Now that trucking and transport interests are applauding what appears to be the first major cut in corporate taxes in 30 years, they are hoping the applause they are heaping on Republicans reverberates into a call to spending some of that money on improving the nation’s infrastructure woes.
Total November POLA volume came in at 924,225 TEU (Twenty-Foot Equivalent Units), which set a new record for monthly volumes in the port’s 110-year history, topping November 2016’s 877,564 TEU, and were up 5.3% annually. POLB November volume was up 14.7% annually at 612,659 TEU, with the first 11 months of 2017 coming in at…Details
Following a 0.4-cent decline last week, this week’s average dipped 1.2 cents to $2.910 per gallon.
October’s reading of 9.48 far outpaced September’s 3.5, with FTR explaining that a strong economy, combined with pressure from hurricane recovery and the ELD mandate, is creating a very tight market resulting in improved contract rates.
Less-than-truckload (LTL) transportation services provider YRC Worldwide Inc. reported this week that it is seeing decent gains in its operating data for certain metrics on a quarter-to-date basis for the fourth quarter.
Following a November rollout of a new truckload visibility offering designed to enable a smarter information flow across shippers’ supply chains, Chicago-based project44 is taking the same approach for freight railroad shipping, announcing it has launched a new rail visibility API, which is focused on increasing end-to-end information symmetry through the elimination of shipment visibility…Details
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.
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.
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.
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