Filed in Transportation
Tuesday, March 15, 2011
Following a cumulative 29.8 cent hike over the previous two weeks. Diesel prices checked in with a 3.7 cent increase to $3.908 per gallon, noted the EIA. On an annual basis, diesel prices are up 98.4 cents.
Monday, March 14, 2011
As truck tonnage levels show decent annual growth levels with capacity remaining tight, it does not come as a surprise to see the trucking spot market continue running along at a swift level. That is the consensus from TransCore which said in a recent release that truckload freight availability increased by 12 percent for the week ending March 5, according to traffic in its TransCore TrendLines report.
Despite an 11 percent decline in net orders for Class 8 vehicles from January to February, the fundamentals that support demand in the heavy-duty commercial vehicle market remain strong, according to ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
Friday, March 11, 2011
U.S. West Coast seaports and airports remain on high alert today, following the devastating earthquake that struck Japan on Friday
Thursday, March 10, 2011
A prominent industry analyst maintains that several key infrastructural events will shape the global supply chain in the coming years
As the Airforwarders Association annual conference gets underway in San Diego today, the industry continues to focus on the Pacific Rim
Wednesday, March 09, 2011
When I am asked what the big topic in the industries LM covers is these days, there is no surprise of late. It is a one word answer: fuel. How could it really be anything else at this point? If you need more proof, look at the past two weeks of diesel price increases from the Energy Information Administration. They both check in around the 15-cent mark. Ouch.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) increased 0.9 percent in January, following a 1.5 percent gain in December and a 0.3 percent decline in November.
Tuesday, March 08, 2011
On the heels of a 14.3 cent weekly gain, diesel prices saw their single highest weekly increase since May 2008, with a 15.5 cent bump to $3.871 per gallon, according to data from the Department of Energy’s Energy Information Administration (EIA).
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Freight transportation services provider ABF said this week it has rolled out its RPM service to the western one-third of the United States.