Friday, October 14, 2011
Taking steps to expand its extensive logistics services menu for shippers, non asset-based third-party logistics (3PL) services provider Transplace said this week it has joined forces with Chicago-based intermodal marketing company (IMC) Celtic International to “form a leading North American logistics provider,” according to company officials.
In September, the consumer sentiment index inched up as the negativity related to the political bickering and finger pointing in Washington D.C. over the debt ceiling crisis started to wear off a little, said analysts at IHS Global Insight.
Carload volume—at 302,500—was up 2.1 percent annually and was behind the week ending October 1, which hit 312,170 carloads, and is the highest weekly carload mark for 2011, according to AAR data.
In keeping with observations made by shipping analysts in London and Copenhagen, a major U.S. trade intelligence company said ocean carrier capacity continues to outstrip demand
The September uptick in retail sales brought about some feelings of optimism regarding a possible economic recovery for some analysts, but there is a general consensus that more evidence of growth is needed over a longer period of time.
Thursday, October 13, 2011
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) was up 0.4 percent from July to August.
The Department of Homeland Security’s Transportation Security Administration (TSA) recently announced that it no longer plans to proceed with intended plans to accelerate the deadline for screening United States-bound air cargo to December 31, 2011.
Posted on 10/13 at 12:46 PM
Air Cargo •
Transportation Secretary Ray H. LaHood is vowing to go to the mat against his former House Republican colleagues in winning $10 billion in seed money to create a national infrastructure bank to fund freight projects of national significance.
Earlier this week, Class I rail carrier CSX announced that work it has made significant progress with its National Gateway project, with work either completed or construction underway at one-third of the National Gateway’s clearance projects.
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Posted on 10/13 at 10:02 AM