Tuesday, June 26, 2012
The EIA said that weekly prices fell 5.1 cents to $3.678 per gallon. This follows last week 5.2 cent decline. The current price per gallon stands as the lowest weekly diesel price since the week of February 21, 2011 which was $3.573 per gallon.
Posted on 06/26 at 10:19 AM
Diesel Prices •
Late last week, a U.S. District judge in the District of Columbia granted class action certification to shipper plaintiffs in a lawsuit which maintains that four United States-based Class I railroads—Burlington Northern Santa Fe, Union Pacific, Norfolk Southern Corp., and CSX—worked together , or colluded, on fuel surcharges assessed to shippers.
Each year the Agriculture Transportation Coalition surveys a broad and diverse cross-section of the U.S. agriculture and forest products exporters and importers, from all geographic locations, of virtually all dry and refrigerated products, via dry and refrigerated container, to determine the ocean carrier performance
Monday, June 25, 2012
United States Transportation Secretary Ray LaHood announced the latest round of funding for the Department of Transportation’s (DOT) TIGER (Transportation Investment Generating Economic Recovery (TIGER) 2012 program. LaHood said that 47 transportation projects in 34 states and the District of Columbia will receive about $500 million in TIGER grant funding.
Transportation costs unquestionably impact a company’s financial performance. And yet, for most CFOs, controlling these costs sits far down on the priority list
Posted on 06/25 at 12:38 PM
Last week, LM Group News Editor Jeff Berman conducted an on-stage interview with Jack Holmes, president of UPS Freight, the less-than-truckload (LTL) subsidiary of UPS at the 10th annual eyefortransport 3PL Summit, which was held in Chicago. Holmes provided an in-depth look at the LTL sector and how LTL’s and shippers should—and could—work well together, among other topics.
Posted on 06/25 at 12:33 PM
Governments, shipping organizations, companies, ship owners and all other parties concerned are invited to promote and celebrate the day in an appropriate and meaningful manner.
Posted on 06/25 at 09:01 AM
Ocean Cargo •
Saturday, June 23, 2012
The McKinsey Global Institute analysts noted that over the past three decades – as developing economies industrialized and began to compete in world markets – a global labor market started taking shape
Posted on 06/23 at 04:44 PM
Supply Chain •
Southern regions remain relatively strong in manufacturing, with eight metropolitan areas on that list.
All the major players are telling shippers the General Rate Increases (GRI’s) will not be jeopardized by competition offering deep discounts this year