The average price of diesel fuel increased once again last week, continuing a streak of price hikes that began in February, according to the latest numbers from the Energy Department.
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Canadian factory sales fell in March on lower transportation and primary metals sales, and together with a downward revision to February’s sales, marked the steepest two-month drop in more than a year.
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Six container lines left out of two global alliances have set up a third group as the industry finally settles most of the outstanding uncertainties about who will team up with whom.
Total carloads for the week ending May. 7 were 233,047 carloads, down 14.8 percent compared with the same week in 2015, while U.S. weekly intermodal volume was 259,876 containers and trailers, down 6.4 percent compared to 2015. Three of the 10 carload commodity groups posted an increase compared with the same week in 2015. They were miscellaneous carloads, up 6.7 percent to 9,839 carloads; chemicals, up 1.6 percent to 31,075 carloads; and grain, up 0.1 percent to 18,004 carloads.
The combined Transportation Services Index (TSI) in March was tabulated at 121.3, down 0.5 percent from February’s level and 0.9 percent from March 2015’s mark, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
The Labor Department reported on Friday that 160,000 jobs were added in April, short of the 215,000 expected by economists and below the recent monthly average of 200,000, tempering hopes of a strong economic rebound in the second quarter.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped 2 percent year-over-year following a 7.7 percent drop in January, according to the Bureau of Transportation Statistics.
U.S. combined carload and intermodal traffic declined 11.8 percent last month compared with April 2015, the Association of American Railroads (AAR) announced yesterday. Carload traffic for the month totaled 944,339 carloads, down 16.1 percent, and 1,028,460 containers and trailers, down 7.5 percent from a year ago, according to an AAR press release.
After two months of shedding jobs, for-hire trucking companies added a small number of new employees in April, as the U.S. economy overall created 160,000 new jobs.
The truckload and less-than-truckload carriers tracked on a monthly basis by the U.S. Bureau of Labor Statistics added 700 jobs to their payrolls in April, preliminary data show.
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Total U.S. rail carload volumes slipped 17.1 percent and intermodal units fell 6.3 percent for the week ending April 23, the Association of American Railroads (AAR) reported yesterday. Total U.S. rail traffic dropped 11.7 percent to 491,946 carloads and intermodal units compared with the same week last year