The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 4, 2017. For this week, total U.S. weekly rail traffic was 538,739 carloads and intermodal units, down 0.8 percent compared with the same week last year. Total carloads for the week ending November 4 were 266,652 carloads, down 1.7 […]
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Analysis: Signs point to capacity crunch in domestic containers
Buried in the generally favorable intermodal numbers for September from the Intermodal Association of North America was an attention-getter: revenue moves occurring in domestic containers came in only 0.7 percent ahead of the prior year. The gain pales in comparison with more than 12 percent growth for trailer-on-flat-car (TOFC) 53-foot trailers and reported American Trucking […]
Air freight may be project cargo’s most volatile move
Even without the threat of natural disasters, the shipment of outsized or heavyweight air freight has always demanded agility, speed, and quick thinking from forwarders, charter brokers, and carriers. The inherent complexities, coupled with economic and market forces, make project air freight possibly the most volatile, challenging, and least understood niche in global logistics. Air […]
American Airlines adds third non-stop Beijing connection
American Airlines (AA) has launched daily non-stop B787-7 Dreamliner flights between Los Angeles and Beijing – its third direct link with the Chinese capital. AA also flies to Beijing from Chicago and Dallas.
America’s “Retail Apocalypse” Is Really Just Beginning
The so-called retail apocalypse has become so ingrained in the U.S. that it now has the distinction of its own Wikipedia entry. The industry’s response to that kind of doomsday description has included blaming the media for hyping the troubles of a few well-known chains as proof of a systemic meltdown. There is some truth […]
Xi Jinping, Donald Trump oversee signing of US$253 billion in trade deals
Chinese President Xi Jinping and his US counterpart Donald Trump witnessed the signing of deals worth US$253 billion on Thursday, making the US head of state’s visit to China one of the most fruitful for Chinese and US businesses in terms of the value of agreements struck.
Japan says TPP trade deal talks ‘agree in principle’
Talks on pushing ahead the Trans Pacific Partnership (TPP) trade deal without the United States reached a critical point on Thursday as ministers from the 11 countries discussed a proposed agreement in principle. Clear agreement on proceeding without the US would be a boost for the principle of multilateral free trade pacts over the bilateral […]
US surface transportation pricing on the rise
An index for truckload pricing rose 4.2 percent year over year to hit an all-time high in September, as intermodal pricing rose 4 percent and evidence of strong US economic expansion driving higher volumes and US surface shipping rates continue to grow. Growth in truckload pricing is accelerating, having increased for the past six months […]
Truckers Aren’t Quitting Because of ELDs
Little evidence exists that truckers are leaving the industry ahead of the Dec. 18 deadline for adopting electronic logging devices, according to a just-released comprehensive survey of carriers and owner-operators.
RIP Future Truck 2025
In autonomous trucking years, 2014 feels like a lifetime ago. It was in July of that year when Wolfgang Bernhard, then head of Daimler AG’s global trucking business, unveiled the Mercedes-Benz Future Truck 2025.