At the 2017 ELEVATE Conference yesterday, panelists agreed on the importance of sharing airfreight data to making the entire cargo journey visible to the customers and remaining competitive with large, innovative players like Amazon and Alibaba. But the larger question remains: What will motivate airport communities to share data?
Archive for the ‘Featured’ Category
Moore Stephens: Shipping Confidence Hits Three-Year High
Shipping confidence reached its highest rating in the past three years in the three months to end-August 2017, according to the latest Shipping Confidence Survey from Moore Stephens.
Diesel Inches Up 0.4¢ to $2.792 a Gallon
The U.S. average retail price of diesel crept up 0.4 cent to $2.792 a gallon, and oil dropped closer to $50 a barrel. Diesel now costs 40.3 cents more than it did a year ago, when it was $2.389 a gallon, the Department of Energy said Oct. 2. Prices for trucking’s main fuel climbed in […]
U.S. Factory-Sector Activity Hits 13-Year High
A closely watched measure of manufacturing activity in the U.S. reached a 13-year high in September, as strong demand and order growth rode out a severe hurricane season. The Institute for Supply Management said Monday that its index of manufacturing activity climbed to 60.8 last month from 58.8 in August, hitting its highest reading since […]
Major indexes hit record highs second day; autos, airlines jump
The three major U.S. stock indexes and the Russell 2000 posted record high closes for the second straight day on Tuesday, helped by gains in airlines and as carmakers rose after strong September vehicle sales. Major automakers posted higher U.S. new vehicle sales in September as consumers in hurricane-hit parts of the country rushed to […]
US trucking races to keep up with sharp demand rise
Logistics and transportation companies are not just worried about meeting changing customer demands, they are worried about meeting demand, period. Executives at a major logistics conference here say US freight demand is already hitting near-peak levels. Manufacturing output, housing and construction, and consumer spending are all contributing to surging freight volumes on domestic US lanes, […]
Coalition seeks two-year delay of implementing ELDs
A major trucking-related organization is banding together with 29 other organizations and one business to continue its assault on the mandated installation of electronic logging devices. The Owner-Operator Independent Drivers Association Wednesday announced the formation of a coalition to back a two-year delay of the Dec. 18 ELD mandate compliance deadline. The coalition supports a […]
US truck tonnage, shipper spending hit highs
A strong surge in truck freight demand in the United States redefined the dog days of August and set US shippers on a route toward tighter capacity and higher prices this autumn. Truck volume as measured by the American Trucking Associations’ (ATA’s) For-Hire Truck Tonnage Index leaped 7.1 percent in August from July, and 8.2 […]
Trucking Companies Prepare for the Imminent ELD Mandate
There’s almost no chance that the electronic logging device, or ELD, mandate won’t start Dec. 18 as planned. That’s the consensus of the Commercial Vehicle Safety Alliance, which is charged with enforcing the rule. CVSA is working to get law enforcement up to speed before the rule kicks in. ELD training of approximately 13,000 commercial […]
How Blockchain Technology Could Transform Trucking
Blockchain, a technology that stores incorruptible blocks of information across a shared digital network, could revolutionize the future of trucking and logistics by creating a new system of completing transactions, tracking shipments and managing fleets. Blockchain is a shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network