Truckers Stand as One hopes to call attention to HOS reform, parking and other issues during a nationwide non-driving day in April.
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Rail Traffic for December and the Week Ending January 12, 2019
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 12, 2019. For this week, total U.S. weekly rail traffic was 555,127 carloads and intermodal units, up 8.4 percent compared with the same week last year. Total carloads for the week ending January 12 were 266,240 carloads, up 10.3 […]
US intermodal growth to slow as tariffs pinch
US intermodal volume is set to grow for the third straight year but at a slower rate than 2018, thanks to international and domestic pressures. Tariffs on Chinese goods threaten the consumer confidence that drives the railing of containerized imports and US manufacturing. Trucking will also compete for domestic freight as spot market capacity is more abundant […]
Top 5 airfreight trends to expect for 2019
Every January brings with it anticipation of the months to come and what they hold for airfreight logistics. Trade wars, recent WorldACD reports and the impending finale of Brexit have instilled uncertainty into the market, but the outlook for this year still suggests growth.
Cargo demand in November a “big disappointment”, says IATA
The air cargo industry failed to register an increase in demand in November for the first time since March 2016 in what has been described as a big disappointment. The latest figures from airline association IATA show that cargo traffic was flat in November compared with a year earlier, following 31 consecutive months of year-on-year increases.
NRF: US Container Imports to Weaken in First Half of 2019
Imports at the major retail container ports in the US have slowed down after a months-long rush to beat increased tariffs on goods from China, the National Retail Federation (NRF) said.
US economy has good momentum in 2019: Fed Vice Chair Richard Clarida
The Federal Reserve Opens a New Window.affirmed its optimistic outlook for the U.S. economy Opens a New Window.in 2019. “The economy has good momentum going into 2019,” Federal Reserve Vice Chairman Richard Clarida said in an exclusive interview on FOX Business on Monday. “Our priority is pursuing a monetary policy that will achieve our objective, which is full employment and […]
U.S. economy could slip from top spot in 2020 and keep slipping, analysts say
America’s days as the world’s most powerful economy are numbered, and when that torch is finally passed, it’ll be tough to get back, according to a recent report. In our call of the day, Standard Chartered predicts that China’s GDP will overtake the U.S. next year. What’s more, within another decade, India is pegged to push the […]
Shippers, not just US truckers, own driver shortage
For years, shippers were warned about the looming driver shortage. Trucking executives sometimes were accused of “crying wolf” when it came to driver shortages to secure rate increases – until 2018. Suddenly, the wolf was real and had teeth, in the form of higher spot and contract rates and rejected freight tenders that drove double-digit cost increases.
Trucking Industry Expected to See Slower Growth in 2019
Trucking industry economists say – after a 2018 that saw record-setting levels of freight-hauling demand and driver pay as tonnage levels reached a 20-year high – the industry is expected to remain strong in 2019 but undergo a bit of a cool-down.