The trade war between the United States and China has caused major disruptions for global businesses – but it may also bring benefits for some. Companies in Europe, Mexico, Japan and Canada could add tens of billions of dollars in export orders if the conflict drags on, according to a study released this week by the United Nations Conference on […]
Oil sank for a second straight day as service-sector orders fed worries about the economy and traders received another report of booming U.S. crude supplies.
For US shippers struggling to secure truck capacity, now is the time to act, and the first thing they should think about is time, especially how much time is lost in their supply chains. Capacity most often is measured in drivers, tractors, trailers, containers – all physical assets, human or otherwise – and space, as in […]
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 6.6% in all of 2018 – the largest annual gain since 1998 and significantly better than the 3.8% increase in 2017.
Walmart is raising trucker salaries in its push to hire 900 more drivers this year across the United States, including Texas, where it has a big concentration of large distribution centers where empty trucks get filled.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 26, 2019. For this week, total U.S. weekly rail traffic was 522,026 carloads and intermodal units, down 4 percent compared with the same week last year. Total carloads for the week ending January 26 were 248,937 carloads, down 4.7 […]
The American Association of Port Authorities (AAPA) has identified nearly $4 billion in “crucial” port and supply chain security needs over the next decade, according to a new report. In the fourth edition of its “The State of Freight” report, the AAPA recommends refocusing the Federal Emergency Management Agency’s Port Security Grant Program to “better meet the security infrastructure needs […]
Asian Pacific airlines recorded an “encouraging” increase in air cargo volumes in 2018, despite a slowdown towards the end of the year. The latest figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo volumes increased by 3.9% year on year in 2018. However, growth continued to slow as the year progressed, […]
The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 (revised down from $33.8 billion forecast in June).
Federal Reserve Chairman Jerome Powell said Wednesday afternoon that the American economy will recover most of the lost economic output lost during the federal government’s partial shutdown.
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