the 2010 NITL Logistics Executive of the Year, remains on the cutting edge of legislative reform. As he enters the next stage of his distinguished career, Johnson chairs the NITL’s Highway Committee and continues to share his knowledge with a new generation of shippers.

Worldwide sales of semiconductors were $26.5 billion in September, a gain of 2.9 percent from the prior month when sales were $25.8 billion, the Semiconductor Industry Association reported.

In an effort to involve more air cargo players in the “security dialogue,” the National Industrial Transportation League has invited some key players to participate in its annual conference next week.

Friday, November 05, 2010

Despite recording a quarterly loss, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) made some inroads in revenues and tonnage on both an annual and sequential basis for the third quarter.

While various freight trends have seen numerous stops and starts in 2010, intermodal transportation is not one of them, according to the results of the third quarter Market Trends report from the Intermodal Association of North America (IANA). In the third quarter, IANA stated that third quarter intermodal loadings—at 2,995,043—were up 20.3 percent year-over-year. This was ahead of the second quarter’s 2,829,971 and behind the first quarter’s 3,019,310.