Filed in Logistics
Thursday, May 26, 2011
Members of the Senate Environment and Public Works (EPW) Committee have been working on draft legislation focusing on reauthorizing the country’s surface transportation programs.
Earlier this week, UPS marked the one-year anniversary of its Shenzhen Asia Pacific hub, which serves the company’s entire intra-Asian network. UPS also announced that in June it is rolling out a new direct weekly flight from Guam to Hong Kong, which connects Guam to the rest of the world.
Tuesday, May 24, 2011
Recent data from TransCore indicated that spot market truck capacity recorded its single highest weekly volume in the last six months. The firm said that truck availability rose 8.0 percent on its DAT Network of load boards, with truck postings for all equipment types seeing gains, including: flatbeds up 8.4 percent; reefer vans up 8.3 percent, and dry vans are up 4.9 percent from the week of May 7 to the week of May 14.
Friday, May 20, 2011
Carload volume—at 294,271—was up 1.6 percent annually and ahead of the week ending May 7 at 281,860.
Thursday, May 19, 2011
The National Gateway is a roughly $850 million public-private partnership (PPP) infrastructure initiative designed to provide a highly efficient freight transportation link between the Mid-Atlantic ports and the Midwest. It was first unveiled by CSX in May 2008.
Global third-party logistics (3PL) services provider CEVA is continuing to increase its presence in the United States. The company announced this week it has relocated its cross-dock operations to a new facility in Otay Mesa, California, which is less than three miles from its previous location.
The ongoing rebound in that transportation and logistics merger & acquisition activity appears to continue to be gaining traction, according to PricewaterhouseCoopers (PwC).
Wednesday, May 18, 2011
ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said this week that net orders for North American Class 8 vehicles checked in at 38,100 units on a non-seasonally adjusted basis in April.
Tuesday, May 17, 2011
Freight movement needs a coordinated national freight strategic plan and dedicated source of funds in the next surface transportation bill, and major industry players need to be aggressive in selling that message to legislators obsessed with cutting federal transportation spending. That’s the word from the annual conference of Coalition for America’s Gateways and Trade Corridors, a ten-year-old Washington coalition of freight interests that includes shippers, builders, ports, intermodal interests, and other stakeholders.
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Friday, May 13, 2011
April retail sales, which include non-general merchandise like automobiles, gasoline, and restaurants, were $389.4 billion for a 0.5 percent increase from March and a 7.6 percent increase compared to April 2010, according to Commerce data. Commerce said that total retail sales from February through April were up 8.1 percent annually.