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Import cargo volume at the nation’s busiest port complex barely increased, if at all in July, due to shipper concerns about contract talks involving longshoremen working at West Coast ports.
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The U.S. Transportation Department’s Freight Transportation Services Index declined 0.9% in June from May, falling after four consecutive monthly increases, according to numbers released Wednesday.
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The freight logistics sector slowed in July, following a seasonal trend, with both freight shipments and freight payments down 3.9% from the previous month, according to the latest Cass Freight Index.
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A refrigerated intermodal container service between the Pacific Northwest and the Midwest has ended due service from partner BNSF Railway that allegedly was not so hot.
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International containers increased 9.6%, trailers improved by 4.3%, and domestic containers grew 7.6% quarter-over-quarter, all indications that the intermodal industry is recovering from a harsh winter and a contracted economy.
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Contract logistics provider, Exel, and its sister logistics company, DHL Supply Chain, have formed a new freight brokerage company, Exel Freight Connect.
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Freight tonnage will grow 23.5% from 2013 to 2025 and freight revenues will jump 72%, according to the American Trucking Associations' U.S. Freight Transportation Forecast to 2025, a look at the future of freight. It predicts continued growth for both the trucking industry and freight economy overall.
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Spot market freight rates has declined across the board in the most recent week, following healthy gains the week before, according to the freight matching service provider DAT.
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U.S. Transportation Secretary Anthony Foxx received a report this week from the Department of Transportation’s National Freight Advisory Committee making 81 recommendations to improve the performance of the nation’s freight transportation system.
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The amount of freight carried by the for-hire transportation industry rose 0.6 percent in May from April, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Thursday.
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