POLA handled 703,536 TEU (Twenty-Foot Equivalent Units) in April, which was down 1.3% annually compared to the 714,755 TEU recorded in April 2017, and POLB POLB April volumes were up 10.8% annually at 618,438 TEU. Imports saw an 8.4% annual gain to 312,376 TEU, and exports increased 22% to 141,799 TEU.
The current outlook for the trucking sector remains very strong, with no immediate change in sight at the moment, according to the most recent edition of the Trucking Conditions Index (TCI) issued by freight transportation consultancy FTR this week.
Over the past couple of months, the Wall Street Journal has published several articles that indicate CEOs are “suddenly” discovering that transportation and supply chain issues can drastically impact their profitability. When CEOs from large companies like John Deere, Tyson Foods, and General Mills publicly state that their financial performance has been hurt by increased…Details
At $17.5 billion, USPS revenue headed up $235 million, or 1.4%, compared to the fiscal second quarter of 2017, but it incurred a net loss of $1.3 billion for the quarter compared to a net loss of $562 million a year ago. United States Postal Service Revenue numbers 2018, Postal Service Revenue Trends
NextGen supply chain technologies were front and center at ISM.
Rail carloads increased 6.4% to 265,653, and intermodal containers and trailers headed up 8.5% to 280,374.
In a wide-ranging opening keynote at last week’s National Shippers Strategic Transportation Council (NASSTRAC) annual meeting in Orlando, Fla., American Trucking Associations (ATA) President and CEO Chris Spear laid out a compelling case for what is working in trucking, what needs to be worked on, and what needs to happen in order to overcome a…Details
Earlier this month, LM Group News Editor Jeff Berman caught up with Greg Gantt president and CEO of national less-than-truckload carrier Old Dominion Freight Line (ODFL) at the National Shippers Strategic Transportation Council (NASSTRAC) conference in Orlando, Fla. Gantt provided Berman with insight into various industry-related topics.
Learn how in just one month this oil and pipeline construction cargo insurance policy saved them from a catastrophic million-dollar loss.
Steady summer growth for United States-bound retail container shipments appears to be in the cards, even though the possibilities of steep tariffs being placed on imported goods from China remains a distinct possibility, according to the most recent edition of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett…Details