Friday, August 19, 2011
Earlier this week, less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) broke ground on a service center expansion at its Indianapolis-based regional hub.
Although I am an avid newspaper reader, it is hard to embrace much of what I am reading on the front page these days, especially when it comes to news regarding 400 point stock market declines. Some days, of course, the headlines have pointed to gains of similar amounts, too. But with these ups and downs, the only consistent thing we are seeing is just how inconsistent things are. This, of course, does not pertain to just what the market is doing; it also has to do with the big picture.
Posted on 08/19 at 09:30 AM
According to the U.S. Chamber of Commerce, roughly 96 percent of the world’s consumers live outside the United States – holding two-thirds of the world’s purchasing power.
Thursday, August 18, 2011
Truck fuel mileage standards are rising and, almost certainly, so are rates that shippers pay for trucking freight services.
FedEx subsidiary FedEx Trade Networks, the company’s global trade arm said this week it has added three new freight forwarding offices.
June brought an end to nine straight months of Class 8 commercial vehicle backlog improvements, according to data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Tuesday, August 16, 2011
Spot market truckload volumes in July were strong, representing the seventh straight month of record same month spot market freight availability and were up 22 percent on an annual basis, according to new data from TransCore.
Posted on 08/16 at 01:46 PM
Be sure to mark September 30 on your calendar. That is the day the federal gasoline tax expires.
Compared to a booming July 2010, monthly volumes are decent.