Following a 0.4-cent decline last week, this week’s average dipped 1.2 cents to $2.910 per gallon.
Labor accord on United States railroads has been reached, with the National Railway Labor Conference announcing today that U.S.-based major freight railroads have come to tentative agreements.
As was the case in its previous edition in May, the December release of the Institute for Supply Management’s (ISM) Semiannual Economic Forecast paints an optimistic picture for ongoing economic growth for both the manufacturing and non-manufacturing sectors as part of the recovery that kicked off in earnest in mid-2009.
The most recent edition of the Port Tracker report issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates points to a healthy month for imports in a 2017 that has seen five of the seven highest-volume import months on record.
Carloads were essentially flat, falling 0.9%, or 11,442 carloads, annually to 1,307,521, and intermodal containers and trailers headed up 3.8% annually, or 50,029 units, to 1,369,160, with the AAR noting that intermodal volume is still on track to set a new annual record this year.
November shipments were up 3.9% annually to 979,797 topping October’s 1,016,892. Import volumes have been up for nine consecutive months and 16 of the past 17 months. In 2017, U.S.-bound shipments have been up every month except for February.
As Oakland continues to woo global ocean carriers to make this gateway a first port-of-call, executives here are celebrating several significant achievements related to container throughput and efficiency
Fueled by e-commerce, the new state of retail is truly an omnichannel one, and companies will flourish or flounder based on how well their supply chain can meet customer expectations.
Driver turnover rates in the third quarter followed the second quarter’s lead, with things heading up again, according to data issued this week by the American Trucking Associations (ATA).
Every organization has its own unique set of business processes that it’s labeling must accommodate which adds even more to existing supply chain complexities