Tuesday, November 09, 2010
Following two straight weeks at $3.067 per gallon for diesel gasoline, the price per gallon rose 4.9 cents to $3.116 per gallon for the week of November 8. This marks the sixth straight week of the average price per gallon at $3 or more
Monday, November 08, 2010
Following the lead of its industry brethren, less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) said it is increasing its base rates by roughly 4.9 percent, effective November 15.
Even though import cargo volumes at U.S.-based retail container ports declining on a sequential basis, they are up on an annual basis, according to the most recent Port Tracker report by the National Retail Federation (NRF) and Hackett Associates. In September,U.S. ports handled 1.34 million Twenty-foot Equivalent Units (TEU), which was down 6 percent from August’s 1.42 million TEU and up 17 percent compared to September 2009.
Wayne Johnson, the 2010 NITL Logistics Executive of the Year, remains on the cutting edge of legislative reform. As he enters the next stage of his distinguished career, Johnson chairs the NITL’s Highway Committee and continues to share his knowledge with a new generation of shippers.
Worldwide sales of semiconductors were $26.5 billion in September, a gain of 2.9 percent from the prior month when sales were $25.8 billion, the Semiconductor Industry Association reported.
In an effort to involve more air cargo players in the “security dialogue,” the National Industrial Transportation League has invited some key players to participate in its annual conference next week.
Friday, November 05, 2010
Despite recording a quarterly loss, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) made some inroads in revenues and tonnage on both an annual and sequential basis for the third quarter.
Posted on 11/05 at 11:12 AM
YRC Worldwide •
While various freight trends have seen numerous stops and starts in 2010, intermodal transportation is not one of them, according to the results of the third quarter Market Trends report from the Intermodal Association of North America (IANA). In the third quarter, IANA stated that third quarter intermodal loadings—at 2,995,043—were up 20.3 percent year-over-year. This was ahead of the second quarter’s 2,829,971 and behind the first quarter’s 3,019,310.
Railroad volumes for the week ending October 30 showed continued year-over-year improvement, according to data released by the Association of American Railroads (AAR). Carload volume at 292,884 was up 6.3 percent year-over-year, but down compared to the weeks ending October 23 and October 16 at 302,855 and 303,664, respectively.
With more than three-quarters of 2010 in the books, many of the industry events that comprise what could be called the “fall travel season” have come and gone. But one big event is now less than two big weeks away.
The name of that event? Well, it depends on whom you ask. It is sponsored by three well known organizations: the National Industrial Transportation League (NITL), the Intermodal Association of North American (IANA), and the Transportation Intermediaries Association (TIA). At the end of the day, many people call it TransComp.
Posted on 11/05 at 05:06 AM