Topic: Transportation

The long-awaited expansion of the Panama Canal, which was roughly ten years in the making, became a reality yesterday, with the expanded Canal holding an inauguration yesterday in Panama City, Panama to herald the next chapter in its history.

Rail carloads fall 8.5 percent annually at 250,748, and intermodal containers and trailers were off 4.2 percent to 265,438.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico dropped 3.3 percent to $90.4 billion on an annual basis in April.

Truckload and intermodal pricing both saw another month of declines in May, according to the most recent edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners, which was released last week.

A cross-border less-than-truckload (LTL) partnership was established earlier this month between New Penn, a Lebanon, Pa.-based regional LTL carrier, and subsidiary of YRC Worldwide, and Dicom Transportation, a Montreal-based provider of transportation and logistics services.

While there is widespread concern about attracting new talent to the supply chain industry, it seems especially acute in the maritime sector.

It’s a buyer’s market for business logistics right now, but that is a fleeting condition subject to rapidly changing conditions in the $1.408 trillion U.S. freight sector, based on data in the 27th Annual State of Logistics Report released today at the National Press Club. The report is sponsored by the Council of Supply Chain Management Professionals (CSCMP).

With the implementation date for new container weighing requirements on July 1, Chairman of the Federal Maritime Commission Mario Cordero said the time has come for ocean carriers to embrace the obvious solution to achieving compliance that Marine Terminal Operators can offer.

Carloads dipped 8.7 percent annually at 248,039, and intermodal containers and trailers were off 6.3 percent to 265,432.

Total April POLA volume at 770,409 TEU (Twenty-Foot Equivalent Units) saw a 10.88 percent annual increase for the busiest May in the port’s history, topping May 2012, which was the previous high at 732,352 TEU. POLB volumes were up slightly, with a 0.8 percent annual increase at 640,566 TEU.

Logistics Management Group News Editor Jeff Berman recently caught up with Kevin Abbott, vice president North American Surface Transportation, Truckload at C.H.Robinson.

Although they successfully fended off the first attempt by government and officials from Central States Pension Fund to impose draconian cuts in their pension benefits, Teamsters union retirees say they are not resting on their laurels. Instead, they are preparing a long-term fix to the fund’s fiscal problems.

Freight transportation and logistics services provider Averitt Express recently announced that it has taken steps to augment its less-than-container (LCL) service from China in the form of two new weekly departures to Memphis, Tenn. and Charleston, SC.

Executive editor Patrick Burnson and a panel of ocean shipping analysts examine the range of flexibility in the methods available to shippers and forwarders and what kind of strategies should be put in place now.

美国铁路公司的财务影响industry on all facets of the nation’s economy cannot even come close to being understated based on research issued today by the Association of American Railroads in its second 2016 “State of the Industry Report,” which features research from an economic impact study by Towson University’s Regional Economic Studies Institute (RESI).

车224年年度下降了16.6%,258, and intermodal containers and trailers were off 17.9 percent at 231,088.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased 1.3 percent from March to April, following two months of decreases.

Port of Oakland spokesmen contend that "a containerized export rally" is underway.

The most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR is very much in line with its predecessor reports from recent months in that it points to a trucking sector that is feeling the pain of various market takeaways like loose capacity and slow demand, among other things.

Keeping in line with its previous edition, the Port Tracker report issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates pointed to slow growth in the summer months for United States-based retail container ports.