Fortunately for logistics managers reliant on campaign promises, existing plans for port improvements will not be curtailed.
Two key monthly freight transportation report issued yesterday, the American Trucking Associations (ATA) For-Hire Truck Tonnage Index, and the Cass Freight Index Report, each provided positive news for November.
Net income for the quarter at $775 million was up 9.7%, and earnings per share at $2.84 were up 8% annually. Quarterly operating income of $1.26 billion was up around 7%.
With a 0.9-cent decline, the average price per gallon now stands at $2.901, which follows declines of 0.4 cents and 1.2 cents, respectively, the previous two weeks.
In sticking with tradition, we removed ourselves from the “end-of-year prediction” business and have instead put together an educational experience that offers practical advice to help you transform your operations for the future—and you don’t even have to leave the comfort of your office.
According to Logistics Surveys 2017, the express industry has already undergone transformation, not least due to the seismic shifts brought about by e-retail.
With spot market load volume and rates having risen for 18 months, DAT said November continued to impress, with the national average spot van rate hitting $2.07 per mile, which, it said, is the single highest monthly average going back to December 2014, while coming in 5 cents above October’s average.
With the news over the weekend that E. Hunter Harrison, president and chief executive officer of Class I railroad CSX passed away on Saturday December 16 at the age of 73, there was no shortage of praise for a man, whom was widely viewed as the most important railroader of our times. And the praise…Details
The Association of Asia Pacific Airlines (AAPA) notes that the solid expansion in international air cargo markets continues unabated.