Filed in Transportation
Tuesday, January 11, 2011
On the heels of a 0.4 percent increase in November, the December edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) took a sharp turn north with a 2.4 percent increase. Prior to the gains of the last two months, the PCI was down 0.6 percent in November and 0.5 percent and 1.0 percent in September and August, respectively.
Thomas J. Donohue, in his annual “State of American Business Address” to business leaders at the U.S. Chamber of Commerce building across from the White House, is predicting 3.2 percent growth in Gross Domestic Product this year. That figure, higher than what most mainstream economists are predicting, is based on Donohue’s cautious optimism about overall economic conditions, including jobs and growth.
Diesel prices continued their upward march for the week of January 10, according to data released this week by the Department of Energy’s Energy Information Administration (EIA).
Monday, January 10, 2011
While intermodal, especially on the domestic side, enjoyed a strong 2010, there is some sentiment that volumes may not see the same type of growth in 2011.
When the American Association of Port Authorities holds its fourth annual “Shifting International Trade Routes Seminar” in Tampa next month, more than a few speakers will be sounding the call for more infrastructure.
Saturday, December 18, 2010
Massachusetts Representative Edward D. Markey (D) introduced legislation last month requiring 100 percent screening of all cargo on cargo planes. This legislation follows the October attempts by terrorists to send explosives originating from Yemen to the United States on cargo and passenger planes.
Friday, December 17, 2010
An executive summary of industry news
Wednesday, December 15, 2010
In the continuing story surrounding the Panama Canal expansion, The North Carolina State Ports Authority appears to writing the latest chapter
Friday, December 10, 2010
To no one’s surprise, The National Industrial Transportation League (NITL) announced its profound disappointment late last week in the Federal Maritime Commission?s (FMC) conclusions reached in the agency’s “Fact Finding Investigation No. 26.
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Thursday, December 09, 2010
While the Federal Maritime Commission failed to implement any significant reform, it did address ongoing concern over cartel pricing in the transpacific yesterday.