FTR's Shippers Conditions Index (SCI) was still sitting in negative territory in August, but shipping rates, for the time being, are still being held in check. The Index has been dropping slowly all summer, FTR said, "reflecting the ...
Tags: Transportation, Auto Parts, truck
Louis Dreyfus, a French multinational conglomerate, has signed an agreement with Brooklyn Kiev to establish a joint venture for the development of a grain terminal in Odessa, Ukraine. Scheduled to commence the first phase of its operation ...
Tags: Louis Dreyfus, Brooklyn Kiev
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
ACT Research president Kenneth Vieth may have summed up the US economic forecast best at ATA's All Eyes on the Economy session when he said "We came through the Great Recession and we are now in the Great Okay." Vieth was referring to ...
Tags: Transportation, trucking
Australian iron ore miner Fortescue Metals Group announced today, October 17, that its iron ore shipments in the third quarter of this year, totaling 25.9 million mt, indicate a year-on-year increase of 61 percent and a rise of four percent ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Load Delivered Logistics, a leading technology-enabled third-party logistics (3PL) provider, today announced the opening of its Los Angeles-based operations. The expansion allows Load Delivered to meet the growing shipping and logistics ...
Leading national and international haulage company, TAS Transport, has placed one of the first orders with Renault Trucks for a new Euro 6 Range T tractor unit. The Renault T460 6x2 with sleeper cab will be delivered in January 2014, ...
Tags: Transportation, Auto Parts
A panel of intermodal experts attending the 2013 Surface Transportation Summit, held Oct. 16 by Transportation Media with Dan Goodwill & Associates, shed light on where this mode of transport is headed going into 2014. The panel, ...
Tags: Transportation, Auto Parts
European styrene prices continued to fall Tuesday, continuing the bearish domestic trend seen since the start of September as sellers continued to look to offload excess supply in Europe. However, sources pointed to alternative export ...
September's DAT North American Freight Index saw a seasonal drop of 5.3 percent in spot market truckload freight volume from August, pointing to a change in Q3 seasonal patterns. That month-to-month drop aside, the Index was up 22 percent ...
Tags: Transportation, Freight, Service
Major Chinese steel producer Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that its subsidiaries Wuhan Iron and Steel Co. Limited and Hubei-based Chinese steel producer Echeng Iron and Steel (Echeng Steel) have signed a contract ...
Tags: steel producer, Iron and Steel
Blue Water Shipping strengthens its position on the Nordic transport market with its acquisition of the Swedish company ACi Transport & Spedition in Malmö Desiring to gain an even better grip on the Swedish transport and logistics ...
Tags: Transportation, Service, Transport
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
There is a saying in retail that the package sells the product. While this might not be true across the board, for OEM machine builder R.A. Jones, located in Covington, KY, the package does indeed sell the product-the company builds ...
Sto Corp., the innovative world leader in cladding, air barrier, coating, and restoration systems, has a reputation for also being a leader in health and safety. This year Sto celebrates its sixth year of receiving the prestigious ...
Tags: cladding, air barrier, coating