Coming off of last week’s Surface Transportation Board (STB) public listening session focusing on Class I rail carrier CSX’s service issues, CSX was again in the news this week with its third quarter earnings release.
Both freight spend and shipment levels for the third quarter showed both quarterly and annual gains, according to data issued in the U.S. Bank Freight Payment Index, a new report form Minneapolis-based U.S. Bank.
September shipments were up 4.9% annually at 976,605. While this is down compared to August’s 1,066,698, the annual improvement is ahead of August’s 2.2% annual spread.
Chicago-based industrial real estate firm JLL said in its “First Look at Industrial” report for the third quarter of 2017 that market indicators continue to see significant increases. One example of this is for rent, which JLL said are being paced by a combination of an increase in warehouse and logistics absorption and “persistently low”…
A leading distributor of professional salon products in the U.S. forms unique partnerships with its key LTLs to lower transport costs, reduce its carbon footprint and improve service to its 565 store locations.