The cost of ground transportation for Canadian shippers rose 1.2% in August, mostly because of higher fuel surcharges. The Canadian General Freight Index found that the base rates assessed by carriers remained unchanged when compared to ...
Tags: Transportation, Freight Rates
US trucking is "on the cusp" of a capacity crunch, according to American Trucking Associations vice president and chief economist Bob Costello. Costello told the popular All Eyes on the Economy panel that eventually demand for freight ...
Tags: trucking, Transportation
Freight volumes are higher than they've been in "many, many" years, but there remains excess capacity in the marketplace and continued downward pressure on rates. Doug Munro, president of Maritime-Ontario Freight Lines, told a packed ...
Tags: Freight, Transportation
Risk transfer is an accepted financing technique usually associated with purchasing insurance to transfer the risk to an insurance company. For the past several years, though, we have seen an increasing tendency amongst shippers to use ...
Tags: Transportation, insurance, Auto Parts
Shippers love them; carriers hate them. Freight RFPs or freight bids have become increasingly popular over the last decade as a mechanism to negotiate freight rates and service. Even companies with as little as $50K in annual freight spend ...
Tags: Transportation, Auto Parts
The slide in LPG prices over the past four days on abundant supply and an Asian demand pause has sent physical values to six-week lows and flipped the paper market to the steepest contango structure since early July 2012, market sources ...
Tags: Metallurgy, Mineral, Energy
Prices drifted sideways in the delivered South China cargo market for thermal coal Friday in the absence of any significant buying interest from China, and sellers pondered the next move in a buoyant freight market, market sources said. ...
Tags: Coal, Metallurgy, Mineral, Energy
The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...
Tags: MX Firms
Barge-delivered Central Appalachian coal for Cal 2014 fell 60 cents/st Tuesday as the contract was seen trading down through the session. Platts assessed the Cal 2014 price at $55.75/st, the lowest level for a front-year contract since ...
Freight rates to ship coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou continued to move up in the week ended August 28, the sixth week in a row, a weekly report released by ...
Tags: Coal Freight, Metallurgy, Mineral, Energy
FTR has revised its Trucking Conditions Index to show increasingly favourable conditions for the trucking industry. The June index was up more than 30% compared to May. Active truck utilization is moving up as the effects of the new US ...
Tags: Trucking, Transportation, truck
The US-Asia isomer-grade mixed xylenes arbitrage has shut on paper after being open for about a month, hit by higher US prices overnight Tuesday, Platts data showed Wednesday. Asian isomer-MX CFR Taiwan was assessed at $1,297/mt Tuesday, ...
Tags: Chemicals
Shipping costs declined 2.7% in May compared to April, according to the latest Canadian General Freight Index. The base rate was down 2.5% compared to March, declining to November levels, Nulogx reports. Average fuel surcharges declined ...
Tags: Freight Rates
Shipping costs declined 2.7% in May compared to April, according to the latest Canadian General Freight Index. The base rate was down 2.5% compared to March, declining to November levels, Nulogx reports. Average fuel surcharges declined ...
Tags: Shipping, Transportation
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India jumped Friday as grain activity on the Atlantic continued to lend support, sources said. Since activity on the west coast of India ...
Tags: Coal, Metallurgy, Mineral, Energy