In reporting U.S. rail traffic for the week ending August 29, 2020, as well as volumes for August 2020, Association of American Railroads Senior Vice President Policy and Economics John T. Gray emphasized the importance that railroads have in moving consumer goods, as indicated by the ongoing recovery in intermodal loadings. “Despite the pandemic and […]
More than six months into the COVID-19 pandemic the trucking industry’s health is stronger than the U.S. economy, as segments used in final-mile delivery, e-commerce, and deliveries to grocery stores and hospitals thrive. But the latest government reports show an economy continuing to struggle to recover amid a surge in the federal deficit and stubbornly […]
Although U.S. rail traffic declined 5.8 percent in August compared with the same month a year ago, total intermodal volume rose 3 percent to 1,122,954 containers and trailers, according to Association of American Railroads (AAR) data. U.S. railroads logged 898,227 carloads last month, down 14.9 percent from August 2019, while total combined volume fell to […]
A.P. Moller-Maersk’s (OTCMKTS: AMKBY) announcement earlier this week that it will integrate the air cargo and less-than-container-load (LCL) services of its subsidiary Damco into the Maersk brand has some customers checking their options. Shippers remain unclear how the absorption of Damco into Maersk will impact their overall logistics contracts with the longtime third-party logistics services […]
The Outbound Tender Volume Index (OTVI) climbed another 1.4% this week to a new all-time high of 16,053. OTVI has posted a string of consecutive all-time highs for many weeks now. It is important to note that OTVI does include rejected contract load tenders, so the true organic growth of load volumes is significantly lower […]
The nation’s ports are seeing some improvement in business, compared with spring, even as the U.S. economy continues to struggle amid the COVID-19 pandemic. The uptick comes as officials at three California ports — Los Angeles, Long Beach and Oakland — report operations at their facilities have been spared by the wildfires, which have killed […]
The price of diesel jumped by 1.5 cents nationwide to $2.441 a gallon, the Energy Information Administration reported Aug. 31, as much of the nation’s oil exploration and refining capacity was shut down because of two severe-weather events. Hurricane Laura and Tropical Storm Marco wreaked havoc after coming ashore off the Gulf of Mexico, near […]
California clean air regulators have approved a new rule aimed at dramatically limiting emissions from slow-moving and idling trucks, arousing the ire of trucking groups and potentially setting up another conflict with the Trump Administration over the state’s authority to enact air quality regulations. Members of the California Air Resources Board (CARB) on Friday unanimously […]
Periods of torrential rainfall will continue to drench parts of the nation’s heartland over the next couple of days. Carriers and shippers alike should expect some minor delays as drivers deal with slowdowns and potential road closures. The National Weather Service (NWS) has already reported areas of flash flooding from just south of Oklahoma […]
The American trucking industry has filed a cease-and-desist request with the U.S. Federal Maritime Commission (FMC) over what it says are ocean container carriers distorting the cost of chassis usage. The American Trucking Associations’ Intermodal Motor Carriers Conference (IMCC) filed the complaintagainst the Ocean Carrier Equipment Management Association (OCEMA) and 10 of its ocean carrier […]
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