Filed in Logistics
Friday, April 22, 2011
Given the heightened awareness of risk in the supply chain, academics and career advisors are telling young professionals to take on more education as they climb the corporate ladder.
Thursday, April 21, 2011
While the economy continues its gradual recovery, it has become more important than ever for carriers to manage multiple obstacles while re-growing networks and getting back to full strength. That was the main message of three leading trucking and supply chain executives during a panel discussion at this week’s NASSTRAC Logistics Conference and Expo.
Friday, April 15, 2011
For the week ending April 9, carload volume came in at 293,798 for a 1.8 percent annual gain. Intermodal volume was up 12.4 percent at 228,713 trailers and containers.
Thursday, April 14, 2011
According to TransCore, March load volume was up 23 percent from February and 40 percent annually.
Trucking and intermodal services bellwether J.B. Hunt (JBH) kicked off the first quarter earnings season in style with record net earnings of $50.1 million or $0.40 per share compared to net earnings of $37.5 million and $.029 per share a year ago.
Wednesday, April 13, 2011
This increase marks the third time the PCI has been up in the last eight months and the 16th consecutive month it has been up on an annual basis.
With the price per gallon of diesel fuel now officially north of $4, there remains a distinct possibility that future retail sales could tail off or remain relatively flat in the coming months.
Pent-up demand based on various factors continue to point to an upcycle in buying activity for commercial vehicles, according to data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Tuesday, April 12, 2011
A 10.2 cent weekly hike brings the current price to $4.078 per gallon, following a 4.4 cent increase last week and a 2.5 cent gain the week before. Diesel prices have been up 18 of the last 19 weeks. And on an annual basis, the price per gallon for diesel is up $1.009 per gallon.
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March rail carloads—at 1,493,553—were up 3.4 percent compared to March 2010 and up 11.2 percent compared to March 2009, said the AAR. The weekly carload average in March checked in at 298,711.