Wednesday, August 04, 2010
Capegemini Consulting announced figures from the third edition of its Global Trade Flow Index which indicates a slight uptick in growth.
Posted on 08/04 at 06:58 AM
Tuesday, August 03, 2010
The voice of reason was sounded in the Senate yesterday when legislation was introduced to suspend the 100 percent scanning requirement for ocean cargo containers.
Shipments and expenditures are both down, and other freight indices are showing some recent slippage.
Canadian National Railway and TSI Terminal Systems recently announced they have taken the next step and signed a Service Level Agreement, following a Memorandum of Understanding inked in June in an effort to draw greater volumes and enhanced service levels for shippers at Port Metro Vancouver.
Citing improving business conditions, second quarter earnings for less-than-truckload transportation services provider YRC Worldwide (YRCW) showed some sequential and annual gains, although the company posted quarterly net and revenue losses.
In a blow to free enterprise, Rep. Jerrold Nadler, D-N.Y. introduced a bill last week mandating the use of union drayage drivers at all U.S. seaports
Monday, August 02, 2010
Late last week, Congress passed House passed the Airline Safety and Federal Aviation Administration Extension Act of 2010, which will extend FAA’s funding through September 30.
Posted on 08/02 at 03:45 PM
Air Cargo •
The Institute of Supply Management reported today manufacturing activity in July was basically flat compared to June.
Trucking tonnage saw its second decline since February, with the American Trucking Associations (ATA) reporting that its advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.4 percent in June.
Railroad volumes for the week ending July 24 were down year-over-year and up compared to 2008, according to the Association of American Railroads (AAR).