Electric vehicle manufacturers just received an incentive boost after seven western states announced an agreement to build a regional electric vehicles (EV) corridor. The agreement covers more than 5,000 miles and nearly a dozen interstates. Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming recently agreed to the “REV West Plan.” The plan includes EV […]
While transpacific oceanborne traffic was especially robust this past peak season, industry analysts were also impressed by the air cargo surge in the region. If this trend is to continue, however, the need for improved airport infrastructure is obvious.
European airlines saw cargo demand ramp up in September as the peak season started to get underway. The latest data from airlines based in the European region show that demand was up across the board in September compared with August. In fact, Lufthansa, IAG and Finnair all had their busiest September since Air Cargo News […]
Operating mega-ships of 22,000 TEU was not the way forward and will place mounting pressure on landslide operations, believes Jeremy Nixon, the CEO of new Japanese carrier Ocean Network Express (ONE). While mega-ships may be required on some routes, Nixon told the JOC’s TPM Asia conference in Shenzhen that he remained unconvinced at the need […]
The Department of Energy is predicting another strong month of oil growth from the nation’s shale fields in November. American drillers are poised to increase output in several shale oil and gas regions by another 81,000 barrels a day next month, according to the department’s Energy Information Administration.
The Dow Jones Industrial Average passed another milestone, topping 23,000 for the first time, as strong earnings from UnitedHealth Group Inc. and Johnson & Johnson helped push the more than century-old gauge to a record. It’s the sixth 1,000-point milestone reached in the past 12 months and the fifth since Donald Trump was elected president […]
U.S. industrial production rebounded modestly in September as the lingering effects of Hurricanes Harvey and Irma hobbled activity at factories, but the outlook for the industrial sector remains bullish amid a strengthening global economy and weakening dollar.
The Federal Motor Carrier Safety Administration later this month will host two question-and-answer webinars about federal hours-of-service regulations. The hour-long sessions will allow participants to submit HOS-related questions and have them answered by FMCSA subject matter experts Tom Yager and Peter Chandler. Yager is chief if the Driver and Carrier Operations Division within FMCSA, and […]
U.S.-NAFTA freight totaled $89.2 billion in July, the U.S. Department of Transportation reported today. That’s 6.5 percent more than in July 2016, and makes the ninth consecutive month in which the year-over-year value in NAFTA freight had a year-over-year monthly increase. Trucks continued to be the most highly utilized transport mode, carrying 63.2 percent of […]
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 7, 2017. For this week, total U.S. weekly rail traffic was 554,826 carloads and intermodal units, up 6.3 percent compared with the same week last year. Total carloads for the week ending October 7 were 269,336 carloads, up 2 […]
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