Original Equipment Manufacturers of trailers have their hands full for the remainder of 2015, according to reports released by both ACT Research and FTR Associates.
Archive for the ‘CHEMICAL’ Category
Fed Stays Vague on Rate-Hike Timing, but Sees Slower Growth as Blip
WASHINGTON—Federal Reserve officials attributed the economy’s sharp first-quarter slowdown to transitory factors, in effect signaling an increase in short-term interest rates remains on the table for the months ahead although the timing has become more uncertain. (This article required a subscription with The Wall Street Journal. To access, please click on the above link.)
Good Growth Predicted for Chemical Industry Throughout 2015
The recovery momentum for the chemical industry is expected to continue this year, backed by a strengthening U.S. economy, strength in the automotive space, healthy demand in emerging geographies and gradually convalescing construction markets.
Port truckers strike in LA and San Diego, agreement reached with one major company avoiding strike
On Monday, April 27, 2015, port truck drivers serving the nation’s largest port complex began a strike of four major drayage firms serving the twin ports of Los Angeles/Long Beach, where a crippling slowdown in early 2015 sent shock waves through the U.S. economy. Primary picket lines are now up company yards in the greater […]
Congress must make moving freight a high priority
The current surface transportation bill, MAP-21, will expire on May 31. Congress must use this opportunity to craft new legislation that will, for the first time, make freight a high priority.
US Rail Intermodal Traffic Rises for Week
U.S. rail intermodal traffic rose 2.3% in the week ended April 11 compared with the same week last year, the Association of American Railroads reported.
House bill would regulate crude oil by rail
A second group of federal lawmakers has introduced legislation to regulate the transport of crude oil by rail. U.S. Rep. Mike Thompson (D-Calif.) yesterday introduced the Crude-By-Rail Safety Act (H.R. 1804), which the congressman said would set new safety and security standards to address growing concerns that current standards fail to address the threat posed […]
New Jersey needs to invest in roads and rail to support port
New Jersey will need to invest more in highway and rail freight infrastructure to handle the increasing cargo volume at Port Elizabeth/Port Newark that is propelling the growth of the state’s transportation and logistics sector, said State Senate President Stephen Sweeney, D-Gloucester.
ATA Reports 5% Increase in Truck Tonnage
Truck tonnage rose 5% last month, providing an indication of continued economic expansion, American Trucking Associations reported.
A Supply Chain World Tour
Demand-driven logistics spans the world…in practice and in print. For a host of reasons, U.S. shippers and consignees are taking control of how they pull—and push—global product to market.