CSX top exec provides STB with update on PSR implementation progress

In a letter to leadership at the United States Surface Transportation Board, CSX CEO James Foote outlined the progress the Jacksonville, Fla.-based Class I freight railroad carrier has made in its ongoing implementation of Precision Scheduled Railroading (PSR). PSR created by the late CSX President and CEO E. Hunter Harrison, whom passed away in December. […]

Continue Reading

DOT Secretary Chao rings bell for Positive Train Control implementation

Late last month, United States Department of Transportation Secretary Elaine Chao penned a letter to Class I railroads, as well as passenger railroads and state and local transportation agencies, regarding the federally-mandated Positive Train Control (PTC) mandate, which is slated to be fully implemented by December 31, 2018. The December deadline is past the original […]

Continue Reading

BTS reports U.S-NAFTA trade is up annually in October

By LM Staff · January 5, 2018 The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that United States trade with its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico saw an annual gain in October, the most recent month for which data is available. Rising 7.9% to $100.6 billion, October marks […]

Continue Reading

Non-manufacturing sees sequential decline but finishes 2017 with growth, reports ISM

Non-manufacturing activity trended down slightly in December but still remained in solid growth mode, according to data released today by the Institute for Supply Management (ISM) in its Non-Manufacturing Report on Business. The index ISM uses to measure non-manufacturing growth—known as the PMI––dropped 1.5% to 55.9 (a reading above 50 indicates growth) in December. Both […]

Continue Reading

2017 U.S. rail carload and intermodal volumes post annual gains

United States rail carload and intermodal volumes both saw rebounds in 2017 compared to 2016, according to data issued this week by the Association for American Railroads (AAR). 2017 U.S. carloads increased 2.9%, or 381,266 carloads, annually to 13,478,126, compared to 2016’s 13,096,860. Intermodal containers and trailers headed up 3.9%, or 521,121 units, annually to […]

Continue Reading

Harsh weather adds different strategies to motor carriers’ playbooks

With winter weather conditions harsh and another big storm hitting today in various pockets of the Northeastern  and Mid-Atlantic United States, myriad motor carriers are gearing up for the most recent batch of bad weather. While the year may be new, it stands to reason that approaches to handling freight and keeping operations on schedule […]

Continue Reading

ISM reports strong finish for manufacturing in 2017

The Institute for Supply Management (ISM) reported today that manufacturing finished 2017 in solid shape. The report’s key metric, known as the PMI, was 59.7 (a reading of 50 or higher indicates growth) in December, which was 1.5% ahead of November’s 58.2. This marks the 16th straight month that the PMI has grown, with the […]

Continue Reading

Diesel prices head up to start 2018, reports EIA

By LM Staff · January 3, 2018 Due in large part to cold weather throughout many parts of the country, the average price per gallon of diesel gasoline saw a significant increase this week, according to data issued by the Department of Energy’s Energy Information Administration (EIA). Rising 7 cents, the average price per gallon […]

Continue Reading

Report states that Home Depot expressed interest in acquiring XPO Logistics

Late last month, a report published in Recode indicated that two giants from different sectors, retailer Home Depot and global freight transportation and logistics services provider XPO Logistics, may be future teammates, with the report saying that Home Depot “held internal discussions in recent months about a potential acquisition bid for XPO. While neither company […]

Continue Reading

Industrial and supply chain real estate expected to soar in 2018

Compared to “trophy” office skyscrapers, warehouses and distribution centers were once the ugly ducklings of commercial real estate. Fast forward a decade and they are emerging as beautiful swans for both real estate investors and corporate occupiers. Low vacancy rates and high demand for warehouse space are forming perfect conditions for the sector in 2018, […]

Continue Reading

Exclusive interview: Northwest Seaport Alliance update

2017 was a good year for John Wolfe, CEO of The Northwest Seaport Alliance. Not only did the Alliance earn the highest West Coast ranking in Logistics Management’s “Quest for Quality” survey, but the man himself was saluted shortly thereafter by the Containerization & Intermodal Institute with the prestigious “Connie Award” for his achievements and […]

Continue Reading