Filed in Supply Chain Management
Friday, April 29, 2011
Like the preceding week, rail traffic was mixed for the week ending April 23 compared to last year, according to data released by the Association of American Railroads (AAR).
Thursday, April 28, 2011
At last week’s NASSTRAC Logistics Conference & Expo in Orlando, Fla., LM Group News Editor Jeff Berman had an opportunity to speak with Leathers about myriad industry-related topics, including energy prices, modal shifts, and government regulation, among others.
Wednesday, April 27, 2011
Coming off of its first monthly decline in three months in February, truck tonnage returned to growth mode in March, according to data released by the American Trucking Associations (ATA).
Tuesday, April 26, 2011
Company officials said this new offering will provide service for Saturday deliveries into the U.S. from Mexico that need to arrive in the Midwest or Ontario, Canada by Monday morning.
Despite increasing fuel costs and harsh winter weather conditions, UPS reported today that first quarter revenue—at $12.58 billion—was up 7.3 percent year-over-year.
Monday, April 25, 2011
Following a 15 percent decline in United States-bound waterborne shipments from January to February, data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, showed that shipments were up 4 percent from February to March.
When a Wall Street Journal article reported that rail shipping woes were impacting auto deliveries, industry experts told LM the situation is not as dire as it seems.
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
As various factors such as increasing diesel prices, tight capacity, and rate pressure continue to take hold in the freight transportation market, they appear to be taking a toll on shippers, according to the April edition of the Shippers’ Condition Index (SCI) released this week by freight transportation consultancy FTR Associates.
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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.