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).
A solid dose of economic momentum in recent months resulted in a strong October for freight shipments and expenditures according to the most recent edition of the Cass Freight Index Report from Cass Information Systems.
Logility, a leading provider of collaborative supply chain optimization and advanced retail planning solutions, has acquired privately-held Halo Business Intelligence, a San Diego-based supplier of advanced analytics and business intelligence solutions for the supply chain market.
Rail carloads were off 1.6% annually at 266,927, and intermodal containers and trailers headed up 3.9% to 287,139.
While the development of electric and autonomous vehicles is far from new, industrial real estate firm CBRE explained in recent research that these types of vehicles will have “direct effects” on logistics facilities.
William P. Doyle has announced that he is stepping down from his post at the U.S. Federal Maritime Commission after serving under two very different Presidents.
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 headed up September, the most recent month for which data is available. Rising 3.6% to $94.4 billion, September stands as the 11th consecutive month of increases.
Don’t look for completely autonomous vehicles on your local roadways in the next few months unless you live in the Phoenix area. But do expect this unprecedented corporate R&D project to impact all of our lives over the next few years
In the most recent edition of its Trendlines report, DAT said that the number of loads posted on the spot market increased 7.4% for the week ending November 18 compared to the week ending November 11, while the number of trucks posted remained flat.
After much anticipation, “a trucker’s market” is due to finally arrive in 2018, says Stifel Nicolaus trucking analyst John Larkin, although he cautions that supply and demand is tight across the industry as the domestic economy continues to grow at a slow, steady pace.