Filed in Transportation
Monday, January 24, 2011
Pricing across the transportation modes
The new chairman of the National Industrial Transportation League’s Ocean Transportation Committee said this year’s agenda will stay focused on two key issues.
What I am about to tell you is not new but at the same time it bears repeating: the federal gasoline tax has not increased from its current levels of 23.4 cents for diesel and 18.4 cents per gallon of gasoline since 1994.
Friday, January 21, 2011
In a wide-ranging speech at the SMC3 Winter Conference in Atlanta this week United States Transportation Secretary Ray LaHood provided an overview of various elements of the domestic transportation landscape from the White House’s perspective.
Thursday, January 20, 2011
In the latest example of how strong the freight railroad business is, Class I carrier Union Pacific announced today that fourth quarter and full-year earnings were up 44 percent at $1.56 per share and 48 percent at $5.53 per share, respectively, year-over-year.
On the heels of a promising projection for fourth quarter 2010 Class 8 vehicle net orders, ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said that December net orders of heavy-duty Class 8 commercial vehicles for North American markets at 27,044 units were up 128 percent year-over-year.
It’s hard to get Republicans and Democrats, shippers and carriers, administration officials and analysts, and practically everybody else in Washington to agree on much these days. Except this: the Federal Motor Carrier Safety Administration’s (FMCSA) trial balloon to reduce by one hour (from 11 to 10) the actual time a truck driver can be driving is a horrific idea, unbased in science or data, that would conservatively cost the U.S. economy $2 billion in lost productivity, and probably much more in inefficiency and additional infrastructure requirements.
Posted on 01/20 at 08:56 AM
Wednesday, January 19, 2011
Transportation Secretary Ray LaHood told shippers at the SMC3 annual winter meeting in Atlanta yesterday that cross-border trucking would be revived “as soon as possible.”
Posted on 01/19 at 09:20 AM
Tuesday, January 18, 2011
Coinciding with the Lunar New Year celebrated in Asia next month, several major ocean carriers will be withdrawing capacity on the Transpacific.
View all categories and topics
Monday, January 17, 2011
The most important take-away for shippers at this point in time is that recent fuel price movements reflect emerging market conditions.
Posted on 01/17 at 12:21 PM