There’s the fog of war and there’s the fog of West Coast port labor disruptions. More than a year after negotiations began and over 11 months since the last contract expired, employers and dockworkers still haven’t come to terms over pay. Accusations are flying. Those speaking to the press have agendas, as do those remaining…
Shipments and expenditures plummeted year over year (y/y) in May at the fastest pace in nearly three years, according to data provided by Cass Information Systems on Tuesday. The Cass Freight Index recorded a 5.6% y/y decline in shipments during the month with expenditures falling 15.7%. Shipments captured on the index were up 1.9% from…
U.S. box demand has been consistently worse than the largest box makers expected over the past three quarters — with recent declines among the steepest since the Great Financial Crisis — and recent signs point to more of the same weakness. The largest U.S. boxboard/folding carton producer, Graphic Packaging, presented at a conference Tuesday at…
A trade group representing passenger rail wants the Surface Transportation Board to move quickly in responding to Amtrak’s complaint that Union Pacific is contributing to the lackluster on-time performance of Amtrak’s Sunset Limited service. Jim Matthews, president and CEO of the Rail Passengers Association, said in a recent website post that his group is still…
Teamsters brass said Monday that less-than-truckload carrier Yellow Corp. has informed them it will be out of money by August if a proposed change of operations isn’t approved. The union, however, says the company has been mismanaged for years and vows to not bail Yellow out again. “Yellow has been unable to effectively manage itself…