Shippers and trucking companies are concerned about a potential loss of capacity and productivity that could push up pricing when truck drivers are required to use electronic logging devices (ELDs), but they’re not expecting a massive capacity crunch following the mandate. (This article requires a subscription to the Journal of Commerce. To subscribe, please click […]
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March Truck Tonnage Slips; Moderate Growth Forecast
The American Trucking Associations’ advanced seasonally adjusted truck tonnage index fell 1% in March, giving a reading of 137.5. Rough weather in the month was to blame for the depressed truck tonnage numbers, according to ATA. Despite the drop, March’s numbers were slightly better in year-over-year comparisons.
FMCSA seeks comments on autonomous trucks
Have an opinion about autonomous trucks? The feds are all ears. The Federal Motor Carrier Safety Administration Thursday, April 13, announced it will hold a public listening session to solicit information on issues relating to the “design, development, testing, and deployment of highly automated commercial vehicles.”
Trucking Industry Both Skeptical and Wary of Tesla Truck Plans
The trucking industry views plans by Tesla Inc. to develop an electric semi-tractor with a mix of skepticism and trepidation. At first glance, the hurdles the Palo Alto, Calif., automaker must overcome to launch an electric big rig appear huge. There is almost no market for electric trucks now. The highway charging network for heavy-duty […]
AAR Reports Weekly Rail Traffic for the Week Ending April 15, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 15, 2017. For this week, total U.S. weekly rail traffic was 519,318 carloads and intermodal units, up 3.9 percent compared with the same week last year. Total carloads for the week ending April 15 were 255,485 carloads, up 6.2 […]
New CSX CEO Shakes Up the Railroad, Starting With “Hump Yards”
Barely a month into his job leading CSX Corp., Hunter Harrison is already executing some signature moves from his railroad-turnaround playbook. First among them: doing away with hump yards, longtime fixtures of rail operators where long trains are broken down into individual cars by pushing them over a hill, then letting gravity send them down […]
Pharma traffic surges at Miami
The 2016 value of international freight at Miami International Airport (MIA) rose eight percent to US$57.3 billion, according to U.S. Department of Commerce data. MIA accredited the rise to pharmaceutical freight, which rose 48 percent, year over year, to $4.4 billion.
Airport cargo demand improves in February
Airports enjoyed another bumper month in February for cargo, fueled by international demand. The latest cargo figures from industry body Airports Council International (ACI) show that volumes “surged” by 7.8% year on year in February. International demand improved ahead of domestic, with the former growing by 9.6% on the same month last year and the […]
Cargo Volumes Rise at Port of Los Angeles
Californian Port of Los Angeles has seen its volumes increase by 10 percent in the first quarter of 2017 as it handled a total of 2.23 million TEUs in the three-month period, compared to 2 million TEU seen in the same quarter a year earlier.
Survey: Shipper displeasure with ocean carriers grows
Shippers and freight forwarders were increasingly dissatisfied with container lines through 2016, according to a survey by Drewry Shipping Consultants and the European Shippers’ Council. Savvy carriers that invest to raise standards have an opportunity to “truly stand out” in an increasingly commoditized market and take business away from lazier rivals, London-based Drewry said. (This […]