Tuesday, December 16, 2014
A week ago, the average price per gallon of diesel gasoline saw its steepest decline in more than two years, when it fell 7 cents to $3.535. This week took that decline a step further, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price this week fell 11.6 cents to $3.419 per gallon.
Posted on 12/16 at 11:19 AM
Diesel Prices •
With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.
The Highway Trust Fund is irretrievably broken and should be eliminated in favor of a new system of revenue streams or by dedicating a portion of the federal income tax to pay for transportation. That’s the conclusion of a new multi-year report by the Eno Foundation, an influential Washington transportation think tank. The report, released in early December, was funded by the Rockefeller Foundation.
Monday, December 15, 2014
The biggest issue for transport in 2015 is funding for Interstate highways. That current funding will expire in May after a stop-gap nine-month continuing resolution expires. Whether the new Congress has the gumption to tackle the sticky problem of how to pay for much-needed highway and bridge reconstruction is an open question, however.
Trucking sector warmly endorses move to suspend two consecutive 1 a.m.-5 a.m.rest periods during 34-hour restart period.
Posted on 12/15 at 10:04 AM
Friday, December 12, 2014
In reviewing the proposed $1.01 trillion Consolidated and Further Continuing Appropriations Act of 2015 hammered out in Congress late last week, the American Association of Port Authorities noted that there are significant increases for the U.S. Army Corps of Engineers’ Harbor Maintenance Tax operations and maintenance activities and construction budgets, and for the Environmental Protection Agency’s Diesel Emissions Reduction Act grants program.
Posted on 12/12 at 04:29 PM
The most recent edition of the Trucking Conditions Index from freight transportation forecasting firm FTR continue to echo the ongoing theme that current market conditions continue to support carriers.
Posted on 12/12 at 11:23 AM
Non asset-based third-party logistics (3PL) services provider Transplace recently announced it has expanded its Canadian division operations, opening up new locations in Calgary and the Greater Montreal area.
Posted on 12/12 at 10:27 AM
Carloads were up 11.7 percent compared to the same timeframe a year ago at 311,955, and intermodal was up 2.1 percent at 268,153 container and trailers.
Posted on 12/12 at 02:39 AM
Thursday, December 11, 2014
Transportation management systems (TMS) -- once only a solution for mega-shippers -- are becoming as common in the trucking industry as air horns and antilock brakes. Costs of adopting a TMS are coming down, and access and usability is easier than ever thanks to the technology's move in the cloud.