U.S. carloads and intermodal units are up for week ending June 16, reports AAR
Carloads, at 269,748, were up 1.9% annually. This trailed the week ending June 9 at 271,641 and topped the week ending June 2 at 252,162.
Carloads, at 269,748, were up 1.9% annually. This trailed the week ending June 9 at 271,641 and topped the week ending June 2 at 252,162.
FTR said that motor carriers can expect these favorable conditions to remain intact into the third quarter and further on into 2019. And it added that the tight labor market, as well as the driver shortage, is holding carriers back from taking full advantage of the strong pricing outlook, even though it leads to higher…
Shippers fearing a replay of a costly and damaging strike by UPS Teamsters of 20 years ago can exhale. The world’s largest small package company and its approximately 265,000 Teamsters have reached what UPS calls a “handshake agreement” on a five-year labor deal that could pave the way for Sunday deliveries.