Managing shipment visibility, coordinating transit and delivery details, and enabling efficient management of administrative activities will be key objectives for both shippers and 3PLs this year.
In a letter to leadership at the United States Surface Transportation Board, CSX CEO James Foote outlined the progress the Jacksonville, Fla.-based Class I freight railroad carrier has made in its ongoing implementation of Precision Scheduled Railroading (PSR).
Port Tracker expects December to come in at 1.6 million TEU, which would mark a 2.6% annual gain, with all of 2017 pegged at 20.1 million TEU. This would mark a new all-time record, ahead of 2016’s 18.8 million TEU by 7%. What’s more, 2017 included five of only seven months on record to reach…Details
The average price per gallon of diesel gasoline saw a 2.3 cent increase to $2.996 per gallon, according to data issued by the Department of Energy’s Energy Information Administration (EIA).
United States Department of Transportation Secretary Elaine Chao penned a letter to Class I railroads, as well as passenger railroads and state and local transportation agencies, regarding the federally-mandated Positive Train Control (PTC) mandate, which is slated to be fully implemented by December 31, 2018.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that United States trade with its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico saw an annual gain in October, the most recent month for which data is available. Rising 7.9% to $100.6 billion, October marks the 12th consecutive month of…Details
The index ISM uses to measure non-manufacturing growth—known as the PMI––dropped 1.5% to 55.9 (a reading above 50 indicates growth) in December. Both November and December were down compared to October’s 60.1, which is the highest reading since the report’s inception in 2008, as well as the highest reading compared to pre-2008 composite index calculations,…Details
With winter weather conditions harsh and another big storm hitting today in various pockets of the Northeastern and Mid-Atlantic United States, myriad motor carriers are gearing up for the most recent batch of bad weather.Details
2017 U.S. carloads increased 2.9%, or 381,266 carloads, annually to 13,478,126, compared to 2016’s 13,096,860. Intermodal containers and trailers headed up 3.9%, or 521,121 units, annually to 14,011,834 for the highest annual tally ever recorded for the segment. Intermodal trucking rates
Rising 7 cents, the average price per gallon currently stands at $2.973, which marks the single largest weekly gain since the week of November 6, when it rose 6.3 cents from $2.819 to $2.882.