AEight years. That’s how long McKinsey & Company, a globallogistics think tank based in the United States and Europe, predicts it will bebefore autonomous trucks with no humans on board could be routinely runningroutes in North America.

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 15, 2018. For this week, total U.S. weekly rail traffic was 568,941 carloads and intermodal units, up 3.9 percent compared with the same week last year. Total carloads for the week ending December 15 were 267,534 carloads, up 1.4 percent […]

Good momentum. Optimism about the healthy economy. A very rosy outlook. Those are some ways the Class I chief executive officers are describing 2018’s mostly sunny business climate or their anticipation for a favorable coming year.

World trade cargo tonnage will rise by only 3.7 per cent to 65.9 million tonnes in 2019, the slowest pace since 2016, reveals the International Air Transport Association (IATA). This projected annual figure reflects the weak world trade environment impacted by increasing protectionism, asserts the airline body.

A free copy of Air Cargo News’ exclusive 2018 Freighter Fleet Directory wallchart is available to download. The wallchart, sponsored by charter broker Chapman Freeborn, is a useful tool in print or digital format that provides an update on airline’s freighter fleets.

Emerging and developing countries could be the source of economic growth that wouldspur shipping demand in the next five years, BIMCO said citing theInternational Monetary Fund (IMF).

The Department of Energy’s Energy Information Administration (EIA) reported this week that the national average price per gallon for diesel gasoline dropped for the ninth straight week for the weekending December 17.

Sentiment among U.S. homebuilders fell in December to the lowest level since 2015, missing all forecasts and signaling that the industry’s struggles are intensifying amid elevated prices and higher borrowing costs.