The average on-highway price of a gallon of diesel is slowly creeping back toward the $3 mark, and the weather may well have something to do with it. According to the Energy Information Administration of the Department of Energy, the average price increased 3.6 cents to $2.936 a gallon for the week ending March 2.
Exploding oil trains-this was only the latest in a series-have emerged as a dangerous side effect of the U.S. energy boom. A lack of pipelines connecting new fields in North Dakota and Texas to refineries and shipping terminals has led to an almost 5,000 percent increase in the amount of oil moved by trains since […]
The Federal Trade Commission has filed an administrative complaint charging that the proposed merger of Sysco and US Foods would violate the antitrust laws by significantly reducing competition nationwide and in 32 local markets for foodservice distribution services. Sysco operates the second largest private truck fleet, while U.S. Foods is ranked as fifth, according to […]
A chronic shortage of drivers means America’s long-haul trucking companies are struggling to capitalize on cheap fuel prices that could allow them to take goods shipments away from railroads. A 50 percent fall in oil prices from their peak last year should have erased some of the cost advantage railroads enjoy, especially for longer hauls.
(This article requires registration at the Journal of Commerce. To access, please click on the above link.) The Hub Group said U.S. intermodal rail service deteriorated further in the fourth quarter from the prior quarter, but it’s now seeing improvement and service could start approaching levels last seen in mid-2013, before last year’s harsh winter, […]
(This article requires registration at the Journal of Commerce. To access, please click on the above link.) Weekly U.S. rail volume hit an all-time high in January and traffic for the entire month was the second-highest ever — even as U.S. West Coast port congestion has hampered international intermodal traffic and spurred some shippers to […]
(This article requires registration at the Journal of Commerce. To access, please click on the above link.) The Hub Group said U.S. intermodal rail service deteriorated further in the fourth quarter from the prior quarter, but it’s now seeing improvement and service could start approaching levels last seen in mid-2013, before last year’s harsh winter, […]
Analysts at GE Capital compiled a list of expected trucking industry trends for 2015. GE highlighted expected outlooks for Freight, Equipment and Rates and Capacity. The analysts believe that carriers were benefitting from an ideal supply and demand environment entering 2015 with profits strengthened by freight trends, pricing leverage due to tight capacity, and lower […]
North American shipment volumes and total spending on freight both dropped in January, according to the Cass Freight Index, but they were also at their highest level for the month in at least three years.
While both sides are doing what they feel is best for their members, the impasse between the Pacific Maritime Association and the International Longshore Warehouse and Union is severely impacting West Coast port operations, and, to a larger extent, the supply chain in more than a few ways.
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