The Department of Transportation’s freight transportation services index increased 0.4% in December from a year earlier, the 12th straight year-over-year gain.
February 9, 2011GovernmentBusiness
Truckers Hauled Vast Majority of Freight During 2007, New U.S. DOT Analysis Finds
Trucks hauled the vast majority of freight in the United States, according to the Department of Transportation’s Bureau of Transportation Statistics.
February 7, 2011BusinessGovernment
NITL, Retailers Ask Congress for Legislation Repealing Ocean Liners’ Antitrust Immunity
More than two dozen retail and shipper organizations, including the National Industrial Transportation League and the National Retail Federation, have urged congressional leaders to advance legislation that repeals the antitrust immunity that ocean liner carriers have enjoyed since 1916.
January 31, 2011Business
DOT Freight Transportation Index Rises 0.1%
The Department of Transportation’s freight transportation services index rose 0.1% in November from a year earlier, the 11th straight year-over-year gain.
January 12, 2011Business
Federal Funds Helped States Pay for Transportation Work in 2010
Fallout from the recession continued to dominate states’ transportation decisions during 2010, as some federal money flowed in, but tax revenues for many remained depressed.
December 30, 2010BusinessGovernment
NITL Upset With FMC Over Investigation
The National Industrial Transportation League expressed “profound disappointment” over an investigation by the Federal Maritime Commission into numerous U.S. importer and exporter complaints of “perceived malpractices” by ocean carriers that caused supply-chain service disruptions and rate and surcharge increases from in 2009 and 2010.
December 20, 2010Business
DOT Freight Transportation Index Rises 3.2%
The Department of Transportation’s freight transportation services index rose 3.2% in October from a year earlier, the eighth straight year-over-year gain.
December 8, 2010Business
Patriot Transportation’s Profit Grows in 4Q
Tank and bulk carrier Patriot Transportation Holding said Tuesday it almost doubled its profit in its fiscal fourth quarter, compared with a year ago.
November 30, 2010BusinessGovernment
Freight Capacity Will Tighten, Carrier Executives Predict
FORT LAUDERDALE, Fla. — Freight capacity in 2011, especially in trucking, will be constricted by a combination of federal legislative and regulatory policy and recession-related private-sector curbs on investment.
November 22, 2010BusinessGovernment
Shippers Focus on Pricing, Service for Supply Chains
FORT LAUDERDALE, Fla. — Competitive pricing and reliable service remain in the forefront as shippers optimize their supply chains, executives with three large retail firms said.
November 22, 2010