Friday, March 29, 2013
Annual growth for the third-party logistics (3PL) market in 2013 is expected to be north of 6 percent, with much of current market activity centered around mergers and acquisitions, with many of the same underlying market fundamentals of 2012 still intact, according to Evan Armstrong, president of Armstrong & Associates.
The Association of American Railroads (AAR) reported this week that United States carload and intermodal volumes followed last week’s lead and were both up—rather than the months-long trend of mixed—for the week ending March 23.
Posted on 03/29 at 08:38 AM
Thursday, March 28, 2013
ABF Freight System said today that it has made inroads on its hotly-contested contract with the International Brotherhood of Teamsters that was scheduled to expire on March 31, which has led to a 30-day extension for the National Master Freight Agreement.
Posted on 03/28 at 03:50 PM
ABF Freight •
The Association of American Railroads (AAR) reported in February that U.S. Class I railroads originated a record 233,811 carloads of crude oil in 2012, representing a 256 percent gain (not a typo) from the 65,751 carloads of crude oil originated in 2011.
Posted on 03/28 at 11:14 AM
Rail Freight •
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said this week that trade using all forms of freight transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 3.5 percent in January 2013 compared to January 2012 at $90.5 billion.
Wednesday, March 27, 2013
It's no secret that shippers are coping with a new era of tighter capacity, higher rates, and tougher carrier negotiations. With this in mind, we offer this custom issue designed to help shippers get closer to their carriers.
After being battered by three years of recession that decimated profits, LTL carriers, not surprisingly, are now laser-focused on improving yields and profitability in order to make decent enough returns to recapitalize their businesses and rolling stock. However, smart carriers are also focused on strengthening the relationship they have with their customers.
Posted on 03/27 at 07:23 PM
As shippers continue to track the deteriorating political situation in Egypt, analysts are assessing the possible impact on Suez Canal services.
Analytiqa, a consultancy and research firm based in Hertforshire, England, has published a study that suggests greater opportunities for U.S. shippers seeking to penetrate the vast African marketplace.
Posted on 03/27 at 04:59 PM
Spot market patterns returned to a more normal—or post-recession—pace in February, according to data released by DAT, a subsidiary of Portland, Oregon-based TransCore.
Posted on 03/27 at 12:44 PM
TNT Express, a Netherlands-based provider of mail and courier services and the fourth largest global parcel operator, said this week it is making several moves to improve profitability between now and 2015.