With little fanfare, Airbus SE is about to mark an unusual milestone in aviation: simultaneous production of the same aircraft on three continents. The company will hand over the first A320 to roll out of its Mobile, Alabama, assembly plant on Aug. 25, meaning North America will join Europe and Asia in producing the most […]
Archive for the ‘Featured’ Category
US East Coast Ports Yet to See Major Change in Vessel Sizes from Asia
Deployment of bigger container shipping vessels to the United States East Coast ports is yet to take place as carriers take their time to reshuffle their vessel schedules. Despite the removal of infrastructural obstacles that prevented bigger ships from entering East Coast ports, including the expansion of the Panama Canal and the most recent raising […]
New home sales plunge 9.4% in July, falling to 7-month low
New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest level in seven months, which could raise concerns of a slowdown in the housing market recovery. The Commerce Department said on Wednesday new home sales tumbled 9.4 percent to a seasonally adjusted annual rate of 571,000 units last month, the lowest level […]
Mexican Economy Grows for 16th Straight Quarter
Mexico chalked up its 16th consecutive quarter of economic growth in the April-to-June period as strong services output compensated for sluggish industrial production. Gross domestic product, a measure of output in goods and services, expanded 0.6% seasonally adjusted from the first quarter and was up 1.8% from a year before, the National Statistics Institute said […]
China’s Robot Revolution May Affect the Global Economy
China is installing more robots than any other nation, and that may affect every other nation. Shipments jumped 27 percent to about 90,000 units last year, a single-country record and almost a third of the global total, and will nearly double to 160,000 in 2019, the International Federation of Robotics estimates. The blazing pace hasn’t […]
AAR Reports Weekly Rail Traffic for the Week Ending August 19, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending August 19, 2017. For this week, total U.S. weekly rail traffic was 554,021 carloads and intermodal units, up 4.4 percent compared with the same week last year. Total carloads for the week ending August 19 were 271,675 carloads, up 0.8 […]
AAR Reports Weekly Rail Traffic for the Week Ending August 12, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending August 12, 2017. For this week, total U.S. weekly rail traffic was 548,790 carloads and intermodal units, up 2.7 percent compared with the same week last year. Total carloads for the week ending August 12 were 268,364 carloads, up 0.3 […]
Trucking Revenues Top $676 Billion in 2016, Account for 71% of All U.S. Freight Tonnage
Ever wonder how big the trucking industry is? Well, let’s turn to the the latest edition of ATA American Trucking Trends 2017, the annual compendium of data about the trucking industry, which shows that trucking industry revenues in 2016 were $676.2 billion.
ELDs will drive up rates, increase shortage of drivers
The truck productivity hit that many have feared from electronic logging devices (ELD) may not be as severe as thought, but the implementation of the devices may hit the industry hard in other ways. Noel Perry, truck and transportation expert for FTR, told a webinar audience yesterday that spot rates could climb 20% or more […]
Fleet Stats 2017: Class Is won’t be acquiring many rail cars or locomotives this year
Through 2017’s first half, total U.S. carloads rose 4.5 percent and total Canadian carloads climbed 11.8 percent compared with first-half 2016 figures, according to Association of American Railroads data. But the traffic rise in both nations after a prolonged period of declines spanning several years hasn’t yet translated into significantly more rail cars entering Class […]