The price of oil dropped to its lowest level in history April 20, sinking into negative pricing as oil supplies are beginning to overwhelm the globe’s storage capacity. During trading on the New York Mercantile Exchange, West Texas Intermediate crude for May delivery fell more than 100% to settle at negative $37.63 per barrel, meaning […]
Canadian truck driver Nicole Folz began suspecting she had COVID-19 as she prepared to make her final less-than-truckload delivery in South Carolina last week, some 14 hours from home in Ontario. The sore throat and dry cough she noticed after she crossed into the U.S. had gotten worse. A thermometer she purchased confirmed she had […]
Under authority of the White House, Customs and Border Protection (CBP) will allow U.S. importers of certain goods to defer their payments of duties, taxes and fees for the next 90 days, starting April 20. The temporary duty deferment was included in an executive order signed by President Trump on Friday, April 17, to help American businesses […]
The South won’t catch much of a break from potential severe weather this week. After deadly tornadoes on Easter Sunday, followed by additional tornadoes yesterday, severe storms may strike from Texas and Oklahoma to Georgia over the next few days. Shippers and carriers should expect at least minor delays in freight movement as drivers will […]
Wearable social-distancing buzzers. Masked blackjack dealers. Drive-thru electronics purchases. From cubicles to factory floors, cafes to clothing boutiques, businesses around the world are dreaming up creative ways to reopen, attempting to start revenue flowing again while minimizing the risk to customers and employees. The global economy is riding on their ability to pull off that […]
When we head to the gas station, we rarely think twice about whether there will be fuel at the pump. Fuel supply management is never really a concern for consumers until there is a shortage or a pandemic, such as COVID-19. But for supply chain managers, the coordination and smart replenishment of fuel are monitored […]
Norfolk Southern (NYSE: NSC) has shed approximately 300 locomotives and intends to put up another 400 for sale, the Eastern U.S. railroad said in a Thursday filing to the Securities and Exchange Commission (SEC). The company attributes its decision to the introduction of precision scheduled railroading [PSR] in 2019, which “continues to provide significant benefits to the network operations […]
Although terminal operators at US ports acknowledge operations are fluid now, an expected spike in imports beginning mid-May has prompted them to begin offering on-terminal storage space for laden import containers carrying non-essential merchandise. The move, which is unprecedented in that terminal operators always encourage shorter container dwell times at their facilities, is being taken […]
Long waiting and unloading times are becoming more frequent at shipping and receiving sites, creating backups at gates and docks and hampering delivery of essential items during the coronavirus disease 2019 (COVID-19) pandemic, motor carriers and logistics executives say. While difficult to quantify, truck drivers and logistics and carrier executives have said detention is worsening […]
The Federal Motor Carrier Safety Administration has expanded its COVID-19 emergency declaration to allow examiners to conduct commercial driver license skills tests without being physically in the truck, using such technologies as in-cab cameras, online testing and cellphones.
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