Author Archive

US regulators weigh truck HOS changes

As the era of the electronic logging device (ELD) enters its second year, US regulators are focusing their attention on the hours of service (HOS) those ELDs are designed to monitor. They are mulling proposed adjustments to the HOS rules and may be pressed by industry to go even further and consider broader changes to help give […]

Rail Traffic for the Week Ending January 19, 2019

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 19, 2019. For this week, total U.S. weekly rail traffic was 543,111 carloads and intermodal units, up 6.9 percent compared with the same week last year. Total carloads for the week ending January 19 were 258,833 carloads, up 7.4 […]

Challenges mount for US intermodal rail

As a new year for US transportation begins, the question of what’s to come inevitably comes to the fore. For intermodal, 2018 was a good year, the best in some time. But it also was a year of missed opportunities. Rather than a springboard for future gains, the industry’s performance may have created new challenges that will […]

Jamie Dimon: US economy is like a ship that could hit a ‘slowdown or recession’

Another weekly decrease in diesel prices across the U.S. has fuel at its lowest price since 2017, according to the latest numbers from the Department of Energy. A 1.1-cent decrease during the week ending Jan. 21 has the U.S.’ average price for a gallon of on-highway diesel at $2.965. The last time prices were lower was […]

China’s economy grew 6.6% in 2018, the lowest pace in 28 years

China on Monday announced that its official economic growth came in at 6.6 percent in 2018 – the slowest pace since 1990. That announcement was highly anticipated by many around the world amid Beijing’s ongoing trade dispute with the U.S., its largest trading partner.

Canada’s economy may soon endure something it hasn’t faced in 68 years

Canada’s economy may soon endure something it hasn’t faced in 68 years: A recession without the U.S. in the same boat. That’s the view of Jim Mylonas, global macro strategist at BCA Research Inc. in Montreal, a firm that’s been making calls on markets and economies since 1949. Mylonas says the surge in household debt combined […]

Inflation pressure cools, but trucking rates keep climbing

Data on producer prices shows that overall inflation pressure calmed further in December, weighed down again by declines in energy prices. Industry detail showed that trucking rates continued to surge, however, driven by another large gain in long-distance trucking rates.

License delays bite into US truck capacity

Add another factor to the long list of contributing causes to the US truck driver shortages: Skills testing delays. Would-be drivers suffered a cumulative 6.4 million days of testing delays in 2016 alone, according to the Commercial Vehicle Training Association (CVTA). Those delays put 258,744 jobs on hold, at a cost of $1.4 billion to […]