Friday, September 30, 2011
Carload volume—at 305,133—was up 1.1 percent annually and approached the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
Thursday, September 29, 2011
C.H. Robinson Worldwide (CHRW) announced this week that its subsidiary C.H. Robinson Company has acquired Timco Worldwide, a Davis, Calif.-based provider and marketer of quality produce, specifically melons.
When it comes to the economy, the term sideways is perfectly appropriate. How else is there to explain the constant state of “sameness” on a month-to-month basis? This sentiment could apply to several economic indicators like retail sales, industrial production and transportation volumes to name a few.
Logistics Management Group News Editor Jeff Berman recently spoke with new Con-way Freight President Greeg Lehmkuhl and Con-way President and CEO Doug Stotlar about Con-way Freight, the LTL market, and other factors impacting the trucking industry.
Wednesday, September 28, 2011
In a letter to President Barack Obama, Representative John Mica (R-FL) and three other members of Congress outlined their many concerns over the Department of Transportation’s proposed changes to the hours-of-service (HOS) rules for truck drivers.
Posted on 09/28 at 12:00 PM
In its most recent edition of the Trucking Activity Report, the ATA reported that the turnover rate for over-the-road truckers hit 79 percent in the second quarter of 2011, marking the third straight quarter of increased turnover rates in the driver market.
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 18.1 percent in July 2011 compared to July 2010, coming in at $72.4 billion.
Tuesday, September 27, 2011
The American Trucking Associations (ATA) reported today that tonnage on a seasonally-adjusted basis fell for the third time in the last four months.
This nearly 5 cent dip follows 2.9 cents and 0.6 cent decreases over the previous two weeks, respectively
As many factors related to the economy remain highly uncertain, data released by freight transportation forecasting firm FTR Associates indicates that business conditions for shippers are better than they were earlier in the year but are again showing signs of slipping.