The development of the Hyperloop transportation concept is a game changing breakthrough in transportation that combines already proven concepts such as magnetic levitation, linear electric motors and tunnels. Such technology also provides the basis for future related transportation technology that would occupy unique new niches in the transportation market. That technology could include future freight […]
U.S. inventories, one of the most watched indicators of the global supply glut, have remained above the five-year average that OPEC has sought to break as production from shale plays keeps rising. But they have fallen for seven straight weeks, and the decline is likely to continue as Americans take to the roads, boosting demand […]
Americans made 433 million fewer trips to restaurants at lunchtime last year, resulting in roughly $3.2 billion in lost business for restaurants, according to market-research firm NPD Group Inc. It was the lowest level of lunch traffic in at least four decades. While that loss in traffic is a 2% decline from 2015, it is […]
Walmart has its eye on blockchain technology. The United States Patent and Trademark Office (USPTO) recently published a patent filed by the mega-retailer for a “delivery management system” that aims to improve upon last mile shipping-the final stretch extending to consumers’ homes-by using robotics, sensors, and yes, blockchains, also often referred to as distributed ledgers.
U.S. home prices climbed in March at the strongest rate in nearly three year as a dwindling supply of houses for sale is causing prices to significantly outpace income growth. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index released Tuesday rose 5.9 percent over the past 12 months ended in March, the most […]
The last mile on the route to e-commerce fulfillment is getting crowded, with truckload, less-than-truckload, logistics and parcel operators all jostling to squeeze trucks onto residential roads and driveways leading to a consumer’s doorstep and customer’s dollars. (This article requires a subscription to the Journal of Commerce. To subscribe, please click on the above link.)
Hyster Company is testing high capacity lift trucks with electric motors. The company suggests that, in the near future, ports and heavy industry will be able to electrify their big truck fleets, producing zero emissions while achieving comparable full shift performance.
Driving a long-haul tractor-trailer is as commonplace as the items that drivers carry, from blue jeans to blueberries, from toilet paper for Walmart to farm machinery bound for export. There are 1.7 million men and women working as long-haul drivers in the country. Yet truckers – high up in their cabs – are literally out […]
Traffic congestion on U.S. highways cost the trucking industry $63.4 billion in 2015 due to lost productivity, according to new research by the American Transportation Research Institute.
The trucking industry has been teetering on the electronic logging device issue for a years now. Not many wanted to see it come to fruition, and now that the December compliance deadline is rolling around, trucking companies and truck drivers across the nation are hoping for a reversal on the ruling.
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