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By Jeff Berman · May 10, 2016
In a wide ranging, presentation at the recent NASSTRAC (National Shippers Strategic Transportation Council) Shippers Conference and Transportation Expo in Orlando, Fla., Bob Costello, chief economist at the American Trucking Associations, provided both a general assessment of the over all economic outlook, as well as an outlook specifically focused on the freight, or, trucking economy.
By Jeff Berman · May 10, 2016
The average price saw a slight gain of $0.5 to $2.271 per gallon, which is now the highest level of 2016 to date, topping last week’s average of $2.266. The previous high prior to last week was the week of December 28, when it was at $2.237 per gallon.
By LM Staff · May 9, 2016
FTR said the objective of the ICI is to provide its viewers with an assessment of the competitive posture of domestic intermodal transport versus over-the-road truck transport, adding that it is a compendium of different factors, including relative rates vs. truck, industry capacity vs. demand, fuel prices and intermodal service levels.
By Jeff Berman · May 9, 2016
When it comes to pricing changes, transportation and logistics bellwethers are usually on the same page. And that was again made clear with changes each company made for additional handling charges on ground packages.
By MMH Staff · May 9, 2016
Shipments up 1.6% compared to March 2015 sales.
By Jeff Berman · May 6, 2016
Asset-light transportation and logistics services provider Roadrunner Transportation Systems Inc. (RRTS) said this week it has expanded its less-than-truckload (LTL) service through the addition of outbound service from Vancouver, British Columbia. RRTS said that this service will open the western half of Canada to its LTL Freight’s outbound service.
By LM Staff · May 6, 2016
Carloads saw a 16.1 percent, or 180,598, annual decline at 944,339, and intermodal containers and trailers in April at 1,972,828, were off 11.8 percent or 264,327 carloads annually.
By Jeff Berman · May 6, 2016
Total intermodal volume movements—at 4,156,999—were up 2.0 percent annually and outpaced the 0.3 percent annual growth rate from the fourth quarter of 2015.
By Jeff Berman · May 5, 2016
Atlas Air Worldwide Holdings said it will provide air cargo services to support Amazon’s package deliveries to its customers.
By MMH Staff · May 5, 2016
OpX Leadership Network honors consumer packaged goods companies with improved performance in sustainability.
By MMH Staff · May 5, 2016
Company announces name change to Pregis Films for recent acquisition.
By MMH Staff · May 4, 2016
20-year employee also serves on the executive board of the Industrial Truck Association.
By Jeff Berman · May 4, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.7 in April (a level of 50 or higher indicates growth), which was up 1.2 percent compared to March, with economic activity in the non-manufacturing sector growing for the 75th consecutive month. The April PMI is 0.5 percent above the 12-month average of 56.2.
By Jeff Berman · May 4, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.7 in April (a level of 50 or higher indicates growth), which was up 1.2 percent compared to March, with economic activity in the non-manufacturing sector growing for the 75th consecutive month.
By Jeff Berman · May 4, 2016
Total gross first quarter revenue for XPO was up 404.4 percent annually to $3.5 billion, with net revenue up 510.5 percent to $1.6 billion. While gross and net revenue were up, the company reported a net loss of $23.2 million, or $0.21 per diluted share and an adjusted net loss attributable to common shareholders of $9.3 million or $0.08 per share.

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