The joint interline service formally rolled out in October by Class I railroad carriers CN and Norfolk Southern appears to be off to a good start so far. That was the word from CN Executive Vice President and Chief Marketing Officer Jean-Jacques Ruest at last week’s RailTrends conference.
The Department of Energy’s Energy Information Administration (EIA) reported this week that the average price per gallon of diesel gasoline dipped 0.4 cents to $2.922 per gallon.
The index ISM uses to measure non-manufacturing growth—known as the NMI––fell 2.7% to 57.4 1 (a reading above 50 indicates growth) in November. This follows 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, with an August 2005 high…Details
Energy and logistics analysts are telling shippers to expect higher rates in every mode of transport.
While the nation’s air cargo industry remains strong, several indicators suggest that demand may have passed the growth peak.
Taking steps to further expand its already wide-ranging global trade services, freight transportation and logistics bellwether UPS said today it recently acquired Sandler & Travis Trade Advisory Services (STTAS), the largest global independent provider of global trade management services.
When it comes to assessing the current state of manufacturing, it is hard to find better data than the Institute for Supply Management’s (ISM) Manufacturing Report on Business. The most recent edition of the report, which was issued on Friday, December 1, pointed to another growth month, one in an ongoing series of 102 consecutive…Details
The Logistics Management editors have hand picked the most influential news stories impacting the market in 2017. Most Read Logistics Stories 2017. Logistics News 2017, Supply Chain Top Stories 2017
Ongoing freight transportation capacity tightness continued to drive down the most recent reading of the Shipper Conditions Index (SCI), from freight transportation consultancy FTR.
A prominent industry analyst has observed that that 2018 is expected to be a much better year for railroads and shippers who rely on them.