Monday, February 22, 2016
Light asset-based less-than-truckload (LTL) carrier SHIFT Freight recently announced it has expanded its service offering to five new states for inbound and outbound shipments, as well as added liftgate service for pickups and deliveries.
Friday, February 19, 2016
Carloads continued to slide, falling 15.4 percent, or 244,344 carloads, annually, and intermodal trailers and containers headed up 10.4 percent annually to 260,814.
Thursday, February 18, 2016
January spot market freight volume fell 9.1 percent in January compared to December as typical truckload line haul rates fell and followed seasonal patterns.
Posted on 02/18 at 01:04 PM
Spot Market •
FTR explained that it expects 2016 to “be a year of placid conditions, with little or no change in the current trend of tight, but adequate capacity.”
Wednesday, February 17, 2016
Today's signing of a new US-Cuba air services pact opening up a scheduled services market closed since the 1960s was greeted with enthusiasm by both United and American Airlines.
Analysts at the Paris-based consultancy, Alphaliner, are reporting that “a new mega alliance appears to be in the making,” as French container shipping major CMA CGM and its Chinese counterpart China COSCO lead efforts to set up a new carrier partnership.
Posted on 02/17 at 03:10 PM
Driven by a steady steam of megadeals, recent data from PwC in its quarterly “Intersections” report showed that 2015 was a banner year for transportation and logistics merger and acquisition (M&A) activity, with total 2015 deal value nearly doubling 2014’s output.
Posted on 02/17 at 11:26 AM
Falling 2.8 cents to $1.980 per gallon, EIA said that this marks the lowest weekly average going back to the week of January 24, 2005, when it was at $1.959 per gallon. Diesel prices have seen a cumulative 50.2-cent drop over the 14-week stretch of declines
Posted on 02/17 at 10:05 AM
Diesel Prices •
Are You Taking a Proactive Approach to Risk Management?
Tuesday, February 16, 2016
The perfect order has evolved — has your workforce management strategy?