Tuesday, April 24, 2012
The price per gallon of diesel dipped 4.2 cents to $4.085 per gallon. This is the steepest weekly drop since prices fell 6.6 cents the week of December 19 from $3.894 to $3.828 per gallon.
Posted on 04/24 at 10:10 AM
Diesel Prices •
Monday, April 23, 2012
March new orders and net orders hit 22,038 units and 20,025 units, respectively, according to ACT.
FTR officials said that the February SCI number reflects a still-strengthening economy, which is reducing the available amount of transportation capacity for shippers.
Posted on 04/23 at 12:16 PM
FTR Associates •
While the idea of a DC Bypass is an exhilarating theory for many companies, few companies have released data to color the dream with facts and figures. Through collaboration with Averitt Express, retailer Tuesday Morning proving to be one such success story.
Friday, April 20, 2012
The Cudahy, Wisconsin-based company announced this week it has acquired all of the outstanding capital stock of Clearwater, Minnesota-based D&E Transport, an asset-light flatbed carrier focused on food and agricultural products. D&E is located 40 miles from the Twin Cities.
In a move signaling a commitment to long-term leadership, The Los Angeles Harbor Commission has unanimously adopted a five-year strategic plan the port
The new multi-million dollar facility is located on Wrangler Crescent SE in Rocky View County and handles shipments throughout Western Canada and pick-up and delivery of FedEx Freight shipments in local communities.
Posted on 04/20 at 08:04 AM
Carload volume—at 276,789—was down 6.4 percent annually, and intermodal volumes—at 234,157—were up 1.6 percent annually
Posted on 04/20 at 07:44 AM
Thursday, April 19, 2012
A new piece of bipartisan legislation rolled out this week by Representatives Chip Cravaack (R-MN) and Tim Bishop (D-NY), entitled H.R. 4350, the Safe Skies Act of 2012, ensures that “pilot rest requirements apply to all air cargo operations.”
Posted on 04/19 at 01:00 PM
Air Cargo •
While prospects of a new long-term transportation bill remain dim, the United States House of Representatives yesterday signed off another extension—the tenth since September 30, 2009—to keep federal transportation funding intact at current spending levels for 90 days through the end of September when the current one expires.