Outbound tender volumes (OTVI.USA) rose by 3.76% year-over-year this week, closing back in on the year-to-date high of 6.78% from a month ago. The prior three weeks had seen year-over-year volumes fall back down to the 1% range, so this is good news. This continues their upward trajectory and extends their multi-week winning streak dating […]
Mother Nature is scaring up plenty of bad Halloween weather today across the U.S., from wildfires and high winds to snowstorms and thunderstorms. Whether hauling a full load or less than truckload, bobtailing or deadheading, drivers will need to be extra careful.
For the first time this year, the Port of New York and New Jersey has became the second largest container gateway to the U.S. And the port is making investments to ensure it will retain a top spot in maritime freight in the years to come.
U.S. factory output slumped 0.5% in September, as a strike at General Motors caused a steep decline in auto production amid broader struggles for manufacturers. The Federal Reserve said Tuesday that manufacturing production has fallen 0.9% over the past 12 months, a reflection of the disruptions and uncertainties caused by the U.S.-China trade war. The […]
U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.
A new Port of Seattle partnership is taking aim at one of the maritime sector’s most intractable problems: the graying seas. One-third of employees in Washington state’s maritime industry are over the age of 55, according to 2018 Census data. The bracket seeing fastest employment growth is ages 65 and up.
A new Port of Seattle partnership is taking aim at one of the maritime sector’s most intractable problems: the graying seas. One-third of employees in Washington state’s maritime industry are over the age of 55, according to 2018 Census data. The bracket seeing fastest employment growth is ages 65 and up.
FTR reports preliminary trailer orders for September at 19,000 units, the highest since February. Trailer order activity rebounded from the recent doldrums as some fleets began placing orders for 2020. Orders were up 81% m/m but minus 66% y/y. September’s net orders could have been even higher but were negatively affected by fleet cancellations of […]
The U.S. Department of Transportation’s Office of Inspector General has initiated an audit of the Federal Motor Carrier Safety Administration’s oversight of truck driver disqualifications. OIG issued a memorandum announcing the audit Oct. 22. FMCSA’s oversight duties include annual reviews of state driver licensing agencies to make sure the agencies are complying with commercial driver […]
American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index saw a slight gain in September after falling 4% the month before. The Index increased 0.2% compared to August, equaling 117.6 and was up 3.5% compared to the same month in 2018.
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