Saudi Arabia, the world’s largest crude shipper, trimmed exports to a 21-month low in February as local refineries took advantage of more abundant supplies and processed a record amount of crude. Oil exports fell to 6.95 million barrels a day, the lowest since May 2015, from 7.7 million a day in January, according to data […]
Archive for the ‘Featured’ Category
US shippers press truck brokers for sharper “visibility”
Shippers, it is clear, want greater visibility into their supply chains, not just from trucking companies and shipping lines but from third-party logistics providers (3PLs) and brokers. In an electronic poll, three quarters of the transport and logistics executives at the 2017 Transportation Intermediaries Association Conference here Thursday said US shippers already have required they […]
5 New Regulations That Affect Freight Brokers
New food safety regulations that define brokers as shippers began earlier this month, and the FMCSA put on hold a new method for determining the safety of carriers. Here are five regulations that freight brokers should be aware of-either because they apply to brokers directly, or because the rules will have an impact on truckload […]
Spot Truckload Freight Rates Heat Up Despite Less Freight
Spot truckload freight rates posted impressive gains the first week of this month despite a small but typical decline compared to the week before, according to DAT Solutions and its network of load boards, as shippers rushed to move cargo before closing their books on the first quarter.
AAR Reports Weekly Rail Traffic for the Week Ending April 8, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 8, 2017. For this week, total U.S. weekly rail traffic was 513,022 carloads and intermodal units, up 7.1 percent compared with the same week last year. Total carloads for the week ending April 8 were 252,056 carloads, up 9.8 […]
Secure Rail 2017 highlights strategies to defend against cyber, physical threats
At Progressive Railroading’s third annual Secure Rail Conference, held April 5-6 in Orlando, Fla., attendees listened to 20 presentations on topics that addressed how railroads can improve the security of assets, passengers and employees.
Americas Cargo Monthly: Demand flies at US carriers
March was a bumper month for US carriers as the big three all registered a surge in air cargo demand. United, American and Delta all saw cargo demand increase during March compared with a year ago, with Delta registering its first year on year improvement since February 2015. IATA has reported that the strength of […]
UPS adds 400 “dangerous” commodities to its fly list
UPS is heading into the “danger zone,” saying it is ready to handle a wider range of higher-risk goods. The express giant is now allowing an additional 400 “dangerous” commodities onto its global air network, as well as increasing the size of allowable shipment. The company is also adding more than 300 products across its […]
Where have all the pilots gone? How a looming shortage may curtail e-commerce
America’s pilot shortage is a slow-burning crisis that has the potential to disrupt the national economy and undercut growing sectors like e-commerce. The U.S. Federal Aviation Administration estimated that the U.S. airline industry contributes more than US$1.3 trillion to the national economy, or 5.2 percent of the country’s GDP.
Port of Long Beach Sees Strongest 1st Quarter Since 2007
The US Port of Long Beach has recorded its best first quarter since 2007, mainly driven by a 20.2 percent increase in March import container volumes, the port said.