Daily Transportation and Logistics News – May 24, 2011

My thoughts and prayers go out to all of those affected by the tornadoes that passed through Joplin, MO over the weekend, especially those that have been affected in the industry like the Con-way Truckload facility has been.

Con-way Truckload Recovering From Tornado Hit

The deadly storm that passed through Joplin, MO over the weekend narrowly missed the headquarters of Con-way Truckload that employs 500 people in the city. Damage throughout the area has delayed operations as rescuers search through the wreckage for survivors.

3PL Market Growing Strong

Most third party logistics providers got back on track in 2010 and are sprinting in 2011, according to a new report released by Armstrong & Associates.

Spot Market Truck Capacity Hits Highest Levels in Six Months

For the week ending May 14, spot market truck capacity recorded the highest volume for a single week in the past six months as truck availability increased 8 percent nationwide on TransCore’s DAT Network of load boards.

Oil and diesel fuel situation has logistics managers focused on adjusting budgets to cover costs

Jeff Berman discusses the issues that high oil and diesel fuel prices have caused in budgeting for the current year. This comes even as the price per gallon has been stabilizing to around $4 per gallon.

BTS, ISM data show a slow return to normal following earthquake and tsunami in Japan

Following the tragic events of the earthquake and tsunami in Japan earlier this year, the immediate and long-term impacts of it are likely to impact the United States, due to damage caused to the freight transportation system in Japan.

Mica to Target Harbor Tax in Transport Legislation

Rep. John Mica, R-Fla., digging deeper into specifics of the next multi-year surface transportation bill, says he wants to use the measure to revamp the Harbor Maintenance Trust Fund to spend down its large balances.

– Ben Dundas, Web Analyst