The Port of Los Angeles is on track to become the first North American seaport to ever handle more than 9 million TEUs in a calendar year, according to port projections.
Archive for the ‘Featured’ Category
UPS, DHL, and Other Shippers Warn of Holiday Shipping Delays
It’s typically around this time each holiday season that panic sets in for some buyers about whether gifts they have ordered will be delivered on time. Websites have started warning customers of the last day they should order to ensure their packages arrive before Christmas. But the surge in holiday shopping is slowing down the […]
Earnings Estimates for Companies Around the Globe Are Hitting Record Highs
Forward earnings estimates for stocks across developed and emerging markets have risen to the highest on record, according to calculations by Bloomberg. The bullish consensus on future corporate profits is not limited to one particular region. For stocks from the U.S. to Europe, Asia Pacific to emerging markets, analysts have been increasing their 12-month forward […]
Amid tight labor market, US truckers struggle to add drivers
The driver shortage in the long-haul trucking industry is likely to get worse before it gets better, as low unemployment and higher-paying alternatives to truck driving form a barrier to recruitment. As a result, shippers are likely to face renewed pressure not just to contribute more to truck driver pay, but to improve the working […]
Trucking officials tout automation’s ability to attract younger drivers
Autonomous technologies and active safety systems can help attract a new generation of workers into trucking, industry officials told a House subcommittee.
Thoughts on ELDs from truck drivers
While the devices and the hours of service (HOS) rules that govern them are far from perfect, some feel transitioning to them won’t be too hard, while others think they’ll take away too much daily operational control.
NRF: Despite NAFTA uncertainty, imports ‘riding high’ in 2017
Imports at the United States’ major retail container ports are projected to grow 1.5 percent this month over the same period last year, according to the latest Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. Ports covered by the report are expected to handle 1.6 million 20-foot equivalent units […]
Air cargo rates climb higher with no sign of slowing demand
The market is reporting incredibly high air cargo rates as demand overtakes available supply out of Europe, leading to chronic space constraints on aircraft and causing congestion and delays at air cargo hubs struggling to handle the record volume. Shippers trying to shift products to market before the holidays are being further frustrated by waves […]
Infographic: The ELD Era Begins
With the electronic logging device mandate just weeks away, shippers must acquaint themselves with the requirements of the regulation and its likely impact on US trucking capacity and supply chains, from port drayage drivers to long-haul truckers. (This article requires a subscription to the Journal of Commerce. To subscribe, please click on the above link.)
Electric last-mile delivery could save industry $540M this season
Workhorse Group says electric vehicle energy costs 35% of what diesel costs last-mile delivery fleets as nearly 1 billion packages are expected to be delivered during 2017 holiday season.