Ongoing freight transportation capacity tightness continued to drive down the most recent reading of the Shipper Conditions Index (SCI), from freight transportation consultancy FTR.
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
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.
While the nation’s air cargo industry remains strong, several indicators suggest that demand may have passed the growth peak.
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.
A substantial piece of this city’s decommissioned Army Base just got new life. Port of Oakland Commissioners recently gave final OK to a plan that re-invents the site as a Seaport Logistics Complex.Details
Clarksons PLC, the London-based shipbroker and ocean cargo consultancy, has confirmed that it is the latest victim of a sensational cyber attack. Shipping Cyber Security. Security of freight shipments.
Total third quarter invoice revenue for all TIA member study participants—at around $2.6 billion—was up 10.9% percent annually, and total shipments—at 1,428,332—increased 10.9%. The average invoice per shipment of $1,801 rose 4.6%, with profit margin percentage down 40 basis points to 15.5 percent.
Rail carloads headed up 0.2% to 230,326, and intermodal containers and trailers increased 4.7% to 233,276.
The average price per gallon of diesel gasoline returned to growth this week, rising 1.4 cents to $2.926 per gallon, according to data issued by the Department of Energy’s Energy Information Administration (EIA).