Trucking’s Hail Mary Pass to make federal hours-of-service laws fully the law of the land, both theoretically and practically, has been successfully completed. The Federal Motor Carrier Safety Administration announced on Dec. 21 that it is granting petitions to preempt the State of California’s meal and rest break rules for truck drivers, which differ from current […]
A deeper dive into trucking data showed a big year for the industry across three specific sectors, particularly after July. The numbers also portend glad tidings for 2019.
The effects of the partial shutdown of the federal government on the rail community appear not to be significant, at least for now. The action comes as President Trump and the Republican-controlled Congress remain locked in a budget dispute over funding for a wall along the U.S. border with Mexico.
Hopes last month for a rebound in peak season may have dimmed, as October’s decline in year-over-year air cargo traffic seems to have extended into November. Outliers to this trend include, again, Turkish Airlines, Air China, and China Southern Airlines. Most carriers and airports, however, do show continued positive year-to-date traffic compared to the same […]
Diesel powers trucking, and as diesel prices fluctuate they can provide boons or headaches for the industry. In 2018, a variety of factors pushed the price of trucking’s main fuel up and down, including capacity crunches, severe weather catastrophes and geopolitical events.
Sales during the U.S. holiday shopping season rose 5.1 percent to over $850 billion in 2018, the strongest in the past six years, according to a Mastercard report, as shoppers were encouraged by a robust economy and early discounts.
Orders to U.S. factories for long-lasting goods rose at a modest pace last month, but the gain was driven entirely by demand for military aircraft. Excluding transportation equipment, orders fell. Durable goods orders impact the trucking industry because trucks transport most of the goods once they are produced.
China will lower import taxes on more than 700 goods from January 1 in another round of tariff cuts as part of its efforts to open up the economy and lower costs for domestic consumers. There will also be cuts to some export tariffs, and temporary import tariff rates will be as low as zero for […]
The US economy, measured by goods shipped and money spent on transportation, is still growing, despite heightened concern about a slowdown or even recession, according to the latest Cass Freight Index report. The Cass indices show US freight shipments and transportation spending dipped in November from October but still rose year over year.
Pricing for both truckload and intermodal freight movements saw another strong month in November, according to data in the most recent editions of the Truckload Linehaul Index and Intermodal Index from Cass Information Systems and Broughton Capital.
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