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.
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).
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.