The US Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) recently announced a proposed rule to streamline the process for men and women interested in entering the trucking workforce.
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Port of LA broke TEU records in FY2019
The Port of Los Angeles moved 9,688,252 twenty-foot equivalent units (TEUs) in fiscal-year 2019, a 5.7 percent increase from the previous year, port officials announced this week. The fiscal year, which ended June 30, was the busiest 12-month period in port history, said Executive Director Gene Seroka.
PANYNJ unveils new 30-year master plan
The Port Authority of New York and New Jersey (PANYNJ) on Tuesday unveiled its Port Master Plan 2050, which lays out a roadmap for the next generation of land-use and infrastructure development projects.
US import prices post the biggest drop in 6 months
U.S. import prices fell by the most in six months in June, pulled down by declines in the costs of petroleum and other goods, suggesting imported inflation remained subdued. The Labor Department said on Tuesday import prices dropped 0.9% last month, the biggest decrease since December. Data for May was revised up to show import […]
Jobless Claims Decline to Lowest Level Since Mid-April
Filings for U.S. unemployment benefits declined to a 12-week low, underscoring the Federal Reserve’s view that a robust labor market is underpinning economic expansion.
Imports at Top US Container Ports to Rise Modestly
Imports at the US major retail container ports will remain at high levels this summer but are expected to grow only modestly compared with last year’s rush to bring goods into the country ahead of scheduled tariff hikes, according to a new report released by the National Retail Federation and Hackett Associates.
US Adds (224,000) jobs in June
The U.S. added a robust 224,000 new jobs in June, rebounding from a recent lull and calming worries about the health of an economy now entering a record 11th year of expansion.
Port Tracker report signals volume growth will remain but at a reduced level
High levels of imports are expected to remain intact at United States-based retail container ports, albeit at a lower level than a year ago at this time, as retail shippers rushed to bring goods into the U.S., in advance of scheduled tariff increases, according to the most recent edition of the Port Tracker report published […]
New figures from Labor Department show trucking employment upswing in recent months
New data released by the Department of Labor on Friday presents a rosier picture of trucking employment through the first half of 2019 than originally indicated by earlier, preliminary data.
Global Telematics Market to See Growth Over Next Five Years
The global telematics market is expected to grow at a compound annual growth rate (CAGR) of 20.7% over the next five years, with developments in North America leading the way.