FedEx Corp. FDX -0.07 % is raising its fuel surcharge for the second time this year, jolting e-commerce companies, retailers and other shippers with price increases just as they gear up for the make-or-break holiday sales season. (This article required a subscription with The Wall Street Journal. To access, please click on the above link.)
There will be a shortage of nearly 50,000 truckers in the United States by the end of this year, according a new report by the American Trucking Associations (ATA). That’s up from a shortage of 30,000 drivers just two years ago, and 20,000 drivers a decade ago.
A recovering U.S. economy is driving record demand for trucking. But many smaller operators, who make up the vast majority of the roughly 470,000 for-hire fleets on the road today, say they’re missing out on the boom. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
Consumer confidence unexpectedly rose in September as a resilient labor market helped American shake off the effects of tumbling stock prices.
The value of U.S.-NAFTA freight totaled $93.0 billion in July 2015 as all modes except air carried less freight than in July 2014, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS
WASHINGTON, D.C. – Sep. 23, 2015 – The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending Sep. 19, 2015. For this week, total U.S. weekly rail traffic was 566,734 carloads and intermodal units, down 2.5 percent compared with the same week last year.
Rising equipment costs and driver wages led to an increase in operational costs in 2014, according to a comprehensive report from the American Transportation Research Institute.
A new trucking advocacy group is trying to buff up and modernize the image of the 7 million Americans involving in the domestic trucking industry.
Certain shippers tapping southbound U.S. – Mexico intermodal services offered by Schneider National won’t have to wait on protracted clearance processes at the border, thanks to new streamlined customs processes announced Tuesday. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
The surge in cargo volume that major U.S. East Coast container ports have experienced this year at the expense of their West Coast counterparts has come mostly from large shippers because smaller companies can’t afford to alter their supply chain network, according to one logistics expert.
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